Product Development Manager

$103,000 - $180,000/Yr

Berkshire Hathaway - New York, NY

Full-time - Mid Level

New York, NY

501-1,000 employees

Insurance Carriers and Related Activities

About the position

The Product Development Manager at Berkshire Hathaway GUARD Insurance Companies plays a crucial role in the development and enhancement of insurance products. This position involves collaborating with various teams to document strategies, support the execution of initiatives, and ensure compliance with regulatory standards. The role is designed for a professional with a strong background in commercial product development or underwriting, who can contribute data-driven insights and support the company's vision of being a leading small business insurance provider.

Responsibilities

• Collaborate closely with the product development leader to document and version strategies.
• Assist in the development, drafting, and enhancement of forms and forms language.
• Support the design, development, and implementation of system and process solutions aligned with forms implementation strategy.
• Work with training and marketing teams to develop communication, training, and marketing materials for new or enhanced products.
• Conduct competitor intelligence research to inform product development.
• Ensure compliance with state regulations and legislative rules.
• Document, maintain, and version control forms attachment logic.
• Collaborate with Strategic Business Analysis Unit for ad-hoc analysis to support strategies and initiatives.
• Create, maintain, and version control templates, documentation, and schedules for underwriting audits.

Requirements

• Bachelor's degree preferred with concentration in Risk Management, Business, Economics, Finance, Math, Statistics or Actuarial Sciences (J.D. preferred but not required).
• 5+ years of Commercial Product or Underwriting experience.
• Knowledge of industry trends, state regulations, and compliance processes.
• Strong analytical and writing skills with attention to detail.
• Proficient in working in a matrixed environment with stakeholders at various levels.

Benefits

• Competitive compensation
• Healthcare benefits package that begins on first day of employment
• 401K retirement plan with company match and profit sharing
• Generous paid vacation and sick time
• Hybrid work schedule (three days in the office, two days from home)
• Work/life balance schedule - no nights or weekends/closed for all major holidays
• Longevity awards every 5 years of employment
• Tuition reimbursement after six months of employment
• Numerous opportunities for continued training and career advancement