Hallmark

Hallmark

Product Director, Personal Lines

Dallas · Director

Sponsorship not specifiedDetected 34 days ago
Data AnalysisCustomer SupportLeadershipCommunicationCollaborationProblem SolvingOrganizational SkillsUnderwriting

About the role

  • The product director's primary responsibility is managing profit and loss for specific states and line of business assignments.
  • Uses rate making tools, such as rate indications, product distribution reports, retention analysis, claims severity reports and on level rate relativity reports to increase written premium and profit margins.
  • Essential Duties and Responsibilities include the following.

Responsibilities

  • Provide senior leadership and field with regular assessment of financial results and both lag and lead indicators of future performance. Recommend and implement corrective actions to improve results.
  • Build productive relationships with independent distributors to promote the use of the company's products; influenced by relationship, trust, ease-of-doing business and financial incentives.
  • Develops and suggests changes to rate specs, revision processes, marketing communication, implementation and roll-out that support ease of use and revision effectiveness.
  • Partner with IT for program development.

Requirements

  • Initiates insurance filings and, as required, supports and defends basic rating decisions with state regulators.

Compensation

  • Work closely with cross-functional team members to develop and execute business plans, including creation of annual growth, retention and profit forecasts.

Benefits

  • Develop and maintain underwriting guidelines and policy coverage language.

This listing is sourced directly from Hallmark's careers page and normalized into a canonical job model.