Pricing Manager – Auto Insurance at AMERICAN FREEDOM INSURANCE – Mount Prospect, Illinois

Your Responsibilities

• Manage an assigned auto insurance state(s), ensuring profitability, compliance, and competitiveness when appropriate.
• Align product goals with company objectives and strengths, regulatory requirements, and profitability targets.
• Collaborate with Marketing, Underwriting, Claims, IT, Legal, vendors, etc. to design, price, and implement product features and to support day-to-day operations.
• Maintain effective regulatory relations, prepare and submit product and rate filings via SERFF and overall communicate successfully with insurance departments.
• Monitor and evaluate product performance metrics (loss ratios, retention, premium growth, etc.) and recommend and implement approved adjustments to improve results.
• Conduct competitor and market analysis including securing agent input to identify trends, pricing opportunities, product enhancements, etc. and incorporate into actionable product advancements.
• Develop strong knowledge of and ensure compliance with state requirements and effectively respond to regulatory inquiries.
• Contribute and reply to audits, reviews, and regulatory examinations as a subject-matter expert. Review criticisms and areas reviewed in other insurance carrier Market Conduct Exam reports and ensure AFIC is in compliance with all potential exposures.
• Analyze market trends, competitor activity, and industry developments to identify opportunities for new products, coverages, and enhancements.
• Initiate, lead and/or support projects and initiatives that enhance product development, operations, and/or performance.
• Explore and assess new opportunities to potentially include small commercial automobile coverage, telematics, a new jurisdiction, rideshare, and/or other emerging trends.
• Address other significant company projects.

• Bachelor’s degree in Business, Finance, Insurance, Economics or related field required, MBA preferred
• Minimum 3–5 years of Product Management or related experience, preferably with a focus on automobile insurance
• Excellent quantitative and communication skills
• Strong knowledge of data analysis and visualization tools such as Power BI or Tableau
• Strong analytical and problem-solving skills with attention to detail
• Working knowledge of insurance rate filings and rules
• Effective communication and collaboration skills across technical and non-technical teams
• Proficiency with Microsoft Office Suite; experience with product management tools or regulatory filing systems (e.g., SERFF) is a plus

Benefits:

AFIC offers a competitive salary and a comprehensive benefits package to support you

• Competitive Salary: Rewarding your expertise and experience
• Financial Security: 401K with up to a 6% company match
• Health & Wellness: Choice of Blue Cross Blue Shield PPO, HMO, or HSA plans, Dental and vision coverage, Access to telemedicine services
• Growth/Stability: Over 12 consecutive years of profitable growth, confirmed by A+ Superior rating by A.M. Best
• Work-Life Balance: Monday-Friday, 8 am-5 pm CST, with holiday pay and PTO
• Employee Recognition: We celebrate work milestones to show appreciation for your contributions
• Professional Growth: Paid training, state licensing reimbursement, and opportunities for advancement
• Positive Culture: Enjoy our inclusive holiday events, employee referral bonuses, virtual team meetings, and more