CL Product Manager (Commercial Lines)

Job description

Summary: Under moderate supervision and following standard procedures with some independent judgement, responsible for coordinating the results of the line of business. Responsible for driving top and bottom line results while managing a portfolio of products. Supports the development and communication, in collaboration with the Regions, the product, pricing and underwriting strategies. Monitors and evaluates products in assigned product line, including growth, profitability, competition and regulation. Ensures compliance with regulation. Makes recommendations for on-going product management and product development efforts while coordinating with Underwriting, Actuarial and Claims on various product initiatives regarding product design, pricing, and new product development. Supports major corporate initiatives such as state expansion efforts. Contributes to marketing and sales planning with the Regions. Essential Duties and Responsibilities: 1. Accountable for P&L results of the assigned LOB by: a. Prepares analysis and business recommendations based on in-depth reviews of new and renewal production, loss performance, and rate trends and reports to key stakeholders on LOB and produ...