Regional Product Manager

Company: Donegal Insurance Group
Location: Marietta
Posted on: August 7, 2022

Job Description:

Job DescriptionCompany OverviewDonegal Insurance Group is a regional property-casualty insurance company doing business in 24 states, headquartered in Marietta, PA, with 4 regional offices located in Athens, GA, Grand Rapids, MI, Albuquerque, NM and Glen Allen, VA.Donegal offers a broad range of personal and commercial insurance products sold exclusively through our network of independent agents. We are committed to the independent agency system and proud of the company's heritage, which spans over 130 years. Donegal's strong financial foundation and successful operating strategies have earned the company a rating of 'A' (Excellent) by the A.M. Best Company, the nation's leading insurance rating organization.Job SummaryThe Regional Product Manager will be responsible for the performance of commercial lines products in the assigned region. Ideal candidates should be able to analyze and monitor critical company and industry metrics to develop business strategies to ensure consistent financial performance.Responsibilities and Duties

• Use data led insights to develop strategy and provide guidance to underwriting and marketing, through the following activities:
  • Monitoring loss ratio, retention, new business, quote volumes, and expenses – by coverage and class.
  • Actively monitoring competitor filings and summarize rate levels, rating structures, and coverage features
  • Understanding the unique coverages in assigned states (e.g. UM, PIP, individual workers compensation coverage elections, etc.) and how regulatory changes may impact them
  • Utilize bureau filings and information to help understand pricing trends in the market place
  • Regular communication with regional marketing and sales staff to gain information and perspective on what they are seeing in the agents' offices
  • Participate in the annual business planning process.
  • Effectively communicate and collaborate with underwriting, marketing, enterprise analytics and information services.
  • This is a professional level position and the employee may need to work additional hours to complete various projects
  • Adhere to all Federal, State, and Local laws and regulations
  • Comply with policies and directives outlined in the company handbook
  • Other duties as assignedQualifications and Skills
    • Bachelor's Degree or equivalent experience
    • Five (5) years of product development, commercial lines underwriting or commercial lines rate making experience
    • CPCU Designation preferred
    • Strong analytical skills
    • Strong interpersonal skillsBenefitsDonegal Insurance Group offers a comprehensive benefits package for all full-time, permanent positions. Learn more about our benefit offerings by visiting our Benefits page.Additional InformationDonegal Insurance Group participates in E-Verify in the following states: Alabama, Arizona, Georgia, Louisiana, Mississippi, Nebraska, North Carolina, South Carolina, Tennessee, and Utah. If you reside in one of the listed states, please review the "Notice of E-Verify Participation" and the "Right to Work Poster" on the links below:
      • Notice of E-Verify Participation Poster (English and Spanish)
      • Right to Work Poster (English and Spanish)Powered by JazzHR0hxIMYaR1G

Keywords: Donegal Insurance Group, Reading , Regional Product Manager, Executive , Marietta, Pennsylvania