Insurance Product Manager
Job Description
Job Description
Location: Waltham, MA
NEXT's mission is to help entrepreneurs thrive. We're doing that by building the only technology-led, full-stack provider of small business insurance in the industry, taking on the entire value chain and transforming the customer experience.
Simply put, wherever you find small businesses, you'll find NEXT.
Since 2016, we've helped hundreds of thousands of small business customers across the United States get fast, customized and affordable coverage. We're backed by industry leaders in insurance and tech, and we still have room to grow — that's where you come in.
We're looking for a talented, passionate Insurance Product Manager to join our team. This is a highly visible and cross-functional position with the primary goal of delivering best-in-class products to small businesses in multiple verticals. We believe that the products available in the marketplace today do not fit the needs of small businesses and we are committed to leading the charge in reimagining SMB insurance. If you get excited about understanding & redesigning pricing, love thinking about risk, and want to work on initiatives that will have a real impact on the industry and the customer - we'd love to talk to you!
What You'll Do:
- Zero-to-one launch of new products, customer segments and partnerships
- Own product roadmap; overseeing the coverage, pricing, and prioritization of growth initiatives
- Conduct industry research, competitive benchmarking, and small business owner interviews to prioritize the target customer's biggest needs
- Be responsible for growth and profitability by optimizing pricing, tailoring coverages and underwriting, and rolling out new geographies and customer segments
- Partner closely with multiple teams including Compliance, Customer Operations, Technical Product, Engineering, Data Science, Analytics, Claims, and Legal
What We Need:
- 5+ years experience managing technical products from ideation to successful launch
- Customer obsessed, passionate about making great products that serve and empower small business owners
- Proven experience in using data driven methods in decision making and strong analysis skills
- Able to work independently and comfortable with ambiguity
- Experience working with and presenting to senior leadership
Unstoppable Qualities:
- Insurtech, fintech, regtech or experience with regulated products strongly preferred
- Experience with commercial lines insurance preferred
- Experience with retail industry underwriting preferred
The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including, without limitation, job-related skills, experience, and relevant education or training. NEXT employees are eligible for our benefits package, consisting of our partially subsidized medical plan, fully subsidized vision/dental options, life insurance, disability insurance, 401(k), flexible paid time off, parental leave and more.
US annual base salary range for this full-time position:
$150,000—$200,000 USD
Don't meet every single requirement? Studies have shown that some underrepresented people are less likely to apply to jobs unless they meet every single qualification. At NEXT, we are dedicated to building a diverse, inclusive and respectful workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
One of our core values is 'Play as a Team'; this means making sure everyone has an equal chance to participate and make a difference. We win by playing together. Next Insurance is an equal opportunity employer and prioritizes building a diverse and inclusive workplace. We provide equal employment opportunities to all employees and applicants of any type and do not discriminate based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job-related characteristics or other prohibited grounds specified in applicable federal, state, and local laws. Next's policy is to comply with all applicable laws related to nondiscrimination and equal opportunity and will not tolerate discrimination or harassment based on any of these characteristics. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
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