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Product Manager

Company: Risk Management Solutions (RMS)
Location: Hoboken
Posted on: September 19, 2022

Job Description:

OverviewRisk Management Solutions (RMS) is the world's leading provider of mathematical models and information related to the financial impact of natural catastrophes.We are the pioneers in the development and application of combined statistical and numerical modelling methods for the quantification of catastrophic risk, and our models are the most detailed and comprehensive catastrophe models produced anywhere in the world.Our clients include several hundred insurance and reinsurance companies as well as brokers, banks, asset managers, hedge funds, regional and local governments, and multilateral agencies.The RMS Product Management team is responsible for driving new and existing products, managing them from initial concept to successful delivery and market adoption. These products help insurers better understand catastrophic events and create a more resilient and sustainable risk strategy.The RoleRMS is looking for a Product Manager to be part of its Emerging Risk Models Product Management team to engage in activities that support the development agenda and commercial success of RMS' global terrorism and workers' compensation models.You will collaborate across a wide range of RMS teams to ensure the success of RMS products and initiatives. You will engage with clients and prospects to help define and support these solutions to ensure a view of risk for terrorism and related coverages, as well as for human casualty risk assessment for various perils. In this position you will also own the integration of these existing models with RMS' Intelligent Risk Platform.The ideal candidate for this position will be hands-on, comfortable working with highly technical, cross-functional teams in a fast-paced environment and be very client-oriented. If you're ready to make a difference to RMS and its customers, we would love to talk to you.Key Responsibilities

  • Understand risk management needs related to terrorism and other forms of political violence
  • Discover and prioritize market requirements by engaging directly with clients to understand their business objectives
  • Create and manage the ongoing roadmap for the product
  • Present to and engage in technical discussions with RMS clients and prospects regarding model features, methodology, and usage of models within RMS applications
  • Problem solve to develop solutions to client inquiries that require subject matter expertise
  • Identify new market opportunities
  • Coordinate with RMS product managers of other models, data, and applications to ensure market requirements are addressed
  • Enable the sales team and support sales cycle, and educate other colleagues and stakeholders
  • Coordinate with various other groups including marketing, consulting, support, and documentation teams
  • Present on and evangelize for terrorism and workers' comp models at conferences and events
  • Advocate for product management best practices and product improvements
  • Work with remote and local teams to deliver solutions and support clientsQualifications
    • Bachelor's or higher degree in one of the following disciplines or a related field: natural sciences, mathematics, statistics, physics, engineering, or actuarial science
    • 5+ years' experience in global insurance and reinsurance industry, including some with terrorism and workers' compensation insurance
    • 5+ years' experience in a client-facing, consulting, or analytical role
    • 5+ years' experience working with catastrophe risk models. Experience with terrorism risk models is preferred
    • Exceptional communication, presentation, and written skills
    • Strong analytical, quantitative, and problem-solving skills
    • Deep knowledge of the application of catastrophe models in the insurance industry. Experience with RMS products is preferred, but not required
    • Ability to synthesize product requirements clearly within market and product requirements documents and market requirement documents (PRD & MRD)
    • Ability to collaborate and coordinate with multiple engineering and field groups
    • Willingness to learn new concepts and technologiesAbout RMSThere is a 1% chance an earthquake will cause $50 billion of insured loss within the next 12 months and a 5% chance that a hurricane will cause $60 billion of insured losses next year. At RMS, we turn risks into real numbers. How? By building simulation models that allow insurers and investors to understand and manage their global risks--from hurricanes, quakes, and wildfires, to cyberattacks, terror attacks, and pandemics. Why? We want to build a more resilient world, and we are on a mission to help make every risk known.Insurers, reinsurers, investors, financial institutions, governments, and NGOs trust RMS solutions to better understand and manage catastrophe risks. RMS was founded in 1989 by Stanford scientists who created our first model for California Earthquake. Today, RMS has some 1,300 employees across 13 offices in the US, London, Bermuda, Zurich, India, China, Japan, Singapore, and Australia, and over 1,000 products and models now covering six continents.RMS helped pioneer the natural catastrophe model market we now lead - and we continue to innovate. In May 2019, we announced RMS Risk Intelligence--- (RI), an open-standard platform for strategic risk management. Through this purpose-built platform, clients can tap into RMS HD models, rich data layers, intuitive applications and APIs that simply integrate into existing enterprise systems to support business decisions across underwriting, risk selection, mitigation, and portfolio management.How we understand and manage risk affects everyone and our passion is nothing less than creating a more resilient world through a better understanding of catastrophic events. Join our team of leading scientists, developers, industry experts, and world-class professionals. Together, RMSers make a difference on a truly global scale.Visit RMS.com to learn more and follow us on LinkedIn and Twitter.RMS is proud to be an equal opportunity workplace. We are committed to equal employment opportunity without regard to race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin or ancestry, physical or mental disability, genetic characteristics, sexual orientation, or any other classification protected by applicable local, state, or federal law.RMS is a Moody's company, and as such you must be fully vaccinated for COVID-19 (i.e., at least 2 weeks after last dose) and, if hired, present proof of vaccination on start date, as determined by Moody's.Moody's also provides reasonable accommodation to qualified individuals with disabilities or based on a sincerely held religious belief, in accordance with applicable laws. If you need to inquire about an accommodation, or need assistance with completing the application process, please email accomodations@moodys.com.To all recruitment agencies: RMS does not accept unsolicited agency resumes and will not be responsible for the payment of placement fees related to unsolicited resumes submitted to open positions, job aliases, or to our employees.Applicants residing in Europe: By applying for a job with Risk Management Solutions ("RMS"), including submitting your resume or CV, via the "Careers" section of the RMS website ("Website"), you agree to the use of your Personal Information as described in the Privacy Policy for the Website. Please visit http://www.rms.com/legal. Jobvite assists RMS with submissions of job applications through such "Careers" section of the Website - the "Careers" section is "powered by Jobvite." The information practices of Jobvite are governed by Jobvite's privacy statements. RMS encourages you to review Jobvite's privacy statements, located at www.jobvite.com, to understand their information practices.

Keywords: Risk Management Solutions (RMS), Hoboken , Product Manager, Executive , Hoboken, New Jersey

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