We’re hiring a Product Manager, Pricing in Columbus, OH

Update:
We're excited that you're interested in Root. In order to maintain a great candidate experience while most of our folks are working from home, we've decided to pause hiring for the time being. We welcome you to apply, and if it's a great fit, we'll reach out when we start to ramp up hiring again. In the meantime, our Candidate Experience Team is working hard to optimize our existing workflows to set us up for additional scale once the situation settles down.


The Position.
Providing customers the right price is core to our business model. Most insurance companies trudge through the process, tweaking plans at a snail’s pace. At Root, we update our pricing constantly, leveraging data science-based models and nimble technology to maximize premium growth with loss performance. Product managers in the insurance operations space are responsible for this important, yet difficult task. If not handled strategically, updating prices leads to a trade-off between growth and profit - the understanding of which requires the use of precise tools in favor of blunt instruments.
 
To this end, we believe in leveraging structured, rigorous thinking guided by the scientific process to create products that customers love and benefit the company’s bottom line. Although this process takes longer, long-term profitability and customer loyalty matter more to us than short term gimmicks that erode customer trust.
 
As a product manager, you will own product ideation and execution for one of our pricing teams.

What You'll Be Doing:

  • Pricing Product Areas of Focus: Insurance Product R&D, Insurance Product Implementation, Telematics, Pricing Efficiency
  • Work with Product Director to build strategy from the ground up for your area of focus 
  • Create, manage, and adapt product roadmap to meet quarterly objectives/KPIs 
  • Lead a team of engineers to drive the full product life cycle, spanning ideation, design, implementation, testing, and iteration
  • Break down work into weekly sprints and ensure team meets execution goals
  • Build out analytics capabilities and perform ongoing and ad-hoc analysis to assess product performance and extract new product insights
  • Collaborate with key business stakeholders in actuarial, data science, compliance, and customer conversion departments
  • Leverage market expertise to build a competitor database for product benchmarking

What We're Looking For:

  • 3+ years of business experience; 2+ years of product experience
  • Business experience in insurance, financial services, data driven technology companies, or similar preferred; insurance related certifications (CAS, SOA, CPCU) a plus
  • Product domain expertise spanning the discovery, planning, and product development process; deep understanding of customer-centric or insurance product practices
  • Strong technology background and proficient in SQL; familiarity with Postgres databases, JQL, and Ruby on Rails a plus
  • Bachelor’s degree in quantitative fields such as Engineering, Mathematics, Actuarial, etc.
  • Highly analytical; excel at leveraging customer research and analytics to drive product decisions
  • Superior problem-solving skills with ability to think strategically and innovatively
  • Detail oriented; ability to multi-task and prioritize projects
  • Roll-up-the sleeves work ethic and “do-what-it takes” attitude to efficiently execute and drive for results in a fast-pace work environment
  • Excellent written and verbal communication skills
  • Proven ability to thrive in a results-driven, fast-pace work environment
  • Exceptional leadership skills; naturally collaborative, excelling at influencing without direct authority

Get in touch

Finding the right people to help us build Root is a top priority. Whether you would like to explore the possibility of working together or simply learn more about the position, we’d love to hear from you!

Apply now
Who we are
Root Insurance is the nation’s first licensed insurance carrier powered entirely by mobile. We were founded on the belief that the services you need for everyday life should serve you better. That’s why we base insurance coverage on you, not your demographic. It’s the way insurance should be. And it’s all conveniently in an app.

What draws people to Root
We’re a venture-backed technology company. Our early success is in large part due to our unwavering standards in hiring. We recognize that our product is only as good as the people building and promoting it. We look for individuals who find solutions by going through the cycle of ideation to implementation with curiosity, rigor, and a highly analytical lens. Ask anyone who works here and you’ll hear similar reasons for why they joined:

Autonomy. For assertive self-starters, the opportunities to contribute are limitless.

Impact. By challenging the way it’s always been done, we solve problems that have a big impact on our business.

Collaboration. We encourage rich discussion and civil debate at every turn.

People. We are inspired by the collection of crazy-smart people around us.

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