Product Manager, Pricing
The Product Manager, Pricing position is responsible for the profit and loss of Pie’s workers compensation and auto book of business. They have ownership over product design/pricing, regulatory compliance, and distribution along with a focus on quantitative analytics for measuring profitability. The role is responsible for measuring and monitoring how key business metrics are performing in a given timeframe and identifying trends - looking at customer mix, quote and conversion level, claims frequency and severity, as well as retention. The Product Manager, Pricing will also work closely with the technical product management team to build and improve systems to ensure a great customer/agent experience, as well as, allow for efficient and compliant operations.
How You’ll Do It
Oversight of Product & Pricing:
- Leverage rating bureau data and other industry resources to continuously improve Pie’s product and pricing structure with the goal of achieving profitable growth.
- Develop new tools that systematically diagnose conversion, retention, and/or profitability trends and quantify proposed pricing impacts at scale.
- Collaborate with pricing analysts to analyze market competitiveness and identify markets for growth and exit opportunities.
- Create new product design/pricing features that minimize referral volume and maximize auto decisioning.
- Manage the product development lifecycle, from ideation to launch, by defining product features, creating business requirements documents, and coordinating with internal stakeholders to ensure timely delivery.
Product Development:
- Lead the planning and execution of new product features, ensuring alignment with overall business objectives and market needs.
- Collaborate with cross-functional teams, including underwriting, business development, actuarial, claims, and marketing, to gather insights and develop product requirements that meet regulatory and customer needs.
- Continuously assess customer feedback and market trends to identify opportunities for product enhancements and innovations.
Technical Skills Development:
- Participate in the ongoing development and documentation of all pricing and appetite related processes.
- Manage pricing analyst projects end-to-end with limited leadership supervision.
- Create and facilitate team technical training that develops SQL, Looker, and Excel skill sets.
The Right Stuff
- Bachelor’s Degree is required. Background in statistics, mathematics, economics, actuarial science or other quantitative major field of study is highly desirable.
- 5+ years of analytical work experience in the P&C commercial insurance industry is preferred.
- Advanced knowledge in insurance product development, underwriting, and regulatory compliance.
- Advanced capabilities in managing and manipulating data in Excel, Looker, and Snowflake.
- Strong analytical and critical thinking skills. Ability to creatively solve problems and overcome regulatory roadblocks.
- Ability to make decisions and drive results in a fast-paced high-growth environment.
- Effectively identify trends and patterns within data sets.
- Effective organization and time management skills with the ability to work in ambiguous environments, while adhering to project deadlines.
- Strong knowledge of different types of distribution channels including process dynamics and economic metrics.
- Excellent interpersonal skills with the ability to build rapport and relationships with individuals at all levels across the organization.
- Comfortable with ambiguity and self starter.
- Strong written and verbal communication skills. Proven ability to effectively present technical concepts to non-technical individuals within and outside the organization.
Base Compensation Range
$105,000 - $130,000 USD
Compensation & Benefits
- Competitive cash compensation
- A piece of the pie (in the form of equity)
- Comprehensive health plans
- Generous PTO
- Future focused 401k match
- Generous parental and caregiver leave
- Our core values are more than just a poster on the wall; they’re tangibly reflected in our work
Our goal is to make all aspects of working with us as easy as pie. That includes our offer process. When we’ve identified a talented individual who we’d like to be a Pie-oneer , we work hard to present an equitable and fair offer. We look at the candidate’s knowledge, skills, and experience, along with their compensation expectations and align that with our company equity processes to determine our offer ranges.
Each year Pie reviews company performance and may grant discretionary bonuses to eligible team members.
Location Information
Unless otherwise specified, this role has the option to be hybrid or remote. Hybrid work locations provide team members with the flexibility of working partially from our Denver office and from home. Remote team members must live and work in the United States* (*territories excluded), and have access to reliable, high-speed internet.
Additional Information
Pie Insurance is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, marital status, age, disability, national or ethnic origin, military service status, citizenship, or other protected characteristic.
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Safety First: Pie Insurance is committed to your security during the recruitment process. We will never ask you for credit card information or ask you to purchase any equipment during our interview or onboarding process.
Pie Insurance Announces $315 Million Series D Round of Funding
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