Product Manager Non-Standard Auto Insurance
14 days ago
Brownsville
Job DescriptionProduct Manager – Non-Standard Auto Insurance Location: Brownsville, TX (position could be remote for the right candidate) Reports To: Vice President of Underwriting and Product About the Role We are seeking an experienced Product Manager to lead the development, optimization, and regulatory management of non-standard auto insurance products in the Texas market. This role is responsible for balancing profitability, regulatory compliance, customer outcomes, and competitive positioning in a highly regulated and data-driven environment. The ideal candidate brings a strong understanding of non-standard auto insurance, Texas-specific regulations, underwriting strategy, and cross-functional collaboration. Key ResponsibilitiesProduct Strategy & Development * Own the end-to-end lifecycle of non-standard auto insurance products in Texas, including design, pricing strategy, coverage structure, and eligibility rules. * Identify market opportunities through competitive analysis, performance data, customer insights, and regulatory changes. * Define product roadmaps and prioritize initiatives aligned with business goals and loss ratio targets. Regulatory & Compliance (Texas-Focused) * Ensure all products comply with Texas Department of Insurance (TDI) requirements, including filings, forms, rates, endorsements, and rule changes. * Ensure rate, rule and form filings are timely and accurate * Monitor regulatory developments that impact non-standard auto carriers and proactively recommend product adjustments. Underwriting & Pricing Collaboration * Work closely with underwriting, actuarial, and data analytics teams to: * Refine risk segmentation and rating plans * Improve loss performance and profitability * Support new pricing models and coverage enhancements * Translate actuarial insights into clear product definitions and business requirements. Cross-Functional Leadership * Manage a team consisting of a data analyst and underwriters * Act as the product liaison between underwriting, claims, operations, technology, compliance, marketing, and distribution partners. * Partner with technology teams to ensure product requirements are accurately implemented in policy administration systems. * Support go-to-market strategies with sales and marketing, including agent communications and training materials. Performance Monitoring & Optimization * Track key product KPIs including loss ratio, retention, growth, and conversion. * Analyze product performance and recommend corrective actions or enhancements. * Lead post-launch reviews and continuous improvement initiatives. Required Qualifications * Bachelor’s degree in Business, Finance, Insurance, or a related field (or equivalent experience). * 5+ years of experience in insurance product management, underwriting, or actuarial roles. * Direct experience with non-standard auto insurance products. * Strong knowledge of Texas auto insurance regulations and TDI filing processes. * Proven ability to work cross-functionally and influence stakeholders without direct authority. * Strong analytical, communication, and documentation skills. * Ability to travel 10-25% of the year if not located in Brownsville Preferred Qualifications * CPCU, ARM, or similar insurance designation. * Experience working at a non-standard or specialty auto carrier. * Familiarity with policy administration and rating systems. * Experience supporting agent or MGA distribution models. What We Offer * Competitive salary and comprehensive benefits package * Opportunity to shape products in a high-impact, growth-oriented business * Collaborative culture with strong leadership visibility