Description

Our Commercial Lines Product Management team is seeking an innovative, collaborative, and proactive Specialty Product Manager to join a high-performing group of dedicated professionals. In this role, you'll have the opportunity to drive product strategy, influence market positioning, and deliver solutions that make a real impact for our customers and partners. If you thrive in a fast-paced environment, enjoy solving complex challenges, and want to be part of a team that values creativity and results, this is your chance to make your mark.

At The Hanover, we believe that diverse perspectives drive innovation and success. That's why we're committed to creating an inclusive, equitable workplace where every professional can thrive.

We know the modern world demands flexibility, and we're reimagining how work gets done. This role offers the freedom to choose what works best for you—whether that's a hybrid schedule or being fully remote. Ideally, you'll be located near one of our Hanover offices, with occasional travel to a local office as needed.

If you're looking for a career that values your individuality, supports your growth, and gives you the flexibility to balance life and work, we'd love to have you on our team.

We believe that diverse perspectives make us stronger, and

we encourage all qualified candidates to apply.

This is a full time, exempt role.

POSITION OVERVIEW: Our Commercial Lines Product Management Organization is seeking a Specialty Product Manager who provides leadership, support, guidance, and expertise to facilitate the development, maintenance, and implementation of product development in Commercial Lines. This Product Manager role will specialize in the Management Liability Executives lines, focusing on Financial Institutions (including Asset Managers, Investment Advisors, and Banks - Private and Public). The Product Manager supports the strategic operations as well as the overall profitability, growth, and retention of their assigned product line by delivering industry leading, market competitive product offerings.

This role supports key strategic functions pertaining to the assigned line of business, including strategic product development and support, market research and analysis, and product maintenance, delivery, and compliance. The Product Manager will work collaboratively with others on matters related to product, underwriting and compliance, including but not limited to: Business Units, Claim, Legal, Corporate Underwriting, Actuarial, IT and Compliance.

IN THIS ROLE, YOU WILL:

• Lead the development, design and maintenance of Executive Lines coverage forms and associated rules across an assigned line of business for both admitted and non-admitted use.
• Monitor and analyze regulatory and judicial environment to remain compliant in writing states. Conduct and monitor market research and competitive analysis efforts for the assigned product and line of business.
• Work collaboratively with Business Units and Corporate Underwriting to establish and support line strategies within Business Insurance.
• Develop filing strategies and manage State Department of Insurance objections and inquiries, as necessary.

WHAT YOU NEED TO APPLY:

• Bachelor's degree or equivalent experience
• 3-5 years of Specialty insurance experience with working knowledge and experience in product; or any combination of education and experience, which would provide an equivalent background.
• Demonstrates thorough understanding of business insurance products, contracts, forms, coverage, and regulatory environment.
• Advanced leadership skills, innovation skills, initiating skills, organization, and time management skills.
• Excellent oral and technical writing communication skills as well as attention to detail .
• Advanced ability to comprehend and communicate intent of product strategies, underwriting strategies, and inter-relationships with coverage.

• Strong ability to influence strategic decisions that support corporate goals.
• Superior interpersonal skills which align with Hanover's CARE values .

This job posting provides cursory examples of some of the job duties associated with this position. The examples provided are not complete, and the position may entail other essential and job-related functions and responsibilities that employees will be required to perform.

CAREER DEVELOPMENT:

It's not just a job, it's a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you - at every level - to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you'll enjoy what you do and have the support you need to succeed.

Benefits include:

• Medical, dental, vision, life, and disability insurance
• 401K with a company match
• Tuition reimbursement
• PTO
• Company paid holidays
• Flexible work arrangements
• Cultural Awareness Day in support of IDE
• On-site medical/wellness center (Worcester only)
• Click here for the full list of Benefits

EEO statement:

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law."

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:

To view our privacy policy and online privacy statement, click here .

Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here .

Compensation:

The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.
Requisition #: 41519

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