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SafeLease · 2 weeks ago

Commercial Insurance Risk & Pricing Manager

United States

Full-time

Remote

Mid Level

3+ years exp

SafeLease builds and sells insurance products for commercial property owners, focusing on the self-storage industry while expanding into other sectors. The Commercial Insurance Risk & Pricing Manager will lead the optimization and management of insurance products, collaborating with various teams to drive product innovation and profitability.

Insurance

H1B Sponsor Likely

Responsibilities

Refine insurance products based on market research, customer insights, and competitive analysis

Define product roadmaps and work with cross-functional teams to bring new products and coverage features to market

Monitor industry trends and regulatory changes to ensure compliance and competitiveness

Refine pricing models that balance risk and profitability

Analyze claims data, model cat losses, and underwriting performance to refine pricing strategies, rating factors, and underwriting rules

Maintain and update underwriting guidelines and practices

Conduct research to identify customer needs, market trends, and competitive positioning

Recommend product enhancements and new opportunities based on data-driven insights

Work closely with sales to fully understand customer needs and ensure product has sufficient features and pricing to be competitive in the market

Work closely with underwriting, sales, legal, marketing, and technology teams to ensure successful product launches

Provide training and support to sales teams to effectively position and sell products

Ensure all products comply with non-admitted insurance regulations and company policies. Conduct independent research of state statutes where required

Work with legal resources and carrier personnel to obtain necessary approvals for coverage and forms changes

Track and monitor key performance metrics, including conversion rate, quote cycle time, claims experience, profitability, PML and aggregation

Adjust product features and pricing as needed to optimize performance

Qualification

Insurance product managementData analysisPricing strategiesExcel skillsSQL skillsUnderwriting knowledgeActuarial principlesPython programmingCat modeling experienceCommercial lines experienceStakeholder managementCommunicationStrategic thinking

Required

Bachelor's degree in Engineering, Sciences, Business, Finance, Insurance, Actuarial Science, or a related field. Relevant work experience and demonstrated skills can substitute for formal education

3+ years of insurance product management and/or analytics within the insurance industry (property & casualty or specialty insurance)

Strong Excel skills required

Strong understanding of underwriting, coverages, actuarial principles, and regulatory requirements

Experience in data analysis, pricing strategies, and risk assessment

Excellent communication and stakeholder management skills

Ability to think strategically while managing day-to-day operational details

Preferred

Python or other programming language and SQL skills are preferred

Cat modeling experience is plus

Experience in commercial lines or specialty insurance is a plus

Benefits

Unlimited PTO

Full health benefits

Flexible work setups

Company

SafeLease

SafeLease specializes in self-storage tenant protection.

Founded in 2021

Austin, Texas, USA

51-200 employees

https://www.safelease.com/

H1B Sponsorship

SafeLease has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2023 (1)