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Insurance Product Manager - Lead

Company Description

Citizens is pleased to offer this opportunity in the Jacksonville, FL area. At Citizens, we’re building a workforce of top achievers committed to our company’s mission and vision. Our company values the knowledge that comes from experienced and dedicated individuals with a variety of backgrounds, in or out of insurance.
Citizens’ Mission is to provide property insurance protection in Florida to those who are, in good faith, unable to obtain coverage through the private market while also providing the utmost in customer service. Our Values are public service, integrity, respect, responsiveness and sound judgment. We strive to not only provide affordable insurance products and services but also to provide sound financial responsibility to the citizens of Florida.
At Citizens, we are a team of dedicated, service-minded professionals committed to our policyholders. Come achieve and maximize your potential with us!

Job Description

This position is responsible for managing all operational aspects of a portfolio of contracted vendors. Duties include the management of contracts, communications, performance, competitive solicitations, and project management for vendors.

Job Duties:

Models’ ethical behavior and executes job responsibilities in accordance with Citizen’s core values, ethics, and information protection policies.

Manage a portfolio of contracted vendors, which may include oversight of up to one hundred firms. Develop annual strategic plans and goals for vendor categories within managed portfolio. Responsible for oversight of multiple firms for licensing, contracts, credentials, and performance management. Serve as project lead coordinating program implementation and implementation of operational enhancements. Visit select vendors’ corporate locations for relations, business development, and audit purposes.

Analyze vendor performance to evaluate compliance with contractual obligations, quality assurance and service levels provided to Citizens. Facilitate monthly operational conference and web calls and quarterly performance reviews. Conduct operational roundtables and performance reviews with vendors and Citizens’ staff to document and communicate opportunities for improvement to senior management team. Responsible for performance management related communications and implementation of corrective actions, as necessary. Utilize Citizens’ systems for reporting and monitoring performance measures and communicating trends, as well as alerts to Citizens’ management and vendors.

Serve as project lead in coordinating competitive solicitation projects for vendor categories within managed portfolio. Handle Request for Proposal (RFP) collaborating with procurement until completion of review process.

Partner with internal departments to produce training materials and programs to facilitate the delivery of training both internal and external, as related to vendor responsibilities and expectations. Manage communications involving support requests, program announcements, and operational questions from vendors. May coach, counsel, or train less-experienced staff, may also direct the work of others, may provide input in the performance management, goal setting and review processes.

Knowledge Required:

Knowledge of negotiation ploys and tactics that meet organizational needs.

Knowledge of solving complex problems through analytical approaches.

Knowledge of web conferencing tools.

Proficiency in MS Office.

Knowledge of principles, practices, and procedures for the unit.

    Qualifications

    Skills & Abilities Required:

    Excellent oral and written communication skills.

    Ability to make presentations to groups of twenty-five or more.

    Relationship development skills in the area of vendor management, sales, or customer service.

    Relevant Experience Required:

    5 or more years of contract or vendor management experience (a master’s degree and three years of vendor management experience may substitute for the five or more years) 2 or more years of project management experience.

    Education Required:

    High School Diploma | GED

    Bachelor’s Degree OR 3 years relevant experience, OR a combination of college education and relevant experience equivalent to 3 years.

    Other Certifications | Licenses Required:

    1. Subject to value of contracts under management, must attend State of Florida Department of Financial Services training and / or must obtain Florida Certified Contract Manager designation; and (2) subject to the assigned functions of the position, must obtain Florida Certified Contract Negotiator designation.

    Preferred Experience: 

    • Seven or more years of contract or vendor management experience 

    • Four or more years of project management experience 

    • Formal training in project management principles and practices 

    • Related professional work experience within the property and casualty insurance industry 

    • Business unit specific experience (e.g., underwriting, claims, information technology) 

    • For insurance operations roles, experience managing independent adjusting firms, appraisal firms, insurance restoration firms, or expert services 

    • For information technology roles, experience managing contracted firms, business process outsourcing service providers, software service providers, or information services firms. Understanding of the ITIL foundation principles and COBIT processes. 

