Director of Insurance Product

Summary

The job is for a Director of Insurance Product at Pumpkin, a company that provides veterinary care for cats and dogs. The role involves managing pet insurance offerings, driving business growth, and leading a team of actuaries and data scientists. The position is fully remote with some travel (~15%).

Requirements

• 10+ years of insurance underwriting experience within property & casualty (P&C) or accident & health (A&H) insurance product management
• 5+ years in progressive management roles, with experience guiding cross-functional teams including actuaries, underwriters, and data scientists
• Proven track record of successfully developing and launching profitable insurance products that meet regulatory requirements
• Experience with DOI filing processes and navigating complex regulatory landscapes
• Expertise in risk assessment and profitability analysis, with a history of optimizing product performance
• Bachelor's degree in insurance, actuarial science, mathematics, risk management, economics, finance, accounting, or related field
• Insurance licenses or designations such as CPCU, ARM, ASLI, or AU

Responsibilities

• Create and own Pumpkin’s pet insurance product strategy and manage existing insurance product life cycle, in collaboration with the carrier, while ensuring compliance, effectiveness and profitability of insurance product operations
• Direct and lead policy development for various distribution channels, with a strong focus on assessing market, customer and vet needs, as well as risk factors and ability to effectively impact loss ratio
• Leverage data and analysis to provide critical business insights, strategies and solutions
• Maintain a strong understanding of industry trends and competitor analysis for current and future market developments
• Guide analyses utilizing modern statistical modeling and application in insurance pricing and risk selection

Preferred Qualifications

• Pet insurance experience
• Experience working for both carriers and MGAs

Benefits

• The compensation for this position ranges from $145,000- $180,000 (annually)
• Compensation may vary outside the listed range, based on a number of factors including but not limited to location, qualifications, performance, skills and experience
• The compensation range listed is just one component of Pumpkin’s total compensation package for employees
• Total compensation packages, depending on the position, may also include incentive compensation, discretionary bonuses, and other short or long-term incentives