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This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12197902 Title:

Head of Product Management

Company:

Everest Insurance Company

Job Category:

Underwriting

Job Description:

About Everest:

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

Position Overview:

We are seeking a dynamic and experienced Head of Product Management that will be responsible for overseeing the product lifecycle for our P&C commercial lines insurance products. This role reports into the Chief Underwriting Officer, North America Insurance. Responsibilities include oversight of critical product driven areas of product development, product architecture and product line management - with each area on a mission to ensure we are supporting market demands while delivering on our financial objectives. Ideal candidate will possess a deep understanding of the P&C insurance industry, particularly commercial lines, and have a proven track record of successfully leading product teams.

Key Responsibilities:

Product Development:

• Lead the ideation, development, and launch of new insurance products.
• Collaborate with Underwriting, Actuarial, Claims, and Corporate Underwriting teams to ensure product viability and compliance.
• Manage the product development lifecycle from concept to launch, ensuring timely and successful delivery.
• Liaise with IT and Operations partners to ensure new products are supported in our systems (front-end and back-end).

Strategic Leadership:

• Coordinate closely with Operations, Underwriting, Corporate Underwriting, and Actuarial to ensure Product Goals are aligned based on opportunity and profitability
• Establish product priorities and align product initiatives based on company\'s overall business goals and market opportunities
• Identify and assess new market trends, competitive landscape, and customer needs.

Product Management:

• Oversee the performance of existing products, making data-driven decisions for product improvements.
• Monitor and analyze product metrics, customer feedback, and market trends.
• Drive product enhancements to improve customer satisfaction and profitability.

Team Leadership:

• Build, mentor, and lead a high-performing product management team.
• Provide clear direction, feedback, and professional development opportunities to team members.
• Foster a collaborative and innovative team culture.

Stakeholder Collaboration:

• Work closely with senior leadership to communicate product vision and progress.
• Liaise on product updates and concerns with all relevant internal
• Establish and maintain strong relationships with external partners, vendors, and clients.

Qualifications:

• Minimum of 12 years of experience in product management within the P&C insurance industry, with a
• Bachelor\'s degree in Business, Insurance, or related field focus on commercial lines.
• Proven track record of successfully launching and managing insurance products.
  • Strong leadership and team management skills.
• Excellent analytical, strategic thinking, and problem-solving abilities.
• Exceptional communication and interpersonal skills.
• Proficiency in using product management tools and software.

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Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.

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