Product Specialist, Personal Lines

As a Product Specialist, Personal Lines at Gore Mutual, you'll be responsible for executing strategic product and pricing initiatives, conducting consumer research, and collaborating with various teams. Your role will include monitoring the existing product portfolio, completing underwriting filings, developing policy wordings, and providing subject matter expertise to IT for underwriting projects. You'll also analyze data and communicate key findings to influence strategic decisions.

To be successful as a Product Specialist in Personal Lines at Gore Mutual, you should have at least 5 years of experience in the Property and Casualty (P&C) Insurance industry and ideally hold a CIP designation (or be working toward one). A post-secondary education is also required, along with strong analytical and problem-solving skills, proficiency in MS Excel, and excellent communication abilities.

The hybrid work model at Gore Mutual allows Product Specialists in Personal Lines to enjoy flexibility and collaboration. By spending two days a week in the vibrant office located in Cambridge, Ontario, you'll reap the benefits of in-person teamwork and brainstorming sessions while also having the autonomy to work from home on other days. This approach not only enhances productivity but also fosters a healthy work-life balance.

In the role of Product Specialist, Personal Lines at Gore Mutual, you'll utilize tools such as MS Excel for data analysis, alongside various third-party software to support product and pricing initiatives. You'll collaborate with Data & Analytics partners to monitor portfolio performance and leverage technology for system improvements. Familiarity with these tools will enhance your effectiveness and efficiency in executing your responsibilities.

At Gore Mutual, there are ample opportunities for professional development for a Product Specialist in Personal Lines. The company supports ongoing learning and encourages employees to pursue further qualifications, such as the CIP designation. Additionally, you'll gain exposure to various internal teams, which will enhance your skills and broaden your understanding of the insurance sector while contributing to your career advancement.

In your answer, outline your relevant background, focusing on any roles you've held that relate to product development, pricing strategies, and consumer research. Be sure to highlight specific projects or achievements that showcase your understanding of the P&C Insurance landscape and how they align with the responsibilities at Gore Mutual.

Your response should demonstrate your analytical skills and methodologies. Discuss how you gather market data, analyze consumer trends, and utilize this information to inform product decisions. Mention any tools or frameworks you use to structure your analysis to drive effective results.

When responding, describe a specific instance where you had to present intricate data or findings to stakeholders. Focus on your process for breaking down complex information into understandable insights and the positive impact that communication had on decision-making or project outcomes.

Discuss your experience with tools like MS Excel and any other relevant software you have utilized. Provide examples of past analyses you've conducted, emphasizing your proficiency and comfort level in using these technologies to support product development and pricing initiatives.

Share a specific challenge related to product management, highlighting the context, your approach to addressing it, and the outcome. Focus on your problem-solving and critical-thinking skills that were instrumental in navigating the situation.

Your answer should reflect your understanding of how product management interacts with broader business objectives. Discuss strategies you have employed to align product goals, such as regular communication with leadership, stakeholder involvement, and continuously assessing market needs to guide decision-making.

Explain your familiarity with regulatory requirements in the insurance industry and how you've ensured compliance in product development or pricing. Provide examples of how you have navigated regulatory filings and contributed to meeting compliance standards in past roles.

You may mention various methods for staying informed, such as engaging in professional networks, attending industry conferences, participating in webinars, or reading relevant publications. Emphasize your proactive approach to professional development and knowledge growth.

Discuss specific project management techniques you employ, such as prioritization, time management, and effective communication with team members. Highlight any project management tools you've used to keep your tasks organized and on track.

In your response, convey your knowledge of Gore Mutual's mission and values and how they resonate with your career aspirations. Explain what excites you about the opportunity to contribute to their innovative approach to mutual insurance and how your skills and experience align with the role.