Insurance Product Manager

About Annex

We’re solving a critical problem for the American homeowner - the exploding cost of homeowners insurance - specifically, for consumers in natural catastrophe heavy areas. From south Texas to woodland California to the Jersey shore, consumers are being asked to pay thousands more in insurance premiums every year. Annex acts as a wholesaler equipping our agent partners with better options for these insureds.

This is a great role for: An early to mid-career insurance product manager or underwriter looking to help us launch new products, improve existing ones, and track product performance. This is a management role at a rapidly-growing startup offering the chance to start and build a function.

Goals

• Manage roll out of new residential insurance products, and improvements to existing products, to enhance breadth of offerings
• Work with Annex underwriting team to ensure inspections process aligns with product goals
• Source new avenues of data to ensure more-rapid and accurate quoting for agents, and deeper understanding of risk across insurance policy lifecycle
• Ensure rate adequecy; potentially partnering with actuaries and capacity providers
• Track and analyze loss performance of programs

Required skills and experiences

• Deep understanding of residential insurance products and their appropriate use
• Strong knowledge of residential property underwriting and home construction
• Specific experience underwriting high net worth, and, hurricane-exposed homeowners risks
• Robust knowledge of homeowners and residential flood insurance forms, common coverages and exclusions
• Strong analytical skills, comfort with excel and more sophisticated BI tools

“Nice to have’s”

• Direct experience reviewing individual property risks
• Experience working with E&S forms and programs
• Familiarity with Lloyd’s, the California homeowners market and / or wind market