Associate Director, Product Management – Alternative Distribution

🔥 2 minutes ago

🦌 Connecticut – Remote

🦌 Connecticut – Remote

💵 $107.6k - $161.4k / year

⏰ Full Time

🟠 Senior

✅ Product Manager

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

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The Hartford

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1810

🛡️ Insurance

💸 Finance

👥 B2C

Insurance • Finance • B2C

The Hartford is a well-established insurance company offering a variety of products including auto, home, and business insurance. With over 200 years of experience, it caters to both individuals and small to midsize businesses, providing tailored insurance solutions and employee benefits. The company is particularly known for its AARP-endorsed auto and home insurance programs, which offer exclusive benefits and discounts for members.

📋 Description

• Manage a portfolio of strategic distribution relationships across multiple channels • Drive Partner Agency performance, financial results, and key business initiatives • Develop and implement strategies to drive profitable growth, strengthen competitiveness, and optimize portfolio performance • Lead cross-functional efforts across Product, Underwriting, Pricing, Digital Experience, Marketing, Legal/Compliance, and Transformation • Achieve or exceed revenue, income, growth, and profitability targets for assigned channels and Partner Agencies • Develop strategic visions and tactical plans to expand market share within Alternative Distribution Channels and Partner Agencies • Address day-to-day needs of functional partners supporting assigned channels and Partner Agencies • Use countrywide data, channel insights, and market trends to anticipate changes in competitiveness, conversion, and profitability • Partner with cross-functional teams to develop, customize, launch, and improve products and capabilities across distribution platforms • Maintain competitiveness in non-ICON platforms through product presentment, pricing options, and classification and underwriting policies • Build relationships across Product, Pricing, Underwriting, Agency Sales, Data Analytics, Claims, Service, Digital Experience, Marketing Communications, Legal/Compliance, and Transformation • Monitor market dynamics, customer needs, and partner/channel performance to improve business offerings and processes • Cultivate external relationships supporting business performance and strategic goals

🎯 Requirements

• 7+ years of experience in Commercial Lines or Personal Lines Product Management, Product Development, Pricing, Underwriting, or a comparable role • Strong analytical and problem-solving skills • Ability to conduct competitor analysis and understand market dynamics, underwriting initiatives, rate levels, policy forms, economic trends, and emerging issues • Financial acumen and ability to understand business impacts of product, pricing, underwriting, and channel decisions • Ability to evaluate loss cost models and support risk pricing strategies • Strong presentation, communication, interpersonal, and relationship management skills • Solution-oriented mindset with ability to think strategically and implement change • Strong organization, documentation, attention to detail, and decision-making skills • Ability to build strong internal and external relationships • Ability to manage multiple priorities and make business-context decisions • Ability to challenge and advocate for sound product, pricing, and business decisions • Knowledge of state laws and regulatory considerations preferred • Ability to travel up to 10% for market-related or partner-related meetings

🏖️ Benefits

• Short-term or annual bonuses • Long-term incentives • On-the-spot recognition • Hybrid or remote work arrangement • Remote work arrangement for candidates who do not live near an office • Travel up to 10% for market-related or partner-related meetings

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