Product Development Specialist (Manager)
Remote (USA)

About the Role:
Sproutr LLC is looking for an experienced commercial Product Development Specialist to support new product innovation and growth.
Sproutr is a new, first of its kind underwriting and product building firm who exists to accelerate and support insurance-focused companies and Insurtechs in need of “builder” skills. We are subject-matter experts in our respective disciplines and look to use that experience in a more integrated, holistic manner.
At Sproutr, we bring our deep industry expertise to support start-up, early venture, and growth-stage insurance-focused organizations during their build-out phase. We ARE who founders call to create the insurance assets needed to design, incubate, and accelerate their teams’ vision. Above all, we are the insurance practitioners the industry trusts to deliver innovative approaches to products and ideas.
You will be a part of building across different projects at various stages of our clients’ evolution without the pressure of start-up flash. We are insurance veterans who LOVE insurance; looking to clear the path for insurance entrepreneurs.
As we pursue these goals, it remains essential to us that we show-up for our clients and each other in accordance to our values which are: be generous with knowledge, lead from the front, lean with “yes”, and see beyond. At Sproutr, you will be joining a team of professional, supportive industry experts with diverse backgrounds and a shared passion to deliver on our mission to redefine the standards in insurance program design and simplify the process of bringing regulated products to market.
We are looking for a self-described and motivated insurance nerd who has proven, technical insurance skills wanting to tilt their practical underwriting experience towards the next generation of underwriting in the Insurance/Insurtech space.
The ideal candidate is someone who genuinely wants to advance the insurance industry by applying their experience in new ways. You will be joining a company designed to launch new insurance products/programs.
This role reports to the Team Lead.
What you’ll do:
Use your expertise to author, draft, revise new commercial insurance coverage forms, endorsements, exclusions, notices and content used to educate policyholders
You will manage the day-to-day work of the projects and outcomes of assigned to you
Perform required research, product discovery, and continual learning to support drafting coverages to support profitability for the clients’ program/product lines
Ensure the intended underwriting intent is articulated in the policy language
Translate written underwriting guidelines into implementation-friendly form language and/or rules
Conduct compliance research as part of the product development function, including identifying compliance boundaries and drafting solutions to satisfy them
Work with cross-functional team members to put the pieces together; such as actuary, data modeling, sales, coverage counsel, operational and technical product management / engineering
What you bring to Sproutr:
You know the difference between a short-cut and short-term solution
You conduct yourself ethically, always
You possess the ability to filter out the noise to avoid “analysis paralysis”; you can focus on what matters and move forward
You have a high standard of what “good” looks like; the deliverable represents you and the company
You are highly detail-oriented and organized
You understand how to deploy the insurance tools available to influence profitability – you bring your learnings for others to benefit
You have experience with multiple lines of business
Your experience has come from doing, not just watching others
You don’t need prompting to collaborate with internal colleagues and clients
You are resourceful and can develop solutions creatively
You are patient, emotionally intelligent, and flexible when life happens around you
Qualifications:
Commercial lines product development, compliance, product management or form authoring experience
Experience with Commercial Property, Casualty, and/or Specialty lines
Experience developing admitted and non-admitted regulatory environments
Tangible results and track-record
Project management and governance
Coverage language drafting experience
Legal, underwriting, program management, (insurance) product development, product management or a business analyst background
Operational mindset, you know how the pieces fit together
Proficient in Microsoft Word or other product authoring programs
About Sproutr:
Sproutr LLC exists to help founders, distributors, carriers, venture capital firms realize new insurance opportunities by delivering the tangible insurance assets needed to deliver products and programs thru experienced insurance practitioners with “doer/builder” skills to de-risk incremental innovation.
The founder has successfully led insurance business units and underwriting and product teams for Fortune 500 insurance Companies as well as holding executive positions within unicorn Insurtechs.
Compensation:
This position will be eligible for company benefits in accordance with Company policy. We offer a competitive total rewards package including medical, dental and vision, disability coverage along with a broad range of supplemental benefits including 401k Retirement Plan, and more. This information is intended to be a general overview and may be modified by the Company due to business-related factors.
Sproutr values work-life balance with a remote-first work environment, flexible work hours and generous time off.
Applicants must be authorized to work in the US as we are unable to sponsor.
Sproutr is an equal opportunity organization.