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Independence Pet Holdings

Product Manager - Senior

Posted 11 Days Ago
Remote
2 Locations
Senior level
Remote
2 Locations
Senior level
The Product Manager will optimize pet insurance products, drive growth through data insights, and collaborate across teams to enhance portfolio performance and profitability.
The summary above was generated by AI

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. 

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. 

The person in this role will be utilizing GLM and other Data Science model outputs to drive strategic insights, product performance 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

Key Responsibilities

  • Develop portfolio P&L strategies on our Product offering suite that are specific to the varying state departments of insurance expectations.
  • Direct collaboration with our MGA Product Teams to take local product ideas, and implement a global Product and profitability viewpoint to maximize opportunities.
  • 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.
  • 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.
  • Utilizes GLM or other Data Science model outputs to inform factor selections, strategic directions or prioritize innovative ideas to pursue.
  • 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
  • Typically requires 7+ years of experience in insurance pricing, underwriting and/or product performance.
  • 2+ years of direct Product Management experience preferred
  • Leadership experience a plus
  • 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.
  • Comfortability with technical tools such as SQL, Snowflake or Databricks for gathering and analyzing data
  • 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%

#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)

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