    • Knowledge of State of Florida procurement laws and contract monitoring requirements 

    • Experience working in an iterative service delivery environment, including Agile, Scrum, Kanban, and Lean 

    • Relevant procurement or contract management certification such as Certified Professional in Supply Management, Certified Purchasing Manager, Certified Commercial Contract Manager, Certified Professional Contract Manager, Certified Public Procurement Officer, or Certified Professional Public Buyer

    What percentage of time is accountable for short-term operational goals? 40%

    What percentage of time is accountable for transactional, day-to-day operational support? 60%

    What percentage of time is accountable for long-term strategic planning? 0%

    Physical Requirements:

    Occasional - Move, Traverse, Operate, Activate, Use, Prepare, Inspect, Place, Detect, Position, Ascend/Descend, Work Atop, Transport, Position, Put, Install, Remove, Travel

    Frequent: Stationary position, Position self (to), Move

    Continuous: Communicate, Detect, Converse with, Discern, Convey, Express oneself, Exchange information, Detect, Determine, Perceive, Identify, Recognize, Judge, Observe, Inspect, Estimate, Assess

    • Relocation Assistance is available for this position.
    • Visa sponsorship is not available for this position. 
    • Selected candidates must live within a commutable distance (approximately 50 miles) to Citizens Jacksonville or Tallahassee Office
    • Talent Acquisition Partner – Tammie Moore
    • #LI-TM1
    • #LI-Onsite

    Additional Information

    We offer unlimited career potential, excellent training and development opportunities, and a structured Career Development program to explore future roles of interest while growing and developing in your existing role.
    Citizens offers a competitive compensation and benefits package that includes comprehensive medical/dental, Retirement Savings Plan, Vacation and Sick Time, EAP, Tuition Reimbursement, Community Service and much more!
    Retirement savings plan with a generous company match
    Medical, dental and vision coverage
    Company Paid employee basic life insurance and short-term disability
    Generous paid time off: vacation, sick and holiday leave
    Employee Assistance and Wellness Programs
    Tuition reimbursement
    Professional and leadership development opportunities
    Company Paid Parking
    Employee recognition programs
    Relocation assistance (where applicable)
    Community and volunteering opportunities
    Casual dress
    Citizens is proud to be an Equal Opportunity Employer.
    Visa sponsorship is not available for this position.
     

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    CEO of Citizens Property Insurance
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    Tim Cerio
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    Average salary estimate

    $80000 / YEARLY (est.)
    min
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    $70000K
    $90000K

    If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

    What You Should Know About Insurance Product Manager - Lead, Citizens Property Insurance

    If you're a driven professional with a knack for vendor management, then the Insurance Product Manager - Lead position at Citizens could be the perfect fit for you. Located in beautiful Jacksonville, FL, you'll join a team of dedicated individuals committed to providing affordable insurance solutions to those who need it most. In this pivotal role, you'll manage all operational aspects of a diverse portfolio of vendors, ensuring performance meets our high standards. You'll be responsible for everything from contract management to performance reviews, taking the initiative to drive operational enhancements along the way. Your day-to-day will involve analyzing vendor performance, leading project implementations, and fostering strong relationships as you visit select vendors in person. Your communication skills will shine here, with opportunities to facilitate conference calls and training programs. With a requirement of 5+ years of contract management experience, you’ll leverage your analytical skills to solve complex problems and navigate the intricacies of Florida's procurement laws. Citizens takes pride in supporting you as you grow your career while helping us fulfill our mission of a trustworthy insurance provider. So, if you’re ready to take charge as an Insurance Product Manager - Lead and help shape the future of insurance offerings in Florida, we’d love to have you on board!

    Frequently Asked Questions (FAQs) for Insurance Product Manager - Lead Role at Citizens Property Insurance
    What are the primary responsibilities of an Insurance Product Manager - Lead at Citizens?

    As an Insurance Product Manager - Lead at Citizens, your main responsibilities include managing a portfolio of contracted vendors, overseeing contract compliance, and ensuring high performance standards. You'll also facilitate training programs and lead project initiatives that enhance operational efficiency.

    Join Rise to see the full answer
    What qualifications are required to become an Insurance Product Manager - Lead at Citizens?

    To qualify for the Insurance Product Manager - Lead role at Citizens, candidates should have at least 5 years of contract or vendor management experience. A bachelor’s degree is needed, along with project management experience and proficiency in MS Office. Advanced certifications in contract management are preferred.

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    How does Citizens support the professional growth of an Insurance Product Manager - Lead?

    Citizens is committed to your professional development by offering structured Career Development programs, excellent training opportunities, and leadership development resources to help advance your career within the organization.

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    What is the work culture like for an Insurance Product Manager - Lead at Citizens?

    Citizens promotes a work culture grounded in integrity, respect, and collaboration. As an Insurance Product Manager - Lead, you will work alongside a team of service-minded professionals who are passionate about their roles and committed to providing top-notch insurance services to Floridians.

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    Does the Insurance Product Manager - Lead position at Citizens offer relocation assistance?

    Yes! Citizens offers relocation assistance for this position, making it easier for qualified candidates relocating to Jacksonville, FL to join our dedicated team.

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    Common Interview Questions for Insurance Product Manager - Lead
    How do you prioritize tasks when managing multiple vendors as an Insurance Product Manager?

    I prioritize tasks by assessing the criticality of each vendor's performance on overall project outcomes. I would utilize a matrix to rank vendors based on performance metrics, deadlines, and compliance requirements to ensure that I’m addressing high-impact areas first.

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    Can you describe your experience with contract negotiation?

    Absolutely! In my previous roles, I've led numerous contract negotiations by preparing thoroughly, understanding the needs of both parties, and leveraging negotiation tactics to achieve win-win outcomes while maintaining organizational interests.

    Join Rise to see the full answer
    What strategies do you use to evaluate vendor performance?

    I utilize a comprehensive approach that includes regular performance reviews, tracking key performance indicators (KPIs), and conducting compliance audits. This helps identify areas for improvement while ensuring that service levels meet contractual obligations.

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    How do you ensure effective communication with vendors?

    I maintain open channels of communication by scheduling regular updates and operational roundtables. Using tools for web conferencing and collaboration greatly enhances engagement and keeps everyone aligned on objectives and performance expectations.

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    What experience do you have in project management as it relates to vendor management?

    I have over two years of project management experience, where I successfully led initiatives involving vendor onboarding and performance enhancements. I relied on Agile methodologies to adapt plans as needed, ensuring timely delivery.

    Join Rise to see the full answer
    Can you provide an example of how you handled a challenging vendor relationship?

    Certainly! I once dealt with a vendor who was underperforming. By conducting a thorough performance review and engaging in honest communication, we identified underlying issues and worked collaboratively to create a performance improvement plan.

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    Describe your familiarity with Florida procurement laws.

    I have researched and become well-versed in Florida's procurement laws during my previous roles. Understanding these regulations ensures that the processes I lead remain compliant while optimizing vendor engagement and contract executions.

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    How would you coach a less-experienced colleague in vendor management?

    I believe in a hands-on mentoring approach. I would first guide them through the fundamental principles of vendor management, then provide opportunities to shadow me in meetings and gradually involve them in negotiation and performance review processes.

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    What tools or software do you use for performance monitoring?

    I regularly utilize analytical tools and software such as MS Office for data reporting, CRM systems for tracking vendor interactions, and specialized software designed for contract management and monitoring performance metrics.

    Join Rise to see the full answer
    Why do you want to work as an Insurance Product Manager - Lead at Citizens?

    I am passionate about the insurance industry and admire Citizens' mission of protecting families in Florida. Joining a team that values integrity and community service aligns with my career goals, and I see significant potential for professional growth in this role.

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    Efficiently provide property insurance protection in Florida to those who are, in good faith, entitled to obtain coverage through the private market but are unable to do so, while also providing levels of customer service that are comparable to th...

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