Product Manager

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October 29

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Openly

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Insurance • Enterprise • Technology

Openly is a next-generation insurance provider focusing on homeowners insurance. They offer premium, comprehensive coverage through a network of independent agents, simplifying the process with technology. Openly aims to provide high-value home insurance with ease and transparency, enhancing the efficiency of their agency partners and improving customer satisfaction. Their approach is built on using technology to streamline quoting, customize policies, and provide excellent customer experiences.

201 - 500 employees

🏢 Enterprise

📋 Description

• Developing and calibrating Openly’s personal lines products for company-wide provisions including UW appetite, coverage offerings, profitability targets, and Openly proprietary models • Assisting with rate filings and DOI correspondence to ensure timely regulatory approval • Collaborating with our Technology and Operations teams to successfully implement product changes • Analyzing key performance indicators and drivers of profitability, including loss ratios, actuarial indications, frequency/severity trends, sales conversion, persistency, and other data as we continue to grow our geographic footprint • Leading other product management initiatives, such as external data evaluations, market/competitor intelligence, and new product development

🎯 Requirements

• 3-5 years of experience in insurance product management and product development roles • A degree in Mathematics, Actuarial Science, Economics, Statistics, or similar study • Solid technical (SQL) and analytical skills, capable of developing quantitative analyses through data manipulation • Ability to identify and define complex business problems and develop relevant analytical frameworks to deliver solutions, often operating in ambiguity and leveraging creativity • Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company • Strong decision-making skills • P&C insurance experience is required, and personal lines auto and homeowners insurance experience is a plus • Insurance product compliance and/or state launch experience is a plus • Experience evaluating and interpreting catastrophe model output is a plus • Familiarity with product development and product lifecycle management is a plus

🏖️ Benefits

• Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it. • Competitive Salary & Equity • Comprehensive Medical, Dental, and Vision Plan Offerings • Life and disability coverage including voluntary options • Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements • 401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute. • Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace • Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually. We want each Openly employee to achieve personal and professional success and to feel supported, confident, and informed about improving their efficiency and productivity. • Be Well Program - Employees receive $50 per month to use towards your overall well-being • Paid Volunteer Service Hours • Referral Program and Reward