Insurance Senior Product Manager jobs in United States
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Porch Group · 2 months ago

Insurance Senior Product Manager

Porch Group is a leading vertical software and insurance platform focused on helping homebuyers protect their homes. The Sr. Product Manager will manage profitable growth by implementing new products and pricing strategies, while collaborating with various teams to ensure compliance and customer satisfaction.

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Responsibilities

Customize actions for the complex eastern markets to ensure the successful implementation of new product, pricing, and underwriting actions for profitable growth
Identify detailed market dynamics and implement actions with your functional partners to drive profitable growth from those insights
Develop strategic roadmap for product manager business levers along with detailed processes for the business levers
Develop product managers within the eastern region to go deep to win within their markets to drive detailed outcomes for profitable growth
Maintain loss ratio discipline and risk tolerance while achieving growth in assigned market
Ensure forecasts and business objectives account for current and likely market conditions
Develop a Risk Management tools and strategy that can drive growth in this large eastern Independent Agency market
Ensure effective management of catastrophe risk and concentration risk as we achieve growth objectives and develop pricing component that adjusts as new business changes concentration
Analyze and understand key competitors and competitor strategies in your markets. Share and utilize this information to develop effective initiatives with organization partners
Build out additional competitive intelligence information and tools as needed
Regularly report on product performance and make data-driven decisions to optimize results
Recommend KPIs and metrics to improve product performance tracking
Ensure all products meet the needs and expectations of customers. Incorporate customer feedback into product development and improvement
Work closely with the underwriting, marketing, sales, IT, and operations teams to ensure cohesive and effective product initiatives
Identify and develop cross-functional processes that improve regional team dynamics while creating both efficiency and effectiveness

Qualification

Product ManagementInsurance Industry ExperienceFinancial AcumenRisk ManagementAnalytical SkillsRegulatory KnowledgeLeadership SkillsCustomer FocusCross-Functional CollaborationCommunication SkillsCreative Thinking

Required

Bachelor's degree; Business, Marketing, Finance, Actuarial or a related field; MBA or advanced degree preferred
Minimum of 12+ years of experience in product management, actuarial, finance or related roles within the insurance industry (minimum 5+ in homeowners insurance)
Minimum of 8+ years of management experience
Experience working with Senior Leadership and partnering on strategic initiatives
Experience across multiple customer segments: Preferred, Standard, Non-standard
Proven track record of successful product launches and strategic initiatives
Deep understanding of personal lines insurance and reinsurance, including trends, regulations, and competitive landscape
Strong leadership and team management skills. Ability to inspire and drive cross-functional teams towards common goals
Excellent analytical and problem-solving abilities. Proficiency in using data to drive strategic decisions
Exceptional verbal and written communication skills. Ability to translate complex issues clearly to partners and stakeholders
Creative thinker with a passion for innovation and continuous improvement
Financial Acumen
Regulatory Knowledge
Customer Focus

Benefits

Long-term incentive awards
Annual bonus based on individual and company performance
Three (3) Medical plan options
Two (2) Dental plan options
Vision plan
Critical Illness, Hospital Indemnity and Accident plans
Health Savings Account
Flexible Savings Accounts including healthcare, dependent care, and transportation savings options
Company paid Basic Life and AD&D
Short and Long-Term Disability benefits
Voluntary Life and AD&D plans
Traditional and Roth 401(k) plans
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LifeBalance
Flexible paid vacation
Company-paid holidays of typically nine per year
Paid sick time
Paid parental leave
Identity theft program
Travel assistance
Fitness and other discounts programs

Company

Porch Group

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Porch Group is a vertical software platform for residential environments.

Funding

Current Stage
Public Company
Total Funding
$782.85M
Key Investors
Wellington ManagementRunway Growth CapitalValor Equity Partners
2025-05-19Post Ipo Debt· $134M
2023-04-17Post Ipo Debt· $333M
2022-04-15Post Ipo Equity· $4M

Leadership Team

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Matt Ehrlichman
Founder, CEO
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Jake Cooney
Design Director and Co-founder
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Company data provided by crunchbase