Insurance Senior Product Manager; Property & Inland Marine

IAT Insurance Group is seeking a Senior Product Manager to support our Property Insurance line of business. This role is responsible for ensuring product competitiveness and compliance by leading the development, enhancement, and maintenance of coverage forms and endorsements, underwriting guidelines, strategies, rates, and rating rules. The Product Manager will also participate in the rate review process and provide product support to maintain the profitability and growth of assigned lines of business.

As a subject-matter expert, you will collaborate closely with Line of Business leadership, Underwriting, Legal, Compliance, Actuarial, Claims, and IT. You will play a key role in shaping product strategy, driving profitability, and ensuring that our offerings stay current and responsive to market and regulatory changes. This role follows a hybrid schedule (in-office Monday–Wednesday; remote Thursday–Friday). Preferred IAT locations include Cheshire, CT;
Alpharetta, GA;
Raleigh, NC;
Scottsdale, AZ;
Newark, NJ;
Naperville, IL; and Rolling Meadows, IL. Occasional travel is required.

• Partner with business leaders to maintain and enhance the Property product suite, including form and endorsement updates and new product development.
• Maintain and improve the Commercial Property forms library, underwriting guidelines, and rating manuals.
• Collaborate with Legal to review form and endorsement revisions; communicate changes and rationale to business units.
• Maintain, refine, and support rate structures and pricing methodology.
• Develop and deliver training to underwriters, underwriter trainees, and others, as needed, within the organization.
• Analyze key drivers of product performance and work with business units to develop strategies aligned with profitability goals.
• Collaborate with Claims to understand emerging issues, trends, and loss drivers.
• Collaborate with Actuarial to assess base rate needs and lead decision-making related to rate management.
• Partner with Compliance to ensure all rates, rules, and forms are up to date and filed with the state insurance departments, where required.
• Partner with IT and Regulatory to effectively implement product changes.
• Evaluate Insurance Services Office, Inc. (“ISO”) changes, assess business impact, and communicate implications to relevant stakeholders.
• Collaborate with appropriate business leaders to develop strategy in response to ISO updates, state law changes and case law affecting coverage, rates or rules.
• Work with IT to maintain a Rate/Quote/Issue system.
• Monitor industry dynamics and trends using resources such as A.M. Best and Conning.
• Perform other duties as needed.

• Bachelor’s degree.
• At least eight years of commercial product management or twelve years of overall commercial product experience (such as claims handling, underwriting, product management and insurance forms drafting as an attorney).
• Three to five years of specific Commercial Property product development experience.
• Strong knowledge of insurance policy contract structures, coverage and exposure analysis, and regulatory considerations.
• Solid understanding of actuarial concepts and pricing methodologies.
• Strong analytical and form-drafting skills.
• Excellent written, verbal, and presentation communication skills.
• Demonstrated ability to collaborate across teams and influence without direct authority.
• Strong problem-solving, judgment, and recommendation skills.
• Understanding of management information systems and performance metrics.
• Effective project management skills.
• Must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes.

• Experience in Property underwriting or commercial insurance product development.
• Experience developing and drafting business requirements.
• Professional designation such as CPCU, ARM.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in…