Product Manager en Bluefire Insurance

About Us:  

Bluefire is part of the Confie family of insurance companies. At Bluefire, our employees enjoy a positive, dynamic, inclusive, and collaborative workplace where performance is rewarded, continued learning is promoted, and employees have exciting opportunities for advancement. Confie is one of the top five insurance brokers in the United States, but we didn’t achieve this milestone by chance. We believe that our success is due to the talented people on our side and our positive corporate culture. We also have one of the most diverse employee teams in the insurance industry. Our employees enjoy competitive pay and a convenient work-life balance in their schedules. We also offer a robust benefits package that includes:

• Health Care: Choices among several medical, dental, and vision plans.
• Retirement Plan: A 401K plan with a percentage of company-matched contributions.
• Fitness: A corporate gym discount to make staying active more accessible.
• Mental Health Support: 12 therapy sessions and 13 additional psychiatric sessions.
• Employee Assistance Program: Confidential assistance to you or anyone in your household who is experiencing personal or professional problems — at no cost.
• Flexible Schedule: Monday to Friday
• Extra Perks: Access to disability, hospital indemnity, universal life, critical illness, and accident insurance plans. We even offer pet insurance.

As we continue to grow and extend our reach, our priority is focused on recruiting talented and driven people to add to our team and build them up for success.

The role:

Lead the quarterly rate reviews with preparation of any necessary rate filings to be submitted to state insurance departments.

Conduct competitive research of competitor rate filing activity to ensure our products are priced responsibly, yet competitively in the market.

Review and modify Underwriting Rule and Policy Form as deemed necessary, including filing with state insurance departments.

Assist marketing by identifying profitable business segments which may present opportunities for growth.

Identify trends in frequency and severity in partnership with the Claims team.  

Manage new/renewal PIF mix so to ensure stable loss ratios.

Weekly and Monthly reports to executive management to keep them informed on loss ratios, production and any concerns identified by the product management team.

Partner with Sr. VP and IT Department to develop system that will include automated tools for loss ratio management.

Be in the details, understand how to improve segmentation, select optimal pricing factors, apply underwriting guidelines, monitor mix, and manage the health of the renewal book

What it takes:

Bachelor's degree in mathematics, statistics, economics, a related field or equivalent education

Ten or more years of auto product management experience preferred

Proven analytical and problem-solving skills.

Ability to collaborate with cross-functional team to achieve business results

Achieves a standard of excellence with work processes and outcomes, honoring company policies and regulatory compliance.

Ability to deal effectively with individuals at all levels and attain desired results.

Works well under tight deadlines

Effective communication, presentation, negotiation and persuasion skills.

Preferred Skills

Experience working directly with CA or TX

Moderate ability in SQL or desire to learn

Experience using Microsoft PowerBI a plus

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.