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MRSGM NA Regional Product Manager, Commercial Insurance

Job in Schaumburg, Cook County, Illinois, 60159, USA
Listing for: Munich RE
Full Time position
Listed on 2026-01-30
Job specializations:
  • Insurance
    Insurance Sales, Property Insurance, Insurance Agent, Risk Manager/Analyst
Job Description & How to Apply Below

Overview

Munich Re Specialty Global Markets North America (MRSGM N.A.) is looking for enthusiastic individuals to join us as we grow. As part of Munich Re Group, we are a unique organization providing expertise in specialty and marine lines of insurance as well as surety risks and customs bonds with in-house claims solutions.

We are seeking a full time Regional Product Manager, Commercial Insurance to join the Roanoke Insurance Group division as a hybrid employee in our Schaumburg, IL office reporting to VP, Regional Product Management.

Responsibilities
  • Provide marketing and sales support to grow the Property and Casualty Department premiums and commissions
  • Strategize on complex accounts and complicated insurance placements
  • Administration of day to day activities of the Property and Casualty Department and handling management and marketing duties directly when necessary
  • Provide leadership, development and guidance for the department staff
  • Supervise the Property and Casualty Department employees, evaluate and mentor employees
  • Conduct Property and Casualty Basic Seminar training for new clients, and existing clients as needed and/or requested
  • Coordinate processing of new business quotes, policy rates, proposals and other pertinent situations as they arise, including billing of premiums
  • Maintain relationships with insurance markets and coordinate effort on agency contracts and profit sharing agreements, if any
  • Maintain relationships with clients and develop books of business by selling additional coverages, in coordination with the producers and RVP
  • Maintain relationships with clients and markets by participation in industry association events
  • Verify insurance company billings/discrepancy reports as required
  • Assist in the production of new business and handle existing accounts as required
Qualifications
  • Excellent interpersonal skills
  • Minimum four year college degree
  • Minimum 10 years Commercial Lines Property and Casualty experience
  • Proficiency with Microsoft software programs including Outlook/Excel/Word/PowerPoint plus ability to quickly master other software programs required
  • Excellent written and oral communications skills
  • Acute attention to detail
  • Above average mathematical and critical thinking skills
  • Self-disciplined, dependable and self-motivated
  • Ability to effectively manage multiple priorities
  • Ability to travel domestically and internationally for multiple consecutive days
Compensation and Benefits

MRSGM N.A. is open to considering candidates in numerous locations, including Schaumburg, IL. The salary range posted below applies to the Company's Schaumburg, IL location. The base salary range anticipated for this position is $90,000 to $120,000. In addition, the Company makes available a variety of benefits to employees, including health insurance coverage, life and disability insurance, 401k match, paid holidays, sick time, and paid vacation.

The salary estimate displayed represents the typical salary range for candidates hired in this position in Schaumburg, IL. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.

About Us

MRSGM N.A. is the holding company for Roanoke Insurance Group (RIG) and Munich Re Specialty Group Insurance Services (SIS) located throughout 7 locations in the United States and Canada with over 250 employees.

SIS provides insurance to retail and wholesale insurance brokers in North America. Specialty lines include ocean and inland marine, cyber, tech E&O, terrorism, active assailant & political violence.

RIG operates as a specialty insurance broker focused on surety, insurance and related offerings for logistics service providers, customs brokers and companies with supply chains.

Benefits

We offer our employees a diverse work environment which champions professional development, innovation and passion; providing employees with a great benefits package. All of our benefits are effective the first day of employment including:

  • Generous healthcare plans
  • Voluntary dental & vision plans
  • 401(k) plan
  • Flexible spending…
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