Pricing Manager – Auto Insurance at AMERICAN FREEDOM INSURANCE

Mount Prospect, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

19 May, 26

Salary

150000.0

Posted On

18 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Profitability Management, Regulatory Compliance, Product Design, Rate Filings, Performance Monitoring, Loss Ratio Analysis, Market Analysis, Data Analysis, Problem-Solving, Quantitative Skills, Communication, Collaboration, SERFF Proficiency, Telematics Knowledge, Rideshare Knowledge

Industry

Insurance

Description

Description Your Responsibilities Manage an assigned auto insurance state(s), ensuring profitability, compliance, and competitiveness when appropriate. Align product goals with company objectives and strengths, regulatory requirements, and profitability targets. Collaborate with Marketing, Underwriting, Claims, IT, Legal, vendors, etc. to design, price, and implement product features and to support day-to-day operations. Maintain effective regulatory relations, prepare and submit product and rate filings via SERFF and overall communicate successfully with insurance departments. Monitor and evaluate product performance metrics (loss ratios, retention, premium growth, etc.) and recommend and implement approved adjustments to improve results. Conduct competitor and market analysis including securing agent input to identify trends, pricing opportunities, product enhancements, etc. and incorporate into actionable product advancements. Develop strong knowledge of and ensure compliance with state requirements and effectively respond to regulatory inquiries. Contribute and reply to audits, reviews, and regulatory examinations as a subject-matter expert. Review criticisms and areas reviewed in other insurance carrier Market Conduct Exam reports and ensure AFIC is in compliance with all potential exposures. Analyze market trends, competitor activity, and industry developments to identify opportunities for new products, coverages, and enhancements. Initiate, lead and/or support projects and initiatives that enhance product development, operations, and/or performance. Explore and assess new opportunities to potentially include small commercial automobile coverage, telematics, a new jurisdiction, rideshare, and/or other emerging trends. Address other significant company projects. Requirements Bachelor’s degree in Business, Finance, Insurance, Economics or related field required, MBA preferred Minimum 3–5 years of Product Management or related experience, preferably with a focus on automobile insurance Excellent quantitative and communication skills Strong knowledge of data analysis and visualization tools such as Power BI or Tableau Strong analytical and problem-solving skills with attention to detail Working knowledge of insurance rate filings and rules Effective communication and collaboration skills across technical and non-technical teams Proficiency with Microsoft Office Suite; experience with product management tools or regulatory filing systems (e.g., SERFF) is a plus Benefits: AFIC offers a competitive salary and a comprehensive benefits package to support you Competitive Salary: Rewarding your expertise and experience Financial Security: 401K with up to a 6% company match Health & Wellness: Choice of Blue Cross Blue Shield PPO, HMO, or HSA plans, Dental and vision coverage, Access to telemedicine services Growth/Stability: Over 12 consecutive years of profitable growth, confirmed by A+ Superior rating by A.M. Best Work-Life Balance: Monday-Friday, 8 am-5 pm CST, with holiday pay and PTO Employee Recognition: We celebrate work milestones to show appreciation for your contributions Professional Growth: Paid training, state licensing reimbursement, and opportunities for advancement Positive Culture: Enjoy our inclusive holiday events, employee referral bonuses, virtual team meetings, and more

Responsibilities

The Pricing Manager will manage assigned auto insurance states to ensure profitability, compliance, and competitiveness by aligning product goals with company objectives and regulatory requirements. Key duties include collaborating across departments to design and implement product features, monitoring performance metrics, and successfully communicating with insurance departments regarding rate filings.