Product Manager

Posted 10 Hours Ago
Be an Early Applicant
10 Locations
Remote or Hybrid
114K-215K Annually
Senior level
Insurance
The Role
Develops and manages insurance product strategies to maximize customer value and profitable growth. Responsibilities include pricing analysis, regulatory filing strategy, product compliance, policy and coverage strategy, underwriting guidance, forecasting, budgeting, profit and loss management, and multi-year strategic planning. The role collaborates with cross-functional partners, mentors analysts, supervises employees, and leads product initiatives and business projects.
Summary Generated by Built In

Applicants must be a resident and work from one of the following states: WA, OR, ID, OH, IL, TX, MN, NC, SC or FL, with occasional travel to our headquarters, located in Seattle, WA.

Who We Are: 

At PEMCO, we’re all about people – our customers, our employees, and the community.  We’re a mutual insurance company owned by our Northwest policyholders.  We provide auto, home, renters, and boat coverage. Recognized by Forbes as one of America’s Best Insurance Companies in both Auto and Home for 2026, based on customer survey feedback, and by Newsweek as one of America’s Greatest Midsize Workplaces 2025. We are consistently recognized for our outstanding customer service, employee expertise, community partnerships, and social impact programs. All of which makes PEMCO a great place to work!

Our social impact programs motivate high achievement by youth in education; build stronger and greener communities; and increase safety at home, on the road, and at play. We’re committed to diversity, equity, inclusion, and belonging, and to fostering an inspiring and inclusive workplace. These efforts create and cultivate an environment that builds fairness and understanding, encourages collaboration and flexibility, and celebrates all the ways in which we’re different and the same – enabling all individuals to achieve their full potential.

Why We Need You:

The Product Manager is responsible for delivering product strategies that offer high customer value and optimize profitable growth.

What You’ll Be Doing:

  • Work closely with, mentor Product Analysts and business partners.

  • Work effectively with internal and external teams and business partners to implement product initiatives and effect product changes.

  • Responsible for profit/loss and growth and forecasting and budgeting key metrics for assigned product line(s).

  • Influence and educate partners at all levels in key functions regarding product changes.

  • Effectively supervise employees, as assigned.

  • Develop and maintain product line(s) to meet consumer needs - perform pricing analysis and make pricing selects; responsible for the regulatory filing strategy; ensure assigned products comply with state regulations and statutes. 

  • Determine and actively manage 2-5-year strategic product plans.

  • Demonstrate behaviors consistent with PEMCO's policies, values, code of ethics and business conduct.

  • Authentically support the PEMCO Brand and constantly are on the lookout for top talent to join us to achieve our Mission to Worry Less and Live More.

  • Other duties as assigned.


What You'll Bring:

  • Graduate or other professional degree or equivalent work experience

  • 5 years of experience in comparable role, including demonstrated command of product management principles is required

  • Strong understanding of market and key competitors; determine policy and coverage language strategy; influence underwriting strategy and guidelines

  • Prior leadership experience or demonstrated leadership ability

  • Associate in Claims (AIC ) designation from AICPCU/IIACertified Insurance Counselor (CIC)Property/Casualty License

  • MS Office: Skilled proficiency in Excel, Word, PowerPoint, Outlook is required

  • Analytical and data-driven: Thinks analytically; a structured thinker who can put complex ideas into clear frameworks; uses data to conduct root cause analysis and develops high quality, consumable, and consistent metrics that drive strategic objectives and priorities is required

  • Business Environment: Has a thorough understanding of our industry, the relevant business landscape, trends in growth and insurance environments; the ability to spot early indicators of change and apply strategies to adapt quickly is required

  • Project Management: Has a proven track record of driving and motivating cross-functional team members to successfully implement technology or business project


Compensation:

The pay range for this role is shown below. Compensation decisions are determined based on an individual’s qualifications, job-related knowledge, skills, and experience.

  • Greater Seattle area target pay range: $154,845 - $189,255.  The full pay range is $129,038 - $215,063.
  • Outside Greater Seattle area target pay range: $136,654 - $167,022.  The full pay range is $113,879 - $189,797.

Greater Seattle Area is defined as working within approximately 100 miles of Seattle.
Outside Greater Seattle is defined as working approximately 100 miles or more from Seattle.

Benefits:

Regular part-time PEMCO employees working at least 24 hours per week and regular full-time PEMCO employees are eligible to elect coverage under medical, dental, and vision plans for themselves and their eligible family members with generous employer premium cost shares. In addition, as a benefits-eligible employee, you are:

  • covered by employer-paid basic life and accidental death & dismemberment insurance policies as well as long- and short-term disability benefit coverages.
  • eligible to participate in PEMCO’s 401(k) plan, which includes a generous employer match (2 for 1 on the first 6% employee pre-tax and/or Roth deferral, up to federal maximums). 
     

PEMCO provides the following paid leave programs for benefits-eligible employees in their first year of PEMCO employment:

  • Vacation and eight (8) paid holidays.
  • Granted four (4) floating holidays and up to ten (10) days of sick leave immediately upon hire (pro-rated based on hire date and full-time/part-time status).
  • In addition, PEMCO provides paid time off for bereavement, jury duty, and employee volunteering in the community.

Other miscellaneous benefit programs offered by PEMCO include:

  • Education Assistance Program after one year of service.
  • Scholarship program for children of PEMCO employees after one year of service; children’s birthday gift program
  • Flexible Spending Accounts, Employee Assistance Program, and charitable gift matching
  • Other compensation depending on role, contributions, and performance may include:
  • Discretionary bonuses.
  • Tiered sales commissions and/or incentives

Equal Employment Opportunity:

At PEMCO, we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. PEMCO is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or veteran status.

Accommodations

At PEMCO, people are at the heart of our business. We’re committed to providing an inclusive hiring experience for all candidates. If you need reasonable accommodations to apply for a role or participate in an interview, please contact us by email with your name, the job reference number(s), your preferred contact method, and a brief description of the accommodation needed. Requests are considered on a case by case basis in accordance with applicable disability laws, including the ADAAA.

Applicants have rights under Federal Employment Laws:

  • Family and Medical Leave Act (FMLA) 
  • Equal Employment Opportunity (EEO) 
  • Employee Polygraph Protection Act (EPPA)

Skills Required

  • Graduate or other professional degree, or equivalent work experience
  • At least 5 years of experience in a comparable role with demonstrated command of product management principles
  • Strong understanding of markets and key competitors
  • Ability to determine policy and coverage language strategy and influence underwriting strategy and guidelines
  • Prior leadership experience or demonstrated leadership ability
  • Associate in Claims (AIC) designation from AICPCU/IIA
  • Certified Insurance Counselor (CIC) designation
  • Property and Casualty license
  • Skilled proficiency in Microsoft Excel, Word, PowerPoint, and Outlook
  • Analytical and data-driven approach, including root cause analysis and development of metrics
  • Thorough understanding of the insurance industry, business landscape, growth trends, and insurance environments
  • Proven track record driving and motivating cross-functional teams to implement technology or business projects
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The Company
HQ: Seattle, WA
751 Employees
Year Founded: 1949

What We Do

PEMCO Insurance is the Defender of Your Northwest, providing auto, home, renters and boat coverage. We are consistently recognized for outstanding service, employee expertise and social impact. Our Mutual Good programs raise the achievement levels for youth in education; build stronger, greener environments; and increase safety at home, on the road and at play. Our mission: Free our communities to worry less and live more.

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