Senior Insurance Product Manager, Portfolio & Pricing Strategy

Job description

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America. We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands. Doubtless Pet Insurance – North America (Formerly IPH) is seeking a Senior Product Manager, Portfolio & Pricing Strategy . As a Senior Product Manager, Portfolio & Pricing Strategy at Doubtless Pet Insurance - North America, you will play a critical role within the Product Center of Excellence (CoE), leading the performance, profitability, and strategic direction of a portfolio of pet insurance products, including Pet’s Best, Embrace, and Pet Partners, Inc. (PPI). This role serves as the business owner of portfolio performance, responsible for identifying and executing strategies that optimize growth, profitability, retention, and competitive positioning across brands, distribution channels, and market segments. Leveraging analytics, market intelligence, actuarial insights, and customer performance data, you will develop strategic recommendations that influence product, pricing, underwriting, and distribution decisions. Collaborating closely with Underwriting, Actuarial, Data Science, Marketing, and Growth teams, while partnering with MGA organizations and their Operations, Distribution, and other key teams, you will evaluate portfolio performance, assess emerging opportunities and risks, and develop initiatives that drive sustainable, profitable growth. The ideal candidate combines strong insurance expertise with a deep understanding of portfolio management, pricing strategy, predictive analytics, and business performance management. Experience utilizing GLM outputs, data science models, and profitability analysis to influence business strategy is strongly preferred. Job Location: Remote – USA or Hybrid in Chicago, IL or New York, NY with a strong preference for Hybrid candidates. Main Responsibilities: Portfolio Strategy & Profitability Management Own the financial and strategic performance of assigned portfolios, proactively identifying opportunities to improve growth, profitability, retention, customer lifetime value, and overall portfolio economics. Evaluate portfolio trends, customer behavior, emerging risks, and market conditions to inform pricing, underwriting, segmentation, product configuration, and distribution strategies. Partner with senior leaders to establish objectives, performance targets, and strategic initiatives, and lead portfolio reviews that communicate performance drivers, risks, and recommendations. Pricing & Analytical Leadership Leverage GLM outputs, actuarial analyses, predictive models, and customer analytics to drive portfolio strategy and identify profitable market opportunities and customer segments. Evaluate pricing performance and assess the business impact of proposed pricing, underwriting, product, and distribution changes in partnership with Actuarial and Underwriting teams. Develop business cases, financial models, scenario analyses, and KPIs, translating complex analytical findings into actionable recommendations for senior leadership. Market Intelligence & Competitive Strategy Maintain a deep understanding of the pet insurance marketplace, competitive landscape, consumer trends, and regulatory developments. Analyze competitor products, pricing, underwriting practices, and market positioning to identify opportunities to strengthen competitiveness, customer value, market share, and long-term growth. Cross-Functional Leadership & Business Partnership Partner across Actuarial, Underwriting, Data Science, Finance, Product Operations, Compliance, and MGA teams to drive portfolio performance and profitability initiatives. Serve as the business lead for portfolio strategy, aligning stakeholders on priorities, implementation plans, forecasting, and strategic planning through data-driven recommendations and executive communication. Product Development & Lifecycle Support Support the evaluation, prioritization, and implementation of product enhancements, coverage changes, innovation opportunities, and new product launches that improve portfolio performance. Partner with Product Operations and Delivery teams to define requirements, provide profitability expertise throughout the development lifecycle, and evaluate post-implementation results for ongoing optimization. Regulatory & State Management Partner with Product Operations, Compliance, and Legal teams to support regulatory filings, product implementations, and ongoing compliance activities. Success in This Role After the First 12 Months: Establish a deep understanding of the Pets Best, Embrace, and PPI portfolio performance drivers. Deliver actionable portfolio strategies that improve profitability, growth, retention, and customer value. Influence key pricing, underwriting, segmentation, and distribution decisions using advanced analytics and business insights. Partner effectively across Product, Underwriting, Actuarial, Data Science, and Distribution teams to execute strategic initiatives. Deliver measurable improvements in portfolio performance through data-driven recommendations and strategic action plans.requirements, customer value, and business performance objectives. Basic Qualifications: Bachelor's degree in Business, Economics, Finance, Mathematics, Insurance, Analytics, or a related field. 5-8+ years of experience in insurance portfolio management, product management, pricing, actuarial, underwriting, or business analytics. Strong understanding of insurance profitability drivers, pricing methodologies, underwriting principles, and portfolio management concepts. Experience analyzing product performance and developing strategies that improve financial outcomes. Ability to interpret and apply data science, actuarial, and predictive modeling outputs to business decisions. Strong financial, analytical, and problem-solving capabilities. Advanced proficiency in Excel and performance analytics tools. Excellent communication, presentation, and stakeholder management skills. Preferred Qualifications: Experience in pet insurance, personal lines, or specialty insurance products. Experience working with MGA and carrier business models. Familiarity with GLM modeling and pricing methodologies. CPCU, ACAS/FCAS, ARM, MBA, or similar professional designation. Experience supporting rate filings, pricing initiatives, or regulatory implementations. #LI-Remote #LI-Hybrid All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following: Comprehensive full medical, dental and vision Insurance Basic Life Insurance at no cost to the employee Company paid short-term and long-term disability 12 weeks of 100% paid Parental Leave Health Savings Account (HSA) Flexible Spending Accounts (FSA) Retirement savings plan Personal Paid Time Off Paid holidays and company-wide Wellness Day off Paid time off to volunteer at nonprofit organizations Pet friendly office environment Commuter Benefits Group Pet Insurance On the job training and skills development Employee Assistance Program (EAP) Interview Technology Notice: Please note that phone and video interviews or screenings may be recorded and transcribed using interview technology to support our recruitment process. By continuing with the interview, you consent to this use. Text Messaging Notice: If you provide a mobile phone number, you may receive job-related communications via text message. Message and data rates may apply. You may opt out of text communications at any time by replying “STOP.”