Role Description
Are you a data-driven strategist with a passion for shaping insurance products? GAINSCO is seeking a Product Manager I to manage 2β4 states with full P&L responsibility. This role combines pricing strategy, regulatory compliance, and cross-functional collaboration to drive profitability and growth in a competitive market.
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Own P&L performance for assigned states and develop pricing strategies based on actuarial indications, competitive analysis, and regulatory requirements.
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Execute rate changes and ensure timely filings, coordinating with Sales, Actuarial, Marketing, IT, and Testing teams.
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Identify actions for unprofitable segments and leverage underwriting and agency strategies.
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Present state performance and strategies to senior leadership and track key financial metrics.
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Achieve premium and policy count targets for assigned states.
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Partner with Sales to identify growth opportunities and optimize product positioning.
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Conduct competitive analysis and research market trends to inform product enhancements and new state launches.
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Prepare and submit accurate regulatory filings; respond promptly to objections.
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Build relationships with state Departments of Insurance and monitor regulatory changes.
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Support initiatives to automate processes, improve product performance, and solve business challenges.
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Develop reports and dashboards using tools like Power BI.
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Collaborate across departments to implement innovative solutions.
Qualifications
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Bachelor's degree, preferably in Economics, Actuarial, Math, Statistics, Insurance, or a similar field required.
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Minimum 5+ years in Product or Actuarial roles within the Property & Casualty insurance industry.
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Minimum 2+ years of state management experience (personal auto preferred).
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Proven experience executing complex pricing and product changes, including regulatory filings.
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In-depth knowledge of insurance and actuarial concepts, business processes, pricing plans, underwriting rules, and key financial metrics.
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Proficiency with SQL, SAS, or Python required.
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Experience with PowerBI and/or Tableau is a plus.
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Proficient in MS Office, with advanced Excel skills (pivot tables, data analysis).
Requirements
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Deadline-driven with a proven ability to balance competing priorities.
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Strong analytical abilities, including gathering, restructuring, and gaining critical insights from large datasets.
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Fact-based and data-driven decision making, with the ability to present data in a cohesive, simple fashion.
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Able to lead complex projects and mentor junior team members in a fast-paced environment.
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Strong communication skills and emotional intelligence.
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Experience presenting to Senior Leadership and influencing leaders across the organization.
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Ability to balance multiple tasks and occasional travel (5%).
Benefits
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Excellent benefits package: medical & dental, vision insurance, life insurance, short-term and long-term disability insurance.
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Parental Leave Policy.
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401K + Company Match.
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PTO Plan + Paid Company determined Holidays.