Liberty Mutual Insurance
Senior Product Manager, Financial Lines
Liberty Mutual Insurance, Chicago, Illinois, United States, 60290
Be among the first 25 applicants.
Pay range Base pay range: $81,000.00/yr - $322,000.00/yr
Description The Senior Product Manager Financial Lines will be responsible for Product Development, Maintenance, Drafting (subject to Claim and Legal Review), Coverage Training, Guideline Creation, Filing Strategy/Objection Handling, and Producer Engagement for multiple Financial Lines Products with a focus on Management and Professional Liability lines for Financial Institutions.
The Senior Product Manager will:
Manage all phases of the Product Development lifecycle for assigned products on behalf of the profit center from product design to drafting, internal review, filing, training, guidance, and system deployment.
Build efficient workflows, underwriting, and coverage guidance for assigned products to position the book for the optimal portfolio mix of business.
Ensure connectivity with the claim and actuarial teams to effectuate model profit center for real-time feedback loops and agility.
Responsibilities
Maintain competitive edge by reviewing competitor filings, responding to new coverage offerings, and equipping underwriters with saleable talking points around benefits of coverage.
Support large deal/account transactions in coverage negotiations, providing tailored solutions and articulating intent.
Enable producer panels through market‑leading coverage provisions that strengthen our brand, market presence, and share.
Participate in and represent the profit center in global risk management initiatives including emerging risk committees and coordinating global offerings.
Drive retirement of older products that no longer need support.
Create coverage content for internal and external consumption demonstrating thought leadership.
Manage producer requests to use proprietary products in distribution channels, providing thoughtful coverage leadership.
Qualifications
Degree in Business or equivalent typically required.
Minimum of 10 years progressive underwriting experience, including at least 4 years proven underwriting management experience (preferred).
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate high‑impact underwriting risks.
Expert‑level communication of complex analyses and information.
Effective communication and interpersonal skills with internal and external partners required.
Strong leadership, development of people, strategic thinking, portfolio management, decision‑making, results‑oriented, innovative, problem‑solving, coaching and mentoring, and negotiating skills.
About Us The typical starting salary range for this role is determined by skills, experience, education, certifications and location. It reflects the competitive labor market value for employees across the national market and provides an opportunity to progress. Some roles may include commission and/or bonus earnings.
As a purpose‑driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long, meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to enable professional and personal success.
We value your hard work, integrity, and commitment. To learn more about our benefits: https://LMI.co/Benefits.
Equal Opportunity Employer Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination based on race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran’s status, pregnancy, genetic information or any basis prohibited by law.
Fair Chance Notices
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
#J-18808-Ljbffr
Pay range Base pay range: $81,000.00/yr - $322,000.00/yr
Description The Senior Product Manager Financial Lines will be responsible for Product Development, Maintenance, Drafting (subject to Claim and Legal Review), Coverage Training, Guideline Creation, Filing Strategy/Objection Handling, and Producer Engagement for multiple Financial Lines Products with a focus on Management and Professional Liability lines for Financial Institutions.
The Senior Product Manager will:
Manage all phases of the Product Development lifecycle for assigned products on behalf of the profit center from product design to drafting, internal review, filing, training, guidance, and system deployment.
Build efficient workflows, underwriting, and coverage guidance for assigned products to position the book for the optimal portfolio mix of business.
Ensure connectivity with the claim and actuarial teams to effectuate model profit center for real-time feedback loops and agility.
Responsibilities
Maintain competitive edge by reviewing competitor filings, responding to new coverage offerings, and equipping underwriters with saleable talking points around benefits of coverage.
Support large deal/account transactions in coverage negotiations, providing tailored solutions and articulating intent.
Enable producer panels through market‑leading coverage provisions that strengthen our brand, market presence, and share.
Participate in and represent the profit center in global risk management initiatives including emerging risk committees and coordinating global offerings.
Drive retirement of older products that no longer need support.
Create coverage content for internal and external consumption demonstrating thought leadership.
Manage producer requests to use proprietary products in distribution channels, providing thoughtful coverage leadership.
Qualifications
Degree in Business or equivalent typically required.
Minimum of 10 years progressive underwriting experience, including at least 4 years proven underwriting management experience (preferred).
CPCU or professional insurance designation preferred.
Proven analytical ability to evaluate high‑impact underwriting risks.
Expert‑level communication of complex analyses and information.
Effective communication and interpersonal skills with internal and external partners required.
Strong leadership, development of people, strategic thinking, portfolio management, decision‑making, results‑oriented, innovative, problem‑solving, coaching and mentoring, and negotiating skills.
About Us The typical starting salary range for this role is determined by skills, experience, education, certifications and location. It reflects the competitive labor market value for employees across the national market and provides an opportunity to progress. Some roles may include commission and/or bonus earnings.
As a purpose‑driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long, meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to enable professional and personal success.
We value your hard work, integrity, and commitment. To learn more about our benefits: https://LMI.co/Benefits.
Equal Opportunity Employer Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination based on race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran’s status, pregnancy, genetic information or any basis prohibited by law.
Fair Chance Notices
California
Los Angeles Incorporated
Los Angeles Unincorporated
Philadelphia
San Francisco
#J-18808-Ljbffr