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Senior Product Manager

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

The Senior Product Manager will be responsible for strategy and execution for the FAST policy administration system. The role requires interaction with internal teams to build features and functionality, guiding the configuration and launch of insurance products, and working with potential clients to describe capabilities and meet client needs.

  • Create & maintain a product & capability roadmap
  • Work in collaboration with internal teams, including IT and other teams, to deliver capabilities
  • Foster client engagement through relationship-building efforts. Coordinate in-person visits and teleconferences to gain client input on and share knowledge with respect to Verisk products and services
  • Further Verisk’s position as thought leader by speaking and leading the team writing about Verisk products, services and industry trends. Research and develop topic- and line-specific presentations and articles; collaborate with Law Department and Verisk Marketing teams as appropriate.
  • Mentor your team and other less experienced staff as necessary, with regard to insurance-related topics and/or Verisk internal systems and workflow.

Qualifications

  • 5 years of experience as a Product Manager
  • Prior experience launching insurance products on a policy admin system
  • Experience working with clients to meet their needs
  • Exposure to the full lifecycle of insurance from distribution to claims

#LI-MB1

#LI-Hybrid

Additional Information

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

 

Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disabilityVerisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/ 

 

 

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What You Should Know About Senior Product Manager, Verisk

At Verisk, we believe in helping our clients see new possibilities and inspiring change for better tomorrows, and we're looking for a Senior Product Manager to join our dedicated team in Jersey City, NJ. In this role, you'll take the reins of the FAST policy administration system, guiding its strategy and execution while collaborating with our brilliant internal teams to develop outstanding features and functionality. Your efforts will directly influence our clients' experiences, as you work closely with them to showcase our analytic solutions and tailor offerings to their needs. You'll enjoy maintaining a robust product and capability roadmap while engaging meaningfully with clients through visits and teleconferences. But it doesn't stop there—your leadership will shine as you mentor your team and write about industry trends for Verisk. This role is central in helping us maintain our position as an industry thought leader. With at least five years of experience under your belt, you're likely well-versed in launching insurance products and navigating the full insurance lifecycle. Your expertise in fostering client relationships, combined with an understanding of insurance workflows, will drive our mission forward. If you're looking to make a significant impact in a company recognized as a Great Place to Work, then Verisk could be the perfect match for you. Join us in translating big data into big ideas and help shape a more resilient future.

Frequently Asked Questions (FAQs) for Senior Product Manager Role at Verisk
What are the main responsibilities of a Senior Product Manager at Verisk?

As a Senior Product Manager at Verisk, your main responsibilities include strategizing and executing the FAST policy administration system, collaborating with internal teams to build features, and guiding the launch of insurance products. You'll also engage with clients to understand their needs and tailor offerings, while maintaining a product roadmap and contributing to thought leadership within the industry.

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What qualifications are required for the Senior Product Manager role at Verisk?

To qualify for the Senior Product Manager position at Verisk, candidates should have at least five years of experience as a Product Manager, with a proven track record of launching insurance products and engaging with clients. Familiarity with the full lifecycle of insurance from distribution to claims and strong interpersonal skills are also essential.

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How does the Senior Product Manager at Verisk collaborate with clients?

The Senior Product Manager at Verisk fosters client collaboration by building strong relationships, organizing in-person visits, and leading teleconferences. These engagements enable you to gain input on Verisk's products and services, ensuring that client needs are met effectively.

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What growth opportunities exist for a Senior Product Manager at Verisk?

At Verisk, a Senior Product Manager will find numerous growth opportunities, including the chance to mentor less experienced staff, take part in industry presentations, and contribute to thought leadership. The company's commitment to professional development ensures that you'll continually enhance your skills and industry knowledge.

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What makes Verisk a great place to work for Senior Product Managers?

Verisk is recognized as a Great Place to Work for its outstanding workplace culture, offering flexibility, support, and training necessary for career success. The environment encourages innovation, inclusivity, and diversity, making it an inspiring atmosphere for Senior Product Managers to thrive.

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Common Interview Questions for Senior Product Manager
Can you describe your experience with launching insurance products?

When discussing your experience with launching insurance products, focus on specific examples highlighting your role in the process, the challenges you faced, and the successful outcomes. Be prepared to discuss methodologies you used and any teamwork with other departments that contributed to the success of the launch.

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How do you prioritize features in a product roadmap?

In answering this question, emphasize your approach to prioritization by discussing the criteria you use, such as client feedback, business impact, and technical feasibility. It’s vital to illustrate how you balance the needs of various stakeholders while ensuring alignment with the overall product strategy.

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How do you build and maintain client relationships as a Senior Product Manager?

When addressing this question, share strategies you've used to build lasting client relationships, such as regular check-ins, understanding their needs, and offering tailored solutions. Highlighting any successful engagements can showcase your ability to add value as a Senior Product Manager.

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What methods do you use to conduct market research for product development?

Discuss your methods for market research, including how you gather data, analyze competitors, and seek client insights. Demonstrate that you take a systematic approach, leveraging both qualitative and quantitative data to shape your product development strategies.

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Could you describe a challenging project you've managed and how you handled it?

Share a specific example of a challenging project, focusing on the obstacles you faced and the actions you took to address them. Highlight your problem-solving skills and how you ensured project goals were met, along with any lessons learned from the experience.

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How do you communicate technical concepts to non-technical stakeholders?

In your response, emphasize the importance of clarity and relatability. Share techniques you use to simplify complex topics, such as using analogies, visuals, or even practical examples that resonate with your audience. Effective communication is key in a Senior Product Manager role.

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How do you keep yourself updated with industry trends?

Indicate the resources you use to stay informed about industry trends, such as forums, trade publications, webinars, and professional networks. Sharing your proactive efforts to remain knowledgeable shows your commitment as a Senior Product Manager at Verisk.

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How do you handle feedback from team members or clients?

Discuss your approach to receiving and acting on feedback, emphasizing your openness to constructive criticism and how you use it to improve your work. Providing an example of how feedback led to positive changes in a project can illustrate your adaptability and collaborative spirit.

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What do you consider the most important skills for a Senior Product Manager?

Identify key skills you believe are essential for a Senior Product Manager, including leadership, analytical thinking, and effective communication. You could also mention expertise in understanding client needs and market demands, illustrating how these contribute to a successful product strategy.

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Why do you prefer working at Verisk?

When discussing why you want to work at Verisk, highlight the company's reputation, commitment to innovation, and focus on creating meaningful solutions. You could also mention their recognition as a great workplace and your enthusiasm for contributing to a mission that enhances resilience in businesses and communities.

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To be the leading strategic data, analytics and technology partner to the global insurance industry by delivering value to our clients through knowledge, expertise and scale.

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Full-time, hybrid
DATE POSTED
December 13, 2024

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