About the role.
We are seeking an analytical, collaborative, and motivated Associate Product Manager to join our State Management team within the Product Management organization. This role supports the development, implementation, and performance oversight of state-specific strategies for our High-Net-Worth personal insurance products. The ideal candidate has a foundational understanding of personal lines insurance, thrives in a cross-functional environment, and is eager to grow their career in product management.
The role is open to remote candidates, but the ideal candidate is located in Chicago, IL, and able to commute to our office 3 days per week.
What you’ll do.
- Support State Strategy: Assist in the development and execution of state-specific product strategies to achieve profitable growth and market competitiveness.
- Performance Monitoring: Analyze, report, and communicate on key performance indicators (KPIs) such as premium growth, loss ratios, indications, retention, and new business conversion for assigned states.
- Rate Plan Execution: Execute on annual rate plan recommendations, including analysis of existing book of business, documentation and filing support
- Cross-Functional Collaboration: Work closely with Underwriting, Claims, Actuarial, Legal, and Marketing teams to execute state-level initiatives and support the full product lifecycle
- Regulatory Support: Contribute to the preparation of required compliance projects including gathering data, preparing state filings, and working in partnership with Regulatory/Compliance, Underwriting, and Actuarial teams to ensure compliance with state-specific guidelines.
- Competitive Intelligence: Conduct market and competitor research to support rate, rule, and form enhancements.
- Voice of the Market: Gather field input from Distribution, Sales, and Customer Experience teams to identify trends and opportunities
- Project Coordination: Help manage initiatives tied to product launches, enhancements, or operational improvements across assigned states.
- Mentor & Training: Participate in education, training, and serving as advisor for members within Product Team
What we’re looking for.
- 5+ years of experience in insurance product management, actuarial science, or related analytical roles preferred.
- Bachelor’s Degree in an analytical field of study such as Economics, Finance, Math, Statistics, or Actuarial Science.
- Excellent analytical, quantitative, and problem-solving skills, with strong attention to detail
- Ability to extract, analyze, organize, visualize, and communicate data to support proposals & decisions
- Excellent verbal and written communication skills, with the ability to contribute to business case development and executive presentations.
- Strong analytical and problem-solving skills; proficiency in Excel and Microsoft Office tools
- Deep knowledge of the P&C industry, competitors, insurance product pricing, financial drivers of profitability; comprehensive understanding of legislative and Department of Insurance regulations
- Interest in high net worth clientele and customized insurance solutions.
- Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- A collaborative mindset and curiosity to learn about product strategy and state-specific nuances.
The base salary for this role can range from $90,000 to $110,000 based on a full-time work schedule. An individual’s ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience.
What We Do
We're a member-owned property and casualty insurer designed exclusively for financially successful families and driven by a purpose of doing what is right for our members. We provide exceptional service, hospitality and care, we partner with our members to help prevent losses and we create smart insurance solutions at fair prices.
We aim for our members to love their insurance. It is our mission is to create a membership experience so compelling that our members never want to leave.
Who We Are
We want to be transparent about what we expect from each other. From PURE, you can expect:
Opportunities to stretch and grow: your professional and personal development matters to us. We’re committed to providing experiences through on-the-job learning and professional development that increase your impact and rewards.
Clarity and kindness: you can rely on us to be open, honest and supportive, offering clarity on what success looks like.
Support in good times and bad: we believe in showing up for each other consistently, not only when it’s easy. You can expect a thoughtful partner, even when we disagree.
A community that cares: we are committed to sustaining a community in which each person feels cared for as an individual. We lift each other up, celebrate wins together and support one another through challenges in work and life.
Who You Are
All of the strongest relationships are a partnership- a two way street. So here’s what we ask of you:
- Aim to bring your best every day: you’re here because you want to be part of a team that makes a real impact and aims high.
- Be a student and a teacher: share your knowledge and talents and be willing to listen and learn from those around you.
- Get comfortable being uncomfortable: we face tough moments and obstacles with a “courage over comfort” approach and a positive, solutions-oriented mindset.
- Be a culture builder: building a positive culture is everyone's responsibility, based on care, respect and openness to diverse perspectives.
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