Director, Insurance Product Management (Remote, US) at OPENLY LLC

, , United States -

Full Time

Start Date

Immediate

Expiry Date

28 Jan, 26

Salary

253000.0

Posted On

30 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Insurance Product Management, Project Management, Data Analysis, Compliance, Leadership, Communication, Collaboration, Problem Solving, Decision Making, Risk Selection, Product Development, Customer Service, Team Management, Strategic Planning, Regulatory Approval, Analytical Skills

Industry

Insurance

Description

Why Openly Openly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc. The Openly Difference We created Openly because we saw an evident gap in the market for premium insurance made simple. Consumers deserve more complete coverage at competitive prices. The Price Difference: Using cutting-edge data and technology, we provide you with customizable, competitive prices to protect your most valuable assets. The Policy Difference: Coverages are truly customizable to meet your individual protection needs, for both standard coverages and optional add-ons. The Experience Difference: From tailored claims handling to highly responsive customer service, we are focused on making the home insurance purchasing process a better overall experience. Welcome to your next adventure. At Openly, our people are just as important as our product. For us, collaboration, communication, and work-life balance are more than nice-to-haves— they’re the must-haves that make us who we are. We believe a great company is the result of a shared set of values, so we look for these qualities in every candidate we hire. Integrity Empathy Teamwork Curiosity Urgency We've designed our hiring process with you, the candidate, in mind. At every step, you have the chance to present your strengths and learn more about what makes Openly a great place to work. We're committed to Diversity, Equity, & Inclusion We embrace individuality and believe diverse teams are winning teams. Our commitment to inclusion across race, gender, age, religion, identity, and experience drives us forward every day. Job Details Openly is hiring a Director of Insurance Product Management to help lead our state management efforts on the Insurance Product team. Reporting to the Senior Director of Insurance Product Management, this individual will lead a team of product managers to drive critical aspects of our state insurance product management function. Key Responsibilities Drive the profitable management of Openly’s insurance products, including coordination of product development, pricing, forms, compliance, underwriting, risk selection, and regulatory approval Support the continued expansion of insurance products, from insurance product development to product implementation Partner with Product Research, Engineering, and Operations to successfully manage our product and implement new features, as necessary Utilize data and analytics to monitor the product post-launch, identify areas for improvement, and uncover new opportunities Play a key role in developing and implementing state and countrywide strategic plans Work with the Director of Product, State Pricing, and Product Research to explore new mechanisms to optimize our decision algorithms and pricing Collaborate across the organization to support new product design and development (e.g., auto, umbrella) Shape and lead assigned insurance state management team Requirements 8-10 years in personal lines P&C insurance product management roles with increasing responsibility and leadership; 3-5 years of management responsibility Significant experience working with state-level insurance regulators and a deep understanding of personal lines compliance risks Excellent people and project management skills, with the ability to communicate and collaborate effectively with people at all levels of the company Track record of strong decision-making skills and successfully delivering results in a fast-paced environment Strong analytical and problem-solving skills A passion for leadership, coaching, and developing talent Compensation & Benefits: The target salary range represents the budgeted salary range for this position. Actual compensation for this position will be determined based on the successful candidate's experience and skills. We are committed to providing a compensation package that not only reflects the responsibilities and requirements of the role, but also the unique expertise that the chosen candidate will bring to our team. Target Salary Range $162,000—$192,280 USD The full salary range shows the min to max salary range for this position. Actual compensation will be commensurate with experience and qualifications and determined based on various factors including the candidate's qualifications, skills, and experience. Full Salary Range $151,800—$253,000 USD Benefits & Perks Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it. Competitive Salary & Equity Comprehensive Medical, Dental, and Vision Plan Offerings Life and disability coverage including voluntary options Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements (Birthing parents may be eligible for additional leave through STD) 401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute. Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually. We want each Openly employee to achieve personal and professional success and to feel supported, confident, and informed about improving their efficiency and productivity. Be Well Program - Employees receive $50 per month to use towards your overall well-being Paid Volunteer Service Hours Referral Program and Reward Depending on position, Employees generally are eligible for cash incentive compensation, including commissions for sales eligible roles. In all cases, eligibility for compensation and benefits is subject to applicable plan and policy terms in effect from time to time. U.S. Citizens, Green Card Holders, and those authorized to work in the U.S. for any employer and currently residing in the US will be considered. Openly is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Openly is an E-Verify Employer in the United States. Openly will make reasonable accommodations for qualified individuals with known disabilities under applicable law. We strive to provide an exceptional applicant and candidate journey when you engage with us. In an effort to respond to applicants in a timely manner, we leverage AI to organize applications and resumes based on required and applicable skills and experience. To allow our applicants to drive their initial interview experience with us, we may leverage an AI-supported scheduling tool so you can choose when to meet with our team. While AI assists with efficiency, all hiring decisions are made by our team members. Rest assured, your data is protected according to privacy laws and company policies. Contact our recruitment team with any questions about our AI-assisted hiring process.

Responsibilities

The Director of Insurance Product Management will lead a team to manage Openly's insurance products, focusing on product development, pricing, compliance, and regulatory approval. This role also involves collaborating with various departments to implement new features and optimize decision algorithms.