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Product Development Manager Position

Sproutr is looking for an experienced Commercial Product Development
Manager 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 growthstage 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.

 

If the “start-up” culture is (or was) appealing to you but you prefer a less frenzied environment,
Sproutr offers the best of both cultures. 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.

 

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.


WHAT YOU’LL DO:

  • Use your expertise to author, draft, revise new commercial insurance coverage forms, endorsements, exclusions, notices, rule pages and content used to build new insurance programs 

  • 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 

  • Work with cross-functional team members to put optimal programs and products together; such as actuary, data modeling, sales, coverage counsel, operational and technical product management / engineering  

  • Conduct compliance research as part of the product development function, including identifying compliance boundaries and drafting solutions to satisfy them  

YOUR TRAITS:

  • 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 - YOU ARE AN EXPERT AT SEVERAL OF THESE

  • Experience with multiple lines of business within Commercial Property, Casualty or Speciality Lines serving the small and middle market business sector

  • Underwriting, insurance program management, insurance product development, insurance product management, or compliance background

  • Experience working in or supporting MGA/MGU and/or with a Property & Casualty (P&C) carrier, insurance consultancy practice or Insurtech

  • Experience developing products within admitted and non-admitted regulatory environments  

  • Tangible results and track-record 

  • Project management and governance, ability to effectively manage multiple projects with the ability to prioritize high-impact work 

  • Coverage language drafting experience  

  • Operational mindset, you know how the pieces fit together  

  • Microsoft Office Suite, including Teams, Word, Excel proficient, product authoring programs, knowledge of SERFF (System of Electronic Rate and Forms Filing)  


ABOUT SPROUTR


Sproutr 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 derisk 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

 

The compensation plan rewards talented individuals through competitive base pay, rewarding
those demonstrating exceptional performance with additional incentive, and/or merit-based pay.


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.

To Apply please  email us.

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