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AVP Product

Location Amelia, United States Job type Full-Time Work mode Hybrid Job level Management & Leadership Job ID 12584 Company American Modern Insurance Group Employment type Regular Area of expertise Operations & Product Management
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American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property – such as manufactured homes and specialty dwellings – and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can’t. We write admitted products in all 50 states and have a premium volume of $2.2 billion.

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.

Purpose:

AVP of Product  is responsible for the strategy, direction, and performance of a specific product line within a pod-based Product Management model. This role drives profitable growth, ensures market competitiveness, and leads a cross-functional team from concept through execution. The AVP of Product translates corporate strategy into actionable product plans and works closely with the VP of Product Management and VP of Product Operations to ensure alignment and operational excellence.

Roles & Responsibilities:

    • Lead the development and execution of product strategy and roadmap for the assigned line of business (e.g., Homeowners, Dwelling, Manufactured Home, etc.)
    • Analyze performance trends, market dynamics, and customer insights to guide strategic decisions
    • Manage product P&L, including rate adequacy, retention, and growth performance
    • Monitor emerging risks and regulatory shifts to adjust strategy as needed
    • Develop or enhance coverage forms and endorsements to support profitability and innovation
    • Support go-to-market planning and alignment with enterprise priorities
    • Lead a multidisciplinary product pod, ensuring coordination across Product Managers, Analysts, and Filing/Configuration support
    • Drive clarity on priorities, deliverables, and timelines; foster accountability and ownership within the team
    • Collaborate closely with Actuarial, Underwriting, Claims, Compliance, Marketing, and IT to implement product changes and initiatives
    • Serve as the primary point of contact for business decisions and performance updates for the line of business
    • Apply product operations standards and best practices to ensure consistency and efficiency
    • Oversee timely and accurate delivery of regulatory filings, rule changes, and system updates
    • Support quality audits and maintain compliance with all relevant state and regulatory requirements
    • Contribute to the evolution of SOPs, tools, and workflows through feedback and insight
    • Mentor junior pod members and support professional growth and cross-training
    • Partner with VP – Product Management to address workforce planning and succession needs
    • Foster a collaborative, high-performance culture aligned with enterprise values

Required Technical Skills:

    •  Experience in Property & Casualty insurance, with demonstrated success in product management, underwriting, or actuarial roles
    • Deep domain expertise in the assigned line(s) of business (e.g., Homeowners, Dwelling, Manufactured Home, etc.)
    • Strong analytical abilities, including a solid understanding of advanced mathematics, statistics, and performance metrics
    • Proven ability to lead, innovate, and make data-driven decisions in support of strategic goals
    • Experience with pricing segmentation, state regulations, reinsurance, policy contract language, underwriting, and product management fundamentals
    • Proficient in Excel and Microsoft Office Suite; familiarity with analytical and visualization tools is a plus
    • Ability to lead cross-functional teams and influence stakeholders at all levels of the organization

Skills / Knowledge / Experience:

Provide overall department leadership and strategic planning. 

Education, Certifications & Designations:

Required: Bachelor’s Degree Business, Finance, Math, Statistics or similar field

Preferred: MBA or similar advanced degree, CPCU and/or FCAS, AINS

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

    • Two options for your health insurance plan (PPO or High Deductible)
    • Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
    • Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
    • Prescription drug coverage (included in your health insurance plan)
    • Short and Long Term Disability coverage
    • Vision and dental insurance plans

In addition to the above insurance offerings, our employees also enjoy:

  • A robust 401k plan with up to a 5% employer match
  • A retirement savings plan that is 100% company funded
  • Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
  • Eligibility to receive a yearly bonus as a Munich Re employee
  • A variety of health and wellness programs provided at no cost
  • A hybrid environment that gives you a choice in where and how you get work done
  • A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
  • An on-site complimentary workout facility as well as walking trails on campus grounds
  • On-site wellness center complete with nurse practitioner
  • Financial assistance for adoptions and infertility treatment
  • Paid time off for eligible family care needs
  • Tuition assistance and educational achievement bonuses
  • Free parking
  • A corporate matching gifts program that further enhances your charitable donation
  • Paid time off to volunteer in your community

At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.  

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Applicants requiring employer sponsorship of a visa will not be considered for this position.

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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