Insurance Product Manager

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America.

We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands. 

Independence American Insurance Company (IAIC), a subsidiary of IPH, has over 50 years of underwriting experience and a history of innovation in the pet insurance industry. IAIC has built a reputation as a trusted and dependable partner. We are a pet-focused underwriter with deep insurance industry experience, offering a product with proven consumer appeal. 

Job Location: Remote

Job Summary: As a Product Manager at Independence Pet Holdings, you will play a pivotal role within the Product COE, in optimizing and managing pet insurance products that bring peace of mind to pet owners. Your primary responsibility will be to shape the strategic direction of Product Portfolio management, driving profitable growth through a combination of data insights, market and DOI intelligence, product expertise, and cross-functional collaboration – especially within our MGA network. Our ideal candidate has a strong background in P&C insurance, portfolio management experience, and a proven ability to implement precise, results-driven strategies that enhance financial performance. This role is seen as a key person for strategic influence, driving innovation, setting standards and influencing business direction.

Are you ready to embark on a rewarding career where you can make a real difference? Join our team and let's create a brighter future for pets everywhere.

Main Responsibilities:

• Develop portfolio P&L strategies on our Product offering suite that are specific to the varying state departments of insurance expectations.
• Analyze product and portfolio P&L performance, opportunities, new product performance metrics and initiative results, to lead to influence changes to the Products or strategies themselves.
• Collaborate across teams to create long-term roadmaps optimizing product, state, and operational goals.
• Prioritize product and pricing opportunities based on strategic alignment and key objectives.
• Serve as the key voice of product to assess impacts of prospective changes and their potential impacts.
• Lead portfolio profitability and growth strategies, such as targeting ideal customer segments, within their assigned domain.
• Contributes to development of company objectives & strategies to achieve goals.
• Support new product development and state-specific launches with Product CoE and Administrators.
• Excels in utilizing experience and instincts to bring intangibles into decision making. Seen as subject matter expert of Insurance Portfolio management.
• Build structured data insights from multiple sources to inform strategic decisions.
• Leverage market intelligence tools like S&P Global and Ratefilings.com to shape strategies.
• May manage Product Analyst(s) who support the state strategies and portfolio analysis needs.
• Partners and influences with Actuarial and Underwriting to identify relevant portfolio views, profit opportunities, emerging themes, to improve performance and minimize risk.

Requirements

• Bachelor’s Degree in appropriate field of study or equivalent work experience.
• Must have previous experience in the insurance industry
• Typically requires 7+ years of experience in insurance pricing, underwriting and/or product performance.
• 2+ years of direct Product Management experience preferred.
• Leadership experience preferred.
• Veterinary or Animal Health (dogs and cats) knowledge or experience is highly desirable.
• Ability to collect, analyze, and synthesize data to drive informed product decisions.
• Ability to effectively communicate complex ideas and analysis for internal audiences.
• Ability to manage multiple tasks and adapt to a changing, fast-paced environment.
• Ability to travel up to 10%.

#LI

#carrier

All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:

• Comprehensive full medical, dental and vision Insurance

• Basic Life Insurance at no cost to the employee

• Company paid short-term and long-term disability

• 12 weeks of 100% paid Parental Leave

• Health Savings Account (HSA)

• Flexible Spending Accounts (FSA)

• Retirement savings plan

• Personal Paid Time Off

• Paid holidays and company-wide Wellness Day off

• Paid time off to volunteer at nonprofit organizations

• Pet friendly office environment

• Commuter Benefits

• Group Pet Insurance

• On the job training and skills development

• Employee Assistance Program (EAP)

Interview Technology Notice:

Please note that phone and video interviews or screenings may be recorded and transcribed using interview technology to support our recruitment process.

By continuing with the interview, you consent to this use.

Text Messaging Notice:

If you provide a mobile phone number, you may receive job-related communications via text message. Message and data rates may apply.

You may opt out of text communications at any time by replying “STOP.”