Porch Group · 15 hours ago
Product Manager
Home ImprovementHome Services
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Responsibilities
Product Implementation
Ensure the successful implementation of new product, pricing, and underwriting actions at a state and national level.
Profitable Growth Management – Financial Oversight
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.
Risk Management
Ensure effective management of catastrophe risk and concentration risk as we achieve growth objectives.
Competitive Intelligence
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.
Performance Monitoring
Regularly report on product performance and make data-driven decisions to optimize results.
Recommend KPIs and metrics to improve product performance tracking.
Customer Focus
Ensure all products meet the needs and expectations of customers. Incorporate customer feedback into product development and improvement.
Cross-Functional Collaboration
Work closely with the underwriting, marketing, sales, IT, and operations teams to ensure cohesive and effective product initiatives.
Develop holistic solutions to
Regulatory Compliance
Ensure all products comply with relevant regulatory requirements and standards.
Process Design
Identify and develop cross-functional process improvements that improve both efficiency and effectiveness.
Qualification
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Required
Bachelor’s degree; Business, Marketing, Finance, Actuarial or a related field; MBA or advanced degree preferred, or equivalent experience.
Minimum of 10+ years of experience in product management, actuarial, finance or related roles within the insurance industry (minimum 5+ in homeowners' insurance).
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
Our traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose.
Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis.
We offer pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options.
We provide company paid Basic Life and AD&D, Short and Long-Term Disability benefits.
We also offer Voluntary Life and AD&D plans.
Both traditional and Roth 401(k) plans are available with a discretionary employer match.
Headspace is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation.
Brio Health is another employer paid wellbeing tool that offers quarterly wellness challenges and prizes.
LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more.
Our wellness programs include flexible paid vacation, company-paid holidays of typically nine per year, paid sick time, paid parental leave, identity theft program, travel assistance, and fitness and other discounts programs.
Company
Porch Group
Porch Group is a vertical software platform for residential environments.
Funding
Current Stage
Public CompanyTotal Funding
$648.85MKey Investors
Wellington ManagementRunway Growth CapitalValor Equity Partners
2023-04-17Post Ipo Debt· $333M
2022-04-15Post Ipo Equity· $4M
2021-10-01IPO
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