Job Description
As our Manager, Product Development, you will provides expertise, manages the product development team, and leads all projects for new and existing product development. They serve as a member of the management team; and contribute to the development of corporate strategy and future planning.
WHY YOU’LL WANT TO BUILD WITH US
Well, because Sandbox really is a sandbox — a giant playground for grown-ups who want to laugh, be creative, work dynamically, and take on new opportunities. No matter who you are, Sandbox is an extraordinarily welcoming and giving place! Like, extra-extraordinarily. And it’s all because of our people.
On top of our incredible culture and amazing people, we also offer a bunch of awesome perks, like:
- Payday Perks: Competitive annual salary!
- Level Up: Tons of opportunities for professional development – on us
- Health & Wellness: Great benefits for you and your family, like dental and health and wellness spending accounts
- Vacation Goals: Annual paid vacation time, so you don’t have to put your travel dreams on hold
- Best of Both Worlds: A hybrid work program, when applicable
- Bonus Days: A paid, Earned Day Off (EDO) every three weeks. That’s like 17 extra vacation days a year!
- Parking: Free electrified parking at our head office
- Community Care: Two paid days a year to volunteer for causes that matter to you (on company time!)
- Ride into the Sunset: DC pension plan, and what’s even better—we match 6% of contributions
DIVE IN AND MAKE A SPLASH EVERY DAY BY:
- Manages the day-to-day operations of the product development team by providing clear leadership and direction and monitoring key performance metrics.
- Develops a high functioning team; provides support in recruitment, training, work assignments, professional development, and performance management of product development staff.
- Under the direction of the Chief Growth Officer, responsible for the development, maintenance, enhancement, and implementation of insurance products, including writing/revising policy wordings, drafting proposals, and creating other relevant documents such as application forms, and questionnaires. Manages performance of departmental internal controls.
- Conducts industry research and analyzes competitors’ products and wording changes to ensure comprehensive information is available to support product development decisions.
- Performs analysis of existing products to identify enhancement opportunities and form product development recommendations supported by data and customer driven insights.
- Participates in the establishment of product pricing and risk selection criteria to achieve the company’s mix of business targets and underwriting profitability objectives.
WHAT YOU BRING TO SANDBOX:
- Education: A Fellowship Chartered Insurance Professional (FCIP) designation.
- Experience: Five or more years underwriting experience in the property & casualty insurance industry or extensive equivalent insurance experience; three or more years demonstrated experience in a product development function and three or more years supervising high performing teams.
- Product development acumen: Demonstrated experience in completing high quality research and analysis and a strong understanding of and experience in insurance product development.
- Insurance Wizard: Extensive knowledge of insurance underwriting principles and practices, business processing operations and the impact of underwriting on the business of insurance.
- Financial acumen: A good understanding of how underwriting profitability impacts overall corporate results and capital requirements.
- Project planning skills: Project management and coordinating skills with the proven ability to handle multiple tasks and make decisions in a rapidly changing environment.
- Developing others: Practices a ‘hands-on’ approach when directing employees and empowers employees to be successful through training, developing, and coaching.