Selective Insurance · 21 hours ago

Personal Lines State Manager-(Remote)

Utah, United States

Full-time

Remote

Mid, Senior Level

$116K/yr - $167K/yr

5+ years exp

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Responsibilities

Responsible for the profit and loss for a given line of business and/or state and the rate review process for assigned states and lines of business.

Collaborate with Marketing, Underwriting and Actuarial to understand market nuances. Perform detailed analysis for state reviews, to include competitive position, loss experience, mix of business, competitor business results and program changes. Achieve target due dates for filings.

Submit information to State Filings, IT, Legal, Underwriting, Marketing and/or Claims in order to implement a given rate, product or guideline change.

Respond to state insurance department objections and ensure that filings are approved on time in order to achieve the rate change schedule.

Provide communication to Agencies, Marketing, Underwriting and/or Claims for all rate and product changes; coordinate rate and product changes IT.

Develop complete requirements and signoff of Business Requirements and Systems Requirements documents.

Develop, analyze, and provide market insight for state or agency reviews for assigned states and lines of business.

Identify and communicates areas of adverse results, market opportunity and the combination of retention, production and storefronts needed in order to ensure growth targets in a given state and line of business.

Monitors and acts on business results to achieve target combined ratio.

Research and analyze competitor rating plans to identify opportunity for leveraging various aspects of their plans to achieve growth and profitability results.

Partner with leadership in appropriate business areas to design, refine and implement new or update existing rating plans.

Collaborate with Personal Lines Product Development in order to ensure that regulatory and compliance changes are most effectively implemented in assigned line of business and state.

Support SBU areas by providing additional analysis and insights into business results, competitive landscape and competitive position.

Able to analyze large datasets, and be able to efficiently combine and interpret data. Includes leveraging external data (such as InsureQuote, EZ Lynx and PL Rating data) and internal query tools.

Design and implement improvements in existing analysis and measurements.

Create and provide educational materials and training programs for agents, marketing and underwriting to ensure thorough understanding of rate plan, product, underwriting guideline changes and related systems changes.

Presents changes to key stakeholders. Manages change from research and design to post implementation analysis.

Identify and analyze vendors in order to identify and include additional variables for us in rating.

Coordinate data append and analysis of results.

Recommend use for data depending on outcome of analysis.

Qualification

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Technical UnderwritingISO Circulars KnowledgeData AnalysisExcelCognosSQLInsureQuotePower BIProduct ManagementRisk ManagementProduct DevelopmentIndependent ResearchProactive InitiativeProject Management