Insurance Product Manager - Commercial Lines

About the Role Our client, a well-established and respected insurance provider, is seeking an experienced Insurance Product Manager to join their Commercial Lines division in Indianapolis, Indiana . This role is vital for driving the development, enhancement, and profitability of the company's commercial insurance products. The Product Manager will be responsible for conducting market analysis, understanding customer needs, defining product strategy, and collaborating with underwriting, actuarial, sales, and operations teams to bring competitive and profitable products to market. The ideal candidate will have a strong understanding of the commercial insurance landscape, excellent analytical skills, and a passion for creating impactful product solutions. This position offers a significant opportunity to influence product strategy within our Indianapolis, Indiana operations. Key Responsibilities Develop and execute the product strategy and roadmap for commercial insurance products. Conduct market research, competitor analysis, and customer needs assessments to identify product opportunities. Define product requirements, features, and pricing strategies in collaboration with underwriting and actuarial teams. Manage the product lifecycle from ideation through development, launch, and ongoing management. Work closely with marketing and sales teams to develop effective go-to-market strategies and collateral. Monitor product performance, profitability, and market competitiveness, making necessary adjustments. Ensure compliance with all regulatory requirements and internal policies for commercial lines products. Serve as a subject matter expert on commercial insurance products for internal and external stakeholders. Collaborate with technology and operations teams to ensure seamless product implementation and support. Requirements Bachelor's degree in Business Administration, Finance, Marketing, or a related field. Minimum of 5 years of experience in product management, preferably within the insurance industry. Strong understanding of commercial insurance products, including General Liability, Commercial Property, Workers' Compensation, etc. Proven experience in market analysis, product development, and lifecycle management. Excellent analytical, problem-solving, and strategic thinking skills. Strong communication, presentation, and interpersonal skills. Ability to collaborate effectively with cross-functional teams. Proficiency in Microsoft Office Suite and familiarity with insurance industry software. Project management skills are a plus. Benefits Our client offers a competitive salary, bonus potential, and a comprehensive benefits package including health, dental, and vision insurance, a 401(k) retirement plan with company match, paid time off, and opportunities for professional development. We are committed to fostering a supportive and collaborative work environment in Indianapolis, Indiana , where employees can thrive and advance their careers. Join our team and play a key role in shaping the future of our commercial insurance offerings.