Commercial Lines Product Manager
Commercial Lines Product Manager
Commercial Package & Small Business Insurance
Location: Florida (Hybrid)
Compensation: $120,000 - $150,000 Base Salary + Comprehensive Benefits
A growing Property & Casualty insurance organization is seeking a Commercial Lines Product Manager to help lead the strategy, performance, and ongoing development of its commercial package product portfolio. This position will play a key role in managing a growing book of business while partnering across underwriting, actuarial, technology, claims, operations, and distribution to drive profitable growth initiatives.
This is a highly visible role offering the opportunity to influence product strategy, portfolio performance, underwriting direction, and future commercial product expansion efforts.
Key Responsibilities
Product Strategy & Portfolio Management
- Drive the overall performance and profitability of commercial package insurance products.
- Monitor key business metrics including growth, retention, profitability, and portfolio performance.
- Evaluate market opportunities and recommend enhancements to product offerings, pricing approaches, underwriting guidelines, and coverage structures.
- Partner with internal stakeholders to develop and execute short- and long-term product strategies.
- Analyze market trends, competitor activity, regulatory developments, and customer needs to support strategic decision making.
Portfolio Performance
- Manage portfolio results across multiple dimensions including class of business, geography, distribution channel, and industry segment.
- Identify opportunities to improve profitability and support sustainable growth.
- Collaborate closely with actuarial, underwriting, and analytics teams to evaluate performance trends and recommend corrective actions when necessary.
- Develop and present portfolio insights and recommendations to senior leadership.
Product Development & Innovation
- Lead product enhancement initiatives from concept through implementation.
- Contribute to future commercial product development and expansion efforts.
- Support modernization initiatives focused on improving competitiveness, operational efficiency, and customer experience.
- Help identify opportunities for new products and adjacent market growth.
Technology & System Implementation
- Serve as a key business partner during technology enhancements and platform modernization efforts.
- Translate business objectives into functional requirements, workflows, and implementation priorities.
- Work closely with technology, operations, and vendor partners to ensure successful delivery of product capabilities.
- Participate in testing, implementation planning, issue resolution, and ongoing product optimization.
Underwriting Partnership
- Act as a strategic partner to underwriting leadership on risk selection, product performance, and portfolio management initiatives.
- Review and evaluate complex underwriting referrals and business exceptions within established authority guidelines.
- Provide expertise on underwriting appetite, eligibility, coverage interpretation, and portfolio strategy.
- Support ongoing refinement of underwriting guidelines and best practices.
Cross-Functional Leadership
- Partner with teams across underwriting, actuarial, claims, operations, compliance, finance, marketing, and distribution.
- Support product rollouts, growth initiatives, and process improvement efforts.
- Engage with agents, brokers, and distribution partners to better understand market needs and improve ease of doing business.
Qualifications
Required Experience
- 5+ years of Property & Casualty insurance experience with significant Commercial Lines exposure.
- Experience working with commercial package, businessowners, small commercial, or middle market products.
- Product management, portfolio management, underwriting, or line-of-business leadership experience.
- Prior underwriting authority or referral decision-making experience.
- Experience partnering on system implementations, product modernization projects, or technology-driven initiatives is highly preferred.
Skills & Expertise
- Strong understanding of commercial insurance products, underwriting principles, coverage design, and portfolio management.
- Ability to evaluate business performance and translate insights into strategic actions.
- Strong analytical and financial acumen.
- Experience working across business and technology teams.
- Excellent communication and stakeholder management skills.
- Proven ability to influence decisions across multiple functional areas.
Education & Designations
- Bachelor's degree or equivalent industry experience.
- CPCU, ARM, AU, or similar industry designations preferred.
Why Consider This Opportunity?
- Opportunity to influence the strategy and direction of a growing commercial insurance portfolio.
- High level of visibility and collaboration with senior leadership.
- Significant impact on product development, portfolio performance, and future growth initiatives.
- Blend of product management, portfolio management, underwriting, and technology leadership responsibilities.
- Opportunity to help shape the future of a growing commercial lines platform.
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your CV and details on file so when we see similar roles or see skillsets that drive growth in organisations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your CV so you can be considered for roles that have yet to be created.
Yes, we help with CV and interview preparation. From customised support on how to optimise your CV to interview preparation and compensation negotiations, we advocate for you throughout your next career move.