Insurance Product Manager Resume Samples

An Insurance Product Manager develops, manages, and enhances insurance products offered by insurance companies. Typical daily activities are mentioned on the Insurance Product Manager Resume as – conducting market research to identify customer needs and preferences, analyzing competitor offerings, collaborating with various stakeholders such as underwriters, actuaries, and marketing teams to conceptualize and design new insurance products, overseeing the entire product lifecycle, from initial ideation and development to launch and ongoing monitoring.

Becoming an Insurance Product Manager typically requires a bachelor’s degree in business administration, finance, or economics. Advanced degrees in insurance, product management, or a relevant disincline may be advantageous. candidates should possess the ability to interpret market trends, financial data, and customer insights to inform product strategies and decisions; excellent communication and interpersonal skills, attention to detail, and project management skills. A deep understanding of insurance principles, regulations, and industry trends is also crucial for developing competitive and innovative insurance products.

 

Insurance Product Manager Resume example

Insurance Product Manager Resume

Objective : As an Insurance Product Manager, partnered with actuarial and underwriting experts to work on the development of coverage, pricing levels, and eligibility requirements, and collaborated with the Insurance Operations team to facilitate regulatory approval for new features such as rate changes or product enhancements and work closely with the Product team to implement them.

Skills : Product Development, Market Analysis

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Description :

  1. Researched market trends and competitor actions and made relevant recommendations to profitably grow the car business.
  2. Gathered product specification documents to identify project requirements.
  3. Measured the impact of product changes, and ensure the implementation matched what was planned.
  4. Managed ongoing product performance, monitoring results and performing maintenance.
  5. Managed technical products or online services.
  6. Acted as the insurance subject-matter expert and advised internal teams on potential risks and coverage requirements for company initiatives.
  7. Collaborated with underwriting and actuarial teams to establish competitive pricing models for new insurance products.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Executive
Education
Education
MFin


Insurance Product Manager Resume

Objective : As an Insurance Product Manager, responsible for conducting competitor analysis and recommended product refinements, contributing to an increase in market share. Responsible for supporting senior management in contract negotiations with two major vendors, achieving cost savings.

Skills : Risk Assesment, Regulatory Compliance, Data Analysis, Project Management

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Description :

  1. Conducted market discovery through research relating to the competitive landscape, industry trends, and emerging technology in assigned states affecting your product area.
  2. Worked closely with business intelligence, pricing, data science, and design research to understand the internal book profile of your product area and define your target customer.
  3. Partnered with underwriting operations, legal, and the security and compliance team to understand the legal and regulatory requirements of your product in assigned states.
  4. Owned the PL performance of the product and drove its profitability. 
  5. Established, communicated, and executed product strategies aligned with corporate objectives that drive profitable growth in your assigned states.
  6. Tracked record of cross-functional product development in an insurance context.
  7. Understood and worked with techunderwriting teams, challenged the status quo, and dealt with complex problems in a structured and logical manner.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Executive
Education
Education
B.S. in IT


Insurance Product Manager Resume

Summary : As an Insurance Product Manager, regularly conducted performance reviews to ensure optimal solution functionality. Responsible for conducting in-depth analysis of market trends, customer needs, and competitor activities to inform product strategy.

Skills : Pricing Strategy, Customer Insights, Risk Assessment, Regulatory Compliance

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Description :

  1. Responsible for developing and executing strategic plans that resulted in an annual growth in revenue for insurance products.
  2. Responsible for collaborating cross-functionally to define product specifications, driving the successful launch of three new insurance products within the first year.
  3. Responsible for monitoring and improving the performance of existing insurance products.
  4. Responsible for managing and negotiating contracts with five external partners, leading to enhanced product features and a 10 increase in customer satisfaction.
  5. Responsible for providing comprehensive product training and presentations to over internal and external stakeholders.
  6. Responsible for assisting in the development of annual strategies that resulted in a growth in insurance product sales.
  7. Responsible for utilizing analytical tools to monitor sales and performance metrics.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
BS Finance

Insurance Product Manager Resume

Headline : As an Insurance Product Manager, tracked partner onboard process for insurance reporting, built and analyzed cost/benefit scenarios and business cases, and communicated results throughout the organization.

Skills : Data Analysis, Innovation, Market Research, Risk Assessment

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Description :

  1. Acted as a product owner of the insurance segment, which covers a number of rating and review categories, and be in charge of optimizing existing categories.
  2. Analyzed key metrics to understand program performance.
  3. Presented findings to management and key stakeholders on a weekly and monthly basis.
  4. Collaborated with product management to make product and business decisions using data-driven insights and analyze the impact of product changes.
  5. Collaborated with the UXDesign, editorial, SEO, production and development teams to explore opportunities to improve user experience.
  6. Collaborated with other functional areas to develop quality standards, strategy tactics and systems for monitoring performance for all insurance transactions.
  7. Provided expert input into product development activity, supporting competitor analysis and market intelligence.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Executive
Education
Education
BBA

Insurance Product Manager Resume

Summary : As an Insurance Product Manager, researched, specified key features of and ultimately designed new insurance solutions, incl. value proposition, target customer group, pricing mechanisms, compensation options & claim mechanisms.

Skills : Financial Acumen, Communicational Skills, Regulatory Compliance, Data Analysis, Claims Management

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Description :

  1. Designed the end-to-end customer journey for a new insurance solution and translated this into development requirements.
  2. Considered feedback and trends from both clients and their partners, as well as conducted appropriate research activities to generate customer insights thereby constantly evolving our insurance solutions portfolio and tailoring it to our client's needs.
  3. Developed and owned solution development roadmap based on inputs from distribution partners, customers, and business priorities.
  4. Worked with other teams to get the relevant inputs for insurance solutions.
  5. Worked with our clients to optimize existing insurance solutions constantly (engaging in AB testing).
  6. Analyzed, prioritized, and communicated customer and partner solution business requirements.
  7. Developed and implemented pricing strategies that balance competitiveness with profitability, taking into account market conditions, risk factors, and regulatory requirements.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
BA Economics

Insurance Product Manager Resume

Summary : As an Insurance Product Manager, supported insurers and brokers during the complete lifecycle of their transformation projects - from ideation to implementation and maintenance, identified and evaluated new insurance products and the companys ability to administer and profit from these without increasing risk.

Skills : Problem Solving, Market analysis, Leadership.

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Description :

  1. Reviewed existing insurance products to determine what new additions to make or what to remove to balance reduced risk with increased customer satisfaction.
  2. Liaised with professionals who conduct market research, risk analysis and other key data processes to obtain the information necessary to make good product decisions.
  3. Liaised with compliance professionals to ensure new insurance products satisfy existing requirements and to make the necessary changes to existing products in new markets.
  4. Identified opportunities and threats in the market and create strategies to help the company overcome them.
  5. Developed insurance byproducts for the company, such as customer apps or employee work systems.
  6. Articulated the complex balance between risk management and product development in your resume can be challenging. 
  7. Tracked record of collaborating with cross-functional teams, including actuarial, underwriting, marketing, and sales to achieve product objectives.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
B.S. in Finance

Insurance Product Manager Resume

Summary : As an Insurance Product Manager, applied expertise to producing and/or improving the outputof the different services, developed technical & digital educational and training programs, including webinars for Insurance and Bank Partners.

Skills : Strategic thinking, Agile skills, Project Management, Customer Insights

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Description :

  1. Worked directly with Operations, and Marketing with support from Product Line Manager, EB Supervisors, and Managing Directors.
  2. Ensured timely and accurate vetting and submission of all One Digital small group leads internally and externally generated.
  3. Oversaw and managed small group override and bonus programs to ensure optimal performance, including shared override bonus agreements with Digital.
  4. Took road shows to the field to introduce and promote the One Digital program, new products, services, and opportunities.
  5. Participated in regular sales and service meetings, and provided sales activity management tools based on best practices.
  6. Oversaw the development, implementation, and management of insurance products within an insurance company. 
  7. Conducted market research, analyzed customer needs and trends, and collaborated with actuaries, underwriters, and marketing teams.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
BA Economics

Insurance Product Manager Resume

Objective : As an Insurance Product Manager, measured and communicated results; use this information to make recommendations to improve initiatives, performed complex insurance, financial, and economic research/analysis in collaboration with product management, underwriting, claims, actuarial.

Skills : Carries a highly focused sales demeanor, Creating a product's vision, Market Research, Risk Assessment, Regulatory Compliance, Data Analysis

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Description :

  1. Created and maintained a schedule to audit all fulfillment kits annually.
  2. Contributed to and lead strategies including new initiatives and development of best practices.
  3. Managed the day to day running of the insurance portfolio, incorporating relationship management and monitoringgovernance of our insurance partner.
  4. Developed and implemented the strategy and tactics for insurance to ensure that growth targets are met, factoring in impacts across the retail bank.
  5. Developed and maintained all internal and client facing marketing materials (including website) to drive awareness of Insurance and Protection concepts.
  6. Maintained existing product (including perform due diligence of Insurance partners).
  7. Supported sales team in Insurance sales activities including problem solving.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Executive
Education
Education
BBA

Insurance Product Manager Resume

Summary : As an Insurance Product Manager, developed scalable solutions, knowing that solutions may be small in early stages but will grow exponentially once launched, understood importance of digitization in a non-digitized insurance industry and drive tech integration into solutions.

Skills : Direct and develop team members, Communicational Skills, Product Launch, Stakeholder Management, Sales Strategy

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Description :

  1. Assessed situations and drive towards solutions that are both compliant and meet internal business customer needs.
  2. Challenged the world around you to find innovative solutions. You enjoy disrupting the status quo and making real, positive business and customer impacts.
  3. Thrived on change, pace, action and accountability, and can adjust to changing priorities.
  4. Managed simultaneous projects with process improvement as a primary objective.
  5. Understood, created, tracked and managed various reports related to logistics with an emphasis on trucking.
  6. Navigated Microsoft Excel produce formulas from sheet to sheet. This candidate will need to be well versed in all of the functionality of Excel and proficient in math.
  7. Audited premium submissions by broker to ensure accuracy.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
BS Actuarial

Insurance Product Manager Resume

Summary : As an Insurance Product Manager, developed and executed strategic and tactical plans on new and expanding insurance programs for third party Middle Mile operations, owned and drove awareness of total costs of managed programs including brokers, insurers, claims administration and loss costs.

Skills : Product Management, Administrative Skills, Claims Management, Technical Proficiency

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Description :

  1. Drove financial rigor and program transparency by implementing monthly and quarterly reports, enabling metrics-driven decisions.
  2. Guided and supported loss prevention initiatives to ensure an open, proactive, and effective safety culture.
  3. Developed insurance program options, proposals, and recommendations for presentation to senior leadership.
  4. Understood the complexities of local insurance regulations, but sought to invent global solutions where appropriate.
  5. Monitored industry trends and competitor activities to inform product development and positioning.
  6. Developed comprehensive product documentation, including policy wording and marketing materials.
  7. Implemented customer feedback loops to inform future product enhancements and innovations.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
MIM