Product Manager - ICAT (ICAT#) - Broomfield - job 677172

Marsh and McLennan

Date: 04/08/2021

City: Broomfield, Colorado

Employment type: Full-time

ICAT is seeking candidates for the following position based in Broomfield, Colorado.

Product Manager

What can you expect?

  • To be responsible for key business initiatives which support the overall strategic objectives of ICAT.

  • Oversee the business development and ongoing management of assigned products and territories.

  • The PM is responsible for new product and business case development and definition, implementation of new products and business strategies, and managing the ongoing underwriting quality and profitable premium growth of those products once launched.

What's in it for you?

  • You will have the ability to drive initiatives from initial concept to successful implementation & help develop short and long-range plans that support the development of new product introductions.

  • Be part of the overall project direction, scope and objectives & will be able to help identify resources required and develop an effective implementation.

  • You will be joining a team who works & collaborates closely together across projects.

  • The estimated salary range for this role is from 115K - 155K with the final salary being determined on an individual basis taking into consideration factors such as:

    Candidate’s Experience, Candidate’s Education, and any additional certifications/credentials

  • We are excited to offer the following benefits to all of our colleagues: - Health and welfare benefits - Tuition assistance - 401K and other retirement savings programs - Employee assistance programs – physical, mental and financial

We will count on you to :

  • Conduct strategic planning and provide ongoing leadership over business initiatives & to seek new business opportunities to enhance revenue and profit growth for the Company.

  • Conduct research which may include reviewing financial statements, evaluating competitors, and analyzing business practices. Organize and interpret information to identify meaningful business, industry and market trends resulting in contributions to the development of a new business model, process, or product.

  • Develop and manage annual operating plans to meet underwriting profit and production goals.

  • Establish strategies to address areas of underperformance and consistently monitor and measure the effectiveness of those strategies ongoing.

  • Conduct and lead analysis to assess ongoing performance of assigned products.

  • Ensure compliance with company policies, legal and regulatory requirements, reinsurance, and underwriting standards.

What you need to have:

  • Bachelor’s degree in Business, Finance, Economics, Accounting, Mathematics or related area of study (MBA a plus).

  • A minimum of 4 years of related professional experience within the insurance industry or broader financial market.

  • Able to gather and analyze information, draw conclusions, make recommendations, execute and deliver expected results.

  • Experience providing leadership and direction to cross-functional teams. Creates and fosters strong relationships.

What makes you stand out:

  • Demonstrating initiative and strong work ethic, is resourceful and self-motivated. Possess strong interpersonal skills and is collaborative.

  • Having a high level of business acumen and demonstrated ability to exercise good judgment and make sound business decisions.

  • To be successful in this role you need to possess a strategic mindset, be able to execute effectively and develop and maintain strong business relationships internally and externally.

If you are interested in submitting you application for this opportunity, click apply and follow the steps outlined on each page. Over the course of the application, you will be asked upload a resume, provide some additional information about your work experience and answer some optional demographic questions. If you are a good fit for one of our opportunities, someone from the Marsh & McLennan Talent Acquisition will be in touch to discuss next steps.

Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US $17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.

At ICAT, we have a single goal: help business owners and homeowners recover from a disaster.

Since 1998, ICAT has provided catastrophe insurance coverage to home and business owners throughout the United States. From day one through today, we remain a highly specialized, disciplined underwriter of catastrophe property insurance risk.

ICAT has over 200 employees and serves more than 65,000 customers in 42 states through its online quoting system, and through traditional broker submissions. The ICAT brand offers the promise of "Security, Service, Recovery" to policyholders and brokers in providing insurance solutions to protect against natural catastrophe events. ICAT continues to expand through new products such as its Residential Earthquake product in California, which helps homeowners protect their largest asset in the event of an earthquake.

ICAT underwrites on behalf of a diverse line up of strong carrier partners and Lloyd's of London syndicates. Claims administration services are provided by ICAT's sister company Boulder Claims. Boulder Claims was founded in 2005 and in its short history has successfully adjusted and settled over 23,000 claims, including claims from Hurricanes Charley, Frances, Ivan, Jeanne, Katrina, Rita, Wilma, Dolly, Gustav and Ike. ICAT is based in Broomfield, CO with additional offices in Tampa and Honolulu.

ICAT is owned by The Schinnerer Group. The Schinnerer Group is one of the largest and most experienced underwriting managers of specialty insurance programs in the world. The Schinnerer Group includes Victor O. Schinnerer & Company and ICAT in the United States, ENCON in Canada and other MGA enterprises globally. For more information on ICAT, visit us at:

Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

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