Note: The job is a remote job and is open to candidates in USA. Root Inc. is an innovative insurtech company focused on revolutionizing the car insurance industry through technology and data. As an Associate State Product Manager, you will monitor and optimize business operations in various markets, customizing product offerings to meet regulatory and business needs.
Responsibilities
- Drive results - develop, enhance and maintain the auto product in assigned states; methodically set rate levels, customize franchise products, inform underwriting decisions, manage state idiosyncrasy, and pursue project timelines to achieve profitable growth
- Analyze performance - develop reporting and maintain awareness of key performance indicators as they develop in assigned states, escalating concerns and recommending adjustments as required; provide and socialize analytical expertise across the broader state management team
- Navigate the competitive landscape - understand emerging market trends, competitor products, customer needs, and regulatory requirements
- Manage external relationships - manage relationships with Departments of Insurance and other stakeholders during filings, market conduct exams, and as we refine and advance our insurance products
- Collaborate across organization - establish relationships with marketing, claims, underwriting, and distribution teams to ensure productive outcomes for those functions within assigned markets; keep key stakeholders informed regarding status of notable initiatives
Skills
- Bachelor's degree in Business, Finance, Economics, or a related field; professional designations related to insurance are a plus
- Hands-on experience with analytical techniques to assess data, identify trends, and provide actionable insights; familiarity with SQL-based data analysis preferred
- 3+ years of experience in the insurance industry, preferably in product management, underwriting, analytics or a related role within personal lines insurance
- Relentless focus on business outcomes
- Mental flexibility to understand and leverage Root's data-science-driven and technology-forward culture
- Ability to communicate effectively across functions, concisely summarizing conclusions from technical analysis
- Thrives in a fast-paced work environment, prioritizing and executing on the most critical projects
Benefits
- Bonus & LTI Eligible
- Root is a “work where it works best” company. Meaning we will support you working in whatever location that works best for you across the US.
Company Overview
Root Inc. is disrupting the archaic, trillion-dollar insurance industry. It was founded in 2015, and is headquartered in Bloomington, Indiana, USA, with a workforce of 1001-5000 employees. Its website is https://www.root.com.