Hybrid Workers' Compensation Product Director

at The Hartford

• Job title: Workers' Compensation Product Director
• Job type: Full Time
• Experience level: Lead
• Salary: $139,600 - $209,400 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Hartford, United States

About the role

• Product Director managing strategic initiatives for a $2.2B Workers Compensation line at an insurance company. Leading cross-functional teams and driving product strategies.

Responsibilities

• Reporting to the Assistant Vice President, Small Commercial Workers Comp, the Product Director will have accountability for driving key strategic items for the $2.2B line of business.
• The role will require the ability to work independently, think critically, and facilitate between the business unit and other functions across the organization as well as work with external customers.
• Develop detailed knowledge about the Workers Compensation product inclusive of rating, pricing, underwriting and premium audit.
• Drive a variety of strategies to sustain long-term profitable growth for the line, across core focus areas: including classification, exposure / premium audit, distribution dynamics, & the WC line’s rating / pricing architecture.
• Responsible for working with an extended team of business partners.
• Monitor market dynamics, understand customers better, and lead efforts to make changes to business offerings and processes.

Requirements

• 7+ years of relevant industry experience, specifically in property casualty Product Management, Actuarial, Data Science, Premium Audit or other directly relevant experience.
• Strong analytical skills essential.
• Ability to leverage data and understand insurance processes to drive solutions
• Working knowledge of the Workers Comp line of business.
• Strong decision-making orientation.
• Ability to make timely, well-reasoned business decisions that balance the needs of constituents across the Small Business organization.
• Desire to solve problems.
• Ability to work across functions to drive solutions that leverage data/analytics to improve on technical processes, or innovate toward product solutions
• Strong strategic thinking capability; demonstrated ability to anticipate emerging opportunities/problems and ability to partner with multiple teams to execute solutions.
• Strong leadership skills; must be able to effectively lead cross-functional teams in a matrixed environment.
• Demonstrated ability to influence organization to drive business plans and achieve results, including an ability to work with cross functional teams to solve problems.

Benefits

• Short-term or annual bonuses
• Long-term incentives
• On-the-spot recognition