Underwriting Asst. Product Manager

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Job Title:
Underwriting Asst. Product Manager
Ford Motor Credit Company

Job Description
Position Overview/Description:

Ford Motor Credit Company, LLC. Is seeking an Assistant Product Manager to join our team. This position is best suited to someone with strong Property & Casualty insurance industry experience. The ideal candidate will be an experienced insurance professional with a strong understanding of the P&C business including compliance, regulations, industry knowledge, development and reading of contracts.

This position will be located in Dearborn, MI.

  • Acquire a deep understanding of Ford Credit Insurance Operations including The American Road Insurance Company’s products, programs, operations and corporate governance
  • Develop documentation of various products and processes to assist with future education of department employees
  • Participate in day to day management of products, services and associated processes as assigned
  • Complete analysis of product or program results; identification of trends, opportunities, issues and corrective actions where applicable
  • Assist with product pricing and policy language reviews
  • Understand internal and external customer relationships on various products
  • Learn the regulatory environment monitoring captive insurance companies as well as internal compliance processes
  • Complete industry research on competitive products and services
  • Create and present select product or program updates to senior management
  • Partake in procedure reviews and updates where required
  • Integrate Six Sigma methodology for improved process efficiency and reduction in costs
  • Participate in vendor management and applicable reviews
  • Identify and implement applicable Operational Identifiable Comments (OICs) and corrective actions
  • Support international product managers in development and oversight of insurance programs
  • Lead and/or act as a subject matter expert (SME) on special projects as required

Job Requirements:
Basic Qualifications:
  • Bachelor’s degree
  • 5+ years of Property & Casualty insurance industry experience

Preferred Qualifications:
  • 7+ years of Property & Casualty insurance industry experience in underwriting OR compliance and/or product management / product development
  • Experience in P&C insurance claims handling and compliance is highly preferred
  • Knowledge of Captive Insurance Company requirements and standards is a plus
  • Self-motivated and strong drive for results
  • Excellent leadership behaviors
  • Strong analytical and problem solving skills
  • Ability to effectively manage multiple tasks in a timely manner and prioritize workload
  • Ability to identify and implement process improvements and cost reductions
  • Excellent communication (oral and written) and presentation skills
  • Knowledge of P&C industry regulations and processes beneficial
  • Experience in manuscript policy development and interpretation also helpful

The distance between imagination and … creation. It can be measured in years of innovation, or in moments of brilliance. When you join the Ford team discover all the benefits, rewards and development opportunities you’d expect from a diverse global leader. You’ll become part of a team that is already leading the way, with ingenious solutions and attainable products – and it is always ready to go further.

Candidates for positions with Ford Motor Company must be legally authorized to work in the United States on a permanent basis. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.

Ford Motor Company is an equal opportunity employer committed to a culturally diverse workforce. All qualified applicants will receive consideration for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability status or protected veteran status.