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Company

Openly · 6 hours ago

Senior Director CW Insurance Product (Remote, US)

United States

Full-time

Remote

Senior Level, Lead/Staff, Director/Executive

$188K/yr - $223K/yr

12+ years exp

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Auto InsuranceCommercial Insurance

No H1B

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Responsibilities

Product Strategy and Development: Formulate and execute a comprehensive product strategy aligned with market trends and company objectives. Lead the end-to-end development process for new insurance product features, from concept to launch.

Strategic Initiatives: Spearhead high-impact projects that drive business growth, improve operational efficiency, and enhance customer experience. Collaborate with cross-functional teams to ensure successful implementation.

Data Analytics and Insights: Oversee the insurance product analytics team in leveraging advanced data analysis techniques to inform product decisions and risk assessment models. Translate complex data into actionable business insights.

Regulatory Compliance: Ensure all insurance products and processes adhere to evolving regulatory requirements across different jurisdictions. Stay abreast of industry regulations and implement necessary changes proactively.

Coverage Forms and Documentation: Direct the development and maintenance of comprehensive, clear, and legally sound coverage forms and policy documentation. Ensure all materials effectively communicate terms, conditions, and benefits to policyholders.

Team Leadership and Development: Manage and mentor a diverse team of product managers, analysts, and specialists. Foster a culture of innovation, collaboration, and continuous improvement.

Stakeholder Management: Build and maintain strong relationships with internal stakeholders (e.g., sales, marketing, claims) and external partners (e.g., reinsurers, regulators) to ensure alignment and support for product initiatives.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Insurance Product DevelopmentData AnalyticsRegulatory ComplianceLeadership ExperienceStrategic ThinkingBusiness AcumenInsurance Industry KnowledgeTeam Management

Required

12+ years of progressive experience in insurance product development and management

A minimum of 5 years in a leadership role managing teams larger than 5-10 people and experience leading people managers

Master's degree in Business Administration, Finance, Insurance, or related field; MBA strongly preferred

Advanced analytical and problem-solving capabilities, with a data-driven approach to decision-making

Excellent leadership skills with experience managing and scaling high-performing teams

Outstanding communication and interpersonal skills, with the ability to influence at all levels of the organization

Strategic thinking with a proven ability to drive transformational change

Proven track record of successfully developing and launching innovative insurance products

Deep understanding of insurance industry trends, emerging technologies, and regulatory landscape

Strong business acumen with the ability to balance product innovation with profitability

Benefits

Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it.

Competitive Salary & Equity

Comprehensive Medical, Dental, and Vision Plan Offerings

Life and disability coverage including voluntary options

Competitive PTO - 20 days and 11 paid holidays (including floating holidays) per year under the Company’s vacation and holiday policies.

Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements (Birthing parents may be eligible for additional leave through STD)

401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.

Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace

Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually. We want each Openly employee to achieve personal and professional success and to feel supported, confident, and informed about improving their efficiency and productivity.

Be Well Program - Employees receive $50 per month to use towards your overall well-being

Paid Volunteer Service Hours

Referral Program and Reward