The Connector, a division within Ryan Specialty Group is looking for a Product Manager to join our Chicago, IL office. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career.
The Product Manager will be responsible for the development, strategy, maintenance and execution of insurance products on RSG's digital distribution platform (called "The Connector"). This position is integral to driving insurance product strategy for The Connector and online automation of commercial insurance, and will involve close collaboration with the Director of Products & Underwriting.
This role will be responsible for Product Development & Carrier Management.
Identify target capacity specifications for each line of business (class codes, geographies, products, coverages, etc.)
Contributes to the insurance product delivery lifecycle including product definition and target classes/industries, formulation and development of carrier specific underwriting business requirements, as well as product testing/ final release of the product.
Approve underwriting guideline changes and additions, as well as participate in Audits.
Monitor effectiveness of existing product(s) and look for opportunities to further refine, streamline and improve.
Identify opportunities to add products and cross sell other products on The Connector.
Work closely with the Compliance Department to ensure ongoing compliance.
Track and monitor retail broker feedback to ensure a high level of satisfaction.
Maintain strong communication with internal teams (PMO, marketing, compliance, actuarial, Vendors, etc.)
Responsible for monitoring performance of assigned line(s) of business, profitability, and exposure profile of book and top line growth (including other carrier and Connector Key Performance Indicators (KPIs))
Establish and cultivate carrier relationships and maintain strong communication with carriers.
Collaborate with our marketing team to develop tools to drive adoption of The Connector and assist in the training of sales and other field personnel.
Deliver marketing materials including writing white papers, data sheets, and presentations.
Identify market segments and provide recommendations for product strategies related to the development of new products within the marketplace.
Internal Number: 29731062
About Ryan Specialty Group
Ryan Specialty Group is an international specialty insurance organization that provides innovative solutions for brokers, agents and insurance carriers. The RSG family includes a wholesale brokerage operation, RT Specialty (RT), and a collection of managing general underwriting companies within RSG Underwriting Managers (RSGUM).