PL Product Development Manager II

Capgemini is seeking a highly motivated and detail-oriented  PL Product Development Manager II for a top 10 US Insurance Carrier.

Responsible for managing all aspects of product and staff within assigned products portfolio analytics for both the Direct and Embedded product (Auto/Homeowners and Renters). Assesses profitability, growth, competitors’ strategies, and initiative changes to the products or product segments.

·       Responsible for profit/losses for assigned products or product segments.

·       Takes leadership role in products or product segments (with mid-high level of complexity/impact) as assigned by Senior Product Development Manager.

·       Develops long- and short-term plans for assigned products or product segments with corresponding personal lines staff and field management staff.

·       Negotiates and sets priorities to align product or product segment goals with corresponding personal lines and field management goals.

·       Develops and implements risk selection, pricing and contract changes for products or product segments.

·       Develops and implements new products or product segments.

·       Secures funding and required resources, including senior management approval when appropriate.

·       Manages the analysis and research performed in the development of their product or product segment and its alignment with others.

·       Works with IT and Business Operations to plan system changes and develop requirements.

·       Develops product implementation procedures to ensure an orderly change or rollout.

·       Facilitates through other parts of the organization to accomplish results.

·       Stays abreast of industry developments.

·       Recruits, trains and develops Product Development Managers, Asst Product Development Managers and Product Analysts to cover evolving business needs.

·       Assists product development team in products or product segments of varying complexity/impact.

·       May supervise one or two Product Development Managers I, Assistant Product Development Managers, Product Analysts or Product Specialists. Performs other duties as assigned.

Our Client is one of the United States’ largest insurers, providing a wide range of insurance and financial services products with gross written premiums well over US$25 Billion (P&C). They proudly serve more than 10 million U.S. households with more than 19 million individual policies across all 50 states through the efforts of over 48,000 exclusive and independent agents and nearly 18,500 employees. Finally, our Client is part of one the largest Insurance Groups in the world.
Location: Brazil

Work Experience in This Field

• Minimum Required: 4-6

• Preferred: 7-9

English Proficiency

• Minimum Required: Fluent

Required Education

• Minimum Required: Bachelor
• Preferred: Masters

Education / Degree

• Statistics
• Mathematics
• Management information
• Economics

Other Critical Skills

• Management Reporting - Advanced
• Actuarial knowledge

Software / Tool Skills

• Excel - Advanced
• SQL - Advanced
• Office Suite - Advanced
• Power BI - Intermediate
• Knowledge of or ability to quickly learn advanced insurance pricing concepts and insurance terms and structures.

This position comes with competitive compensation and benefits package:

1. Competitive salary and performance-based bonuses
2. Comprehensive benefits package
3. Home Office model
4. Career development and training opportunities
5. Flexible work arrangements (remote and/or office-based)
6. Dynamic and inclusive work culture within a globally known group
7. Private Health Insurance
8. Pension Plan
9. Paid Time Off
10. Training & Development
11. *Note: Benefits differ based on employee level

About Capgemini

Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of over 340,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group €22.5 billion in revenues in 2023.

https://www.capgemini.com/us-en/about-us/who-we-are/