Senior Director, Mobility Insurance Product Management

Company: Liberty Mutual Insurance
Location: Somerville
Posted on: January 18, 2023

Job Description:

Advance your Career at Liberty Mutual Insurance - A Fortune 100 CompanyAre you looking for a position with the ability to leverage the resources of a Fortune 100 company to develop solutions for the future in transportation, emerging mobility and insurance industries? Our LM Mobility Solutions team is seeking a Senior Director I to lead the product development and segment strategy for new mobility insurance products.Consumer preferences and emerging trends in the mobility and auto insurance space are pressuring insurers to adapt. This role is the Product and Segment Strategy lead for Liberty Mutual's Enterprise Mobility Solutions team, which exists to help us stay ahead of and capitalize on the disruption of mobility trends. A key to success in this role will be the ability to understand the needs of our growing portfolio of mobility customers, and to adapt and converge the traditional capabilities of commercial lines and personal lines insurance products to address those needs. Segments in focus include shared economy, ridehail, autonomous vehicles, subscription, peer to peer, goods delivery, micromobility & more.As part of the LM Mobility Solutions team, you will be involved with a top priority cross-business unit initiative creating and deepening our new mobility partnