elopment, installation, and implementation of product development in Professional and Executive Lines (including Technology and Life Sciences). The Product Manager supports the strategic operations as well as the overall profitability, growth and retention of their assigned product line by delivering industry leading, market competitive product offerings.
This role supports key strategic functions pertaining to the assigned line of business, including strategic product development and support, market research and analysis, and product maintenance, delivery, and compliance. The Product Manager will work collaboratively with others on matters related to product, underwriting and compliance, including but not limited to: Business Units, Claim, Legal, Corporate Underwriting, Actuarial, IT and Compliance.
IN THIS ROLE, YOU WILL:
Lead thedevelopment, design and maintenance of Professional and Executive Lines (including Technology and Life Sciences) coverage forms and associated rules across an assigned line of business for both admitted and non-admitted use.
Monitor and analyze regulatory and judicial environment to remain compliant in writing states.
Conduct and monitor market research and competitive analysis efforts for the assigned product and line of business.
Work collaboratively with Business Units and Corporate Underwriting to establish and support line strategies within Business Insurance.
Develop filing strategies and manage State Department of Insurance objections and inquiries as necessary.
WHAT YOU NEED TO APPLY:
Bachelor’s degree required.
3-5 years of Specialty insurance experience with working knowledge and experience in product; or any combination of education and experience, which would provide an equivalent background.
Demonstrates thorough understanding of business insurance products, contracts, forms, coverage, and regulatory environment.
Advanced leadership skills, innovation skills, initiating skills, organization, and time management skills.
Excellent oral and technical writing communication skills as well as attention to detail.
Advanced ability to comprehend and communicate intent of product strategies, underwriting strategies and inter-relationships with coverage.
Strong ability to influence strategic decisions that support corporate goals.
Superior interpersonal skills which align with Hanover’s CARE values.
It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.
We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.
The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”
As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@https://hanover.com and include the link of the job posting in which you are interested.
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