The Automobile Club of Southern California is part of the largest federation of AAA clubs in the nation. We have over 15,000 employees in 21 states helping over 16 million members. With our national brand recognition, long-standing reputation since 1902, and constantly growing membership, we are seeking career-minded, service-driven professionals to join our team.
This manager is expected to be a subject-matter expert in commercial auto and will lead in the development and implementation and launch of a new commercial auto product. You will be responsible for the overall management of a commercial auto product, including monitoring and evaluating profitability, retention, and growth performance and communicating to all areas including senior managers the progress against targeted goals. You will also make recommendations and implement changes to maintain the Auto Club's goals and objectives. Provides strategic direction to execute on short and long-term plans. Oversees and leads projects by working with multiple areas of the organization to ensure the development execution, establishment of goals, and success of all product line initiatives. Regularly makes decisions involving the direction of major projects and implements plans that affect the strategic direction of assigned product line.
Lead the development and implementation of a new commercial auto product which includes development in several areas including actuarial, underwriting and insurance operations
Develop pricing from base rate setting, model building, implementation, to monitoring and maintenance of the rating plan
Responsible for filing and receiving approval for rate and rule plans with the CDI
Leverage industry knowledge to recommend underwriting guidelines that fit our overall strategies
Provide input and recommendations for policy servicing and claims handling
Develops formal presentations and briefs executive management on recommendations
Manages product for effectiveness and leads the development of recommendations to improve product performance in ways that align with enterprise strategies and objectives
Maintains a high level of understanding of economic conditions, regulatory issues, and competitor practices with respect to pricing, products, and marketing within this market
Four-year college degree in marketing, business, management, finance, quantitative or technical field (math, statistics, and computer science) or equivalent combination of education and work experience required.
MBA and/or CPCU preferred.
FCAS or ACAS preferred.
5 or more years of actuarial/product management experience in commercial auto lines required.
Demonstrated experience in project management preferred.
Knowledge / Skills / Abilities
Strong industry knowledge in commercial lines, pricing and product philosophies.
Advanced ability to compile, analyze and interpret statistical data preferred.
Advanced ability to think strategically and transform strategy into actionable plans required.
Advanced ability required to define and lead implementation of new processes.
Requires advanced ability to coordinate and control major projects.
Requires advanced ability to communicate clearly and effectively at all levels - both verbally and in writing.
Requires a high degree of independent decision making and problem-solving skills.
Advanced computer skills with Word, Excel, PowerPoint and Tableau preferred. 'Through dedicated employees we proudly deliver legendary service and beneficial products that provide members peace of mind and value.'