As a general/product manager at Progressive, you will manage the profit and loss (P&L) within a state or territory greater than $80MM on Day 1. Overseeing a team of analysts and product specialists, you will work to profitably grow your business. Reviewing reports and data while aligning with state legislation, you will develop and implement a comprehensive strategy that enhances pricing and policies. You will position our products to meet client’s needs, outperform competitors, build company revenue, and meet key business area goals. In this role, you’ll gain management experience by developing business strategies and leading implementation as you successfully manage your P&L; over time, you’ll have the opportunity to tackle new and exciting challenges in larger states, with P&Ls in excess of $1B.
Locations: Cleveland, OH; Richmond, VA; Sacramento, CA; or Austin, TX.
Expected Start Date: Summer 2024
Must-have qualifications
- Bachelor’s degree or higher in Economics, Finance, Math/Actuarial Science or related field of study (e.g. Statistics) or a bachelor’s degree and experience analyzing and interpreting quantitative data to draw conclusions and make recommendations based on that data
- Minimum of four years of property casualty insurance experience or related experience (e.g. analytical work in a professional setting)
Preferred skills
- Actively pursuing an MBA highly preferred (the ideal candidate for this position will complete their MBA degree by spring 2024 and be able to start full-time summer 2024)
- Demonstrated leadership experience
- Excellent written and verbal communication skills
- Ability to analyze, develop and manage strategies to penetrate competitor markets
- Strong influencing and persuasion skills used to gain support and commitment from others
Compensation
- $130,000 – $142,500/year
- Starting bonus
- Gainshare bonus up to 40% of your eligible earnings based on company performance
- Participation in our restricted stock units plan
Benefits
- 401(k) with a dollar-for-dollar company match up to 6%
- Medical, dental & vision, including free preventative care
- Wellness & mental health programs
- Health care flexible spending accounts, health savings accounts, & life insurance
- Paid time off
- Paid & unpaid sick leave where applicable, as well as short & long-term disability
- Parental & family leave; military leave & pay
- Diverse, inclusive & welcoming culture with Employee Resource Groups
- Career development & tuition assistance
Equal Opportunity Employer
Sponsorship for work authorization for foreign national candidates is not available for this position.