• Digital Product Manager

    Job Locations US-CT-Farmington
    Job ID
    # of Openings
    Product Development
  • Overview

    The Company


    Arch Re is a well-capitalized, leading diversified insurer that focuses on supplying significant capacity to the global reinsurance marketplace. We have the worldwide reach, agility and resources to support ceding companies capitalizing on changing market conditions and new opportunities in various lines and geographic areas around the globe. Our business strategy keeps operational controls tight and costs low, helping to maximize efficiencies for our broker partners. A subsidiary of Arch Capital Group Ltd., Arch Re has been recognized by clients around the globe for providing expert underwriting, skilled claims management, outstanding service and world-class product offerings.


    Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Arch offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company.


    The Position

    The Arch Re Fac Product management team has responsibility over all systems and the EDW consumed by Arch Re Facultative business unit as well as solving human and business problems with new technology. This role has oversight to drive the product strategy, product roadmap development, and market delivery/operation of the product offering.


    The Digital Product Manager will work closely with Business management and the rest of the Arch Re Fac product management team and to effectively execute project initiatives not limited to EDW expansion, vendor products, in-house products, analytic initiatives, digital web/mobile initiatives and enterprise technologies. The candidate will be an experienced dynamic, multidimensional professional who is strategic, technology savvy, and skilled in both project strategy and operational efficiencies. This person should be able to make decisions in a fast-paced, deadline-driven and rapidly changing environment.


    Job Responsibilities

    • Lead the product vision and strategic development process for Arch Re Facultative to include project roadmap development and periodic review processes
    • Perform market research, market validation and whitespace analysis to identify new opportunities for existing and new features and functionality
    • Foster close relationships with key market constituents to validate project strategy and roadmap
    • Deeply understand the business case for proposed products and initiatives in assigned business segment, including cost/benefit estimates, market trends, competitive and risk analysis, industry best practices and product development timelines
    • Prepare business case (financial/ROI) analysis to quantify & determine the value to the company of a current or potentially new system/application, tracking always to a budget.  
    • Plan, prioritize, and manage the product features and requirements from conceptual stages through product life cycles to optimize revenue and meet operational, financial and corporate objectives demonstrating strong understanding of the business needs.
    • Collaborate with the engineering, development and project management teams to ensure consistent execution of project/product plans following established software development methodology and processes that result in delivery on time within budget. Partner with business and technical teams to plan and prioritize system release and specific release content
    • Engage business partners and development teams to develop and execute action plans to address gaps
    • Mentor other team members to accomplish results; provide training 


    Desired Skills

    • Broad understanding of synthesizing qualitative and quantitative data to drive decisions for building best in class systems and processes
    • Experience delivering enterprise class software products for a national multi-cultural audience
    • Strong understanding of product lifecycle development and technologies utilized in the industry and the ability to see their impact
    • Ability to convey technical concepts in a clear, understandable way while overcoming internal barriers and negotiate resource constraints to produce successful business driven initiatives
    • Demonstrated knowledge of digital channels and platforms (e.g., web, mobile, client PC, partner products, social, video)
    • Relevant experience working with 3rd party vendors to deliver results

    Required Education/Experience 

    • Bachelor’s Degree in Business, Management Information Systems, Computer Science or related field
    • 7 to 10 years’ experience in Reinsurance or related business environment
    • Experience with product centric IT and agile methodologies


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