AmTrust Financial Services, Inc.

Product Manager

US-OH-Cleveland
Requisition ID
2017-5609
Category
Operations
Position Type
Regular Full-Time

Overview

The Product Manager is responsible for identifying, developing, implementing and monitoring new products and services for the AmVenture ecosystem.  This is accomplished by conducting market research; generating product requirements; determining specifications, production timetables, pricing, and time-integrated plans for product introduction; and developing marketing strategies.

Responsibilities

Duties and Responsibilities:

  • Determines customers' needs and desires by specifying the research needed to obtain market information.
  • Recommends the nature and scope of present and future product lines by reviewing product specifications and requirements; appraising new product ideas and/or product or packaging changes.
  • Assesses market competition by comparing the company's product to competitors' products.
  • Provides source data for product line communications by defining product marketing communication objectives.
  • Obtains product market share by working with sales director to develop product sales strategies.
  • Assesses product market data by calling on customers with field salespeople and evaluating sales call results.
  • Provides information for management by preparing short-term and long-term product sales forecasts and special reports and analyses; answering questions and requests.
  • Facilitates inventory turnover and product availability by reviewing and adjusting inventory levels and production schedules.
  • Brings new products to market by analyzing proposed product requirements and product development programs; preparing return-on-investment analyses; establishing time schedules with engineering and manufacturing.
  • Introduces and markets new products by developing time-integrated plans with sales, advertising, and production.
  • Determines product pricing by utilizing market research data; reviewing production and sales costs; anticipating volume; costing special and customized orders.
  • Completes operational requirements by scheduling and assigning employees; following up on work results.
  • Maintains product management staff by recruiting, selecting, orienting, and training employees.
  • Maintains product management staff job results by counseling and disciplining employees; planning, monitoring, and appraising job results.
  • Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
  • Contributes to team effort by accomplishing related results as needed.
  • Prepare monthly and quarterly internal reports for each partner focused on KPIs.  Identify trends and results that need to be addressed and create appropriate response or action.

Qualifications

Education Requirements:

  • College degree or equivalent (10+ years similar work experience)

 

Required Skills and Experiences:

  • Minimum 5 years experience or process/product management position.
  • Must have experience with insurance or technology - preferably in commercial lines, wholesale, and/or lead selling space.
  • Strong analytical skills and the ability to present data in an effective manner based on the audience.
  • Judgment, problem solving, and decision making.
  • Planning, organization, multi-tasking
  • Excellent business writing and verbal communication skills

 

Preferred Skills and Experiences:

  • Professional designations (sales, insurance, leadership, etc.)
  • Ability to obtain P&C licensed

 

Work Environment:

  • Fun and fast paced environment with frequent internal and external customer contact
  • Significant autonomy

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