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The Hartford

Assistant Director, Small Commercial Product Management - Central Division (Remote Opportunity)

Remote

AD Product Management - EM07CE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

The Small Commercial Product Manager has profit and growth responsibility for an assigned geographic region. They are ultimately responsible for creating and executing the local market strategy for their region, determining the key priorities for their geography.

The product manager is accountable for alignment across sales, underwriting, actuarial, and other key stakeholders in the organization around the local market strategy. The product manager is intimately involved in setting prices, designing product features, adjusting underwriting guidelines, along with direct input into underwriting practices, commission strategies, sales strategies, and other related areas of the business.

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This role reports to a Product Director within the State Product Management team, with regular exposure to additional senior leaders in the organization.

Responsibilities:

  • Accountable for achieving / exceeding profit and growth targets in assigned territory within Central Division (AR, CO, IA, KS, LA, MO, NE, NM, OK, TX)
  • Develop strategic vision and tactical plan that will profitably expand market share within assigned geography with particular emphasis on property and catastrophe management
  • Work closely with sales, underwriting, actuarial, ERM, and other key business partners to develop and execute local market strategies, ensuring alignment and clarity of vision across the organization.
  • Remain grounded in geography-specific data so that shifts in competitiveness and profitability are well anticipated
  • Go beyond immediate state responsibilities to drive best practices and innovation across organization, particularly with respect to business unit-wide catastrophe management strategy across all perils

Qualifications:

  • Bachelor's Degree in a quantitative field of study such as Economics, Finance, Business Analytics, Statistics, or Mathematics is highly recommended.
  • Masters in a quantitative field and/or MBA preferred, but not mandatory.
  • Ideal candidate will possess insurance product management experience, or professional P&C insurance industry experience evaluating product, pricing, research and/or underwriting of at least five years.
  • Effective communication skills paired with an ability to influence key business stakeholders.
  • Strong technical skills. Ability to work with larger data sets and develop analytical insights. Experience with actuarial concepts and commonly used Catastrophe Models such as AIR or RMS strongly preferred.
  • Solutions-oriented individual, with ability to think strategically and implement change, including by coaching and/or leading analysts.
  • Ability to plan for the long-term while balancing the short-term needs of the organization.
  • Exceptional analytical and critical thinking skills, with thorough attention to detail.
  • Excellent organizational, documentation, and problem solving skills.
  • Drive-for-results mentality, with ability to multi-task and make decisions in a business context.
  • Ability to develop immediate credibility in unfamiliar environments; including agency partners, affinity prospects, regulators, senior leaders, and cross functional project teams.
  • Ability to drive alignment between key business partners towards the common goal of profitable growth at a local market level.
  • Negotiation skills to resolve differences while maintaining positive working relationships.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$99,760 - $149,640

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

Job ID: hartford-R2416455
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA With Employer Contribution
    • HSA With Employer Contribution
    • On-Site Gym
    • Mental Health Benefits
    • Virtual Fitness Classes
    • Fitness Subsidies
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Hybrid Work Opportunities
    • Remote Work Opportunities
    • Flexible Work Hours
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • On-Site Cafeteria
    • Company Outings
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Learning and Development Stipend
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program