Join our dynamic Product Management team as a Model Product Manager, where you'll play a crucial role in shaping the future of North American peril models. This position offers a unique opportunity to drive the scope, monitor the execution and facilitate the implementation of cutting-edge models. You'll be at the forefront of bringing these complex and interdisciplinary models to market, ensuring a customer-focused approach throughout the process. If you're passionate about innovation and thrive in a collaborative environment, this is the perfect role for you!
To be successful in this role you will:
Engage with clients to understand their technical and business needs.Consistently provide a client perspective to multi-year model development projects.Work with key stakeholders to manage the goals, scope, and launch of the model.Coordinate the release and drive adoption of the model in market.Collaborate with large, cross-functional groups to continually gather feedback.The successful candidate will have demonstrated experience in the insurance or risk management industry. Specifically, we are looking for a Product Manager with a strong weather, geoscience, or engineering background who can blend their technical expertise with an understanding of the insurance industry. As a bonus, you will have the opportunity to work with diverse teams composed of some of the brightest minds in the industry.
About You and How You Can Excel in This Role
3+ years of experience developing or working with catastrophe modelsDemonstrated track record of engaging in long-term, complex projectsComfortable collaborating on cross-functional teamsAbility to balance participation in multiple projects simultaneouslyExcellent presentation skills, including the ability to articulate complex topics in a concise and easily understandable wayProduct Management experience is desiredBS Degree in a STEM field (Master’s degree a plus)
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About the Day to Day Responsibilities of the Role
Perform market research on adoption and usage of existing model versions.Conduct thorough business analysis for proposed models and initiatives, including cost/benefit estimates, market trends, competitive analysis, risk analysis, industry best practices, and product development timelines.Develop a business case for new models and ensure the scope of updates aligns to the diverse needs of our existing and prospective clients.Contribute insight to the development of our model development roadmap and strategy to ensure it is current and relevant for the needs of the market.Collaborate with the research and model development teams to understand how the latest science can address market needs and translate the into specific model scope requirements.Foster close relationships with all key stakeholders.Work closely with other Verisk business units that have adjacent solutions that serve the same markets as our models and collaborate on go to market plans.Work with marketing to maintain close oversight of market analysis, competitive intelligence to develop and provide model positioning responses to customer needs and market opportunities.Drive the collection of feedback on released models and upcoming model updates.Collaborate with the Consulting, Client Services, and Regulatory teams to ensure collected feedback is leveraged to guide future updates and regulatory approvals of models.Participate in conferences, seminars, webinars and client meetings.