Personal lines insurance Trenton nj

 Experience level: Mid-senior Experience required: 5 Years Education level: Bachelor’s degree Job function: Finance Industry: Insurance Compensation: $121,000 - $150,000 Total position: 1 Relocation assistance: No Visa sponsorship eligibility: No

OVERVIEW:




The Personal Lines State Management team drives profitable growth for personal auto, home and umbrella products across our five-state footprint.

In this product management role, you are responsible for developing and executing product and pricing strategies for your assigned states.

RESPONSIBILITIES:




Drive premium growth and profitability for assigned states

Develop both short and long-term rate change/project roadmaps for each product

Stay current on industry developments and trends, competitor actions as well as the regulatory environments

Lead premium growth, profit improvement and customer experience enhancement projects

Develop strong working relationships with Actuarial, Underwriting, Claims, Contact Center, BP&A (Finance), Marketing and Business Process (BPU)

Lead State Team comprised on actuarial and business insights analysts to successfully execute the state(s)’ strategic product/pricing plan

Prepare and present rate changes, project work and MOM updates to the Executive Leadership Team (ELT)

Work in partnership with BP&A to develop the annual financial plan and forecasts

QUALIFICATIONS:




Minimum 4-year college degree or equivalent; Mathematics, Statistics, Actuarial, Data Analytics, Economics, Finance or other quantitative business degree preferred

Minimum 3–5-year work experience in a role such as actuarial or insurance product analytics with increasing responsibilities including 1 to 2 successful years as an entry level state manager

Strong data analytics capabilities along with a natural problem-solving curiosity

Advanced Excel and database skills; competent in other MS Office software

Committed to continuously learning, product management skills, technology, etc.

Excellent and effective verbal and written communication and presentation skills

ABOUT NJM: Founded in 1913,is a regional property and casualty insurer with a national reputation for auto claims satisfaction. NJM offers Auto, Homeowners, Renters, Condo, and Umbrella insurance to individuals in Connecticut, Maryland, New Jersey, Ohio, and Pennsylvania.




also offers Workers’ Compensation, Commercial Auto, Commercial Package and Businessowners insurance to businesses in Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania.



's mission is to provide value-based insurance solutions for the benefit of our policyholders while maintaining the highest levels of service, integrity, and financial stewardship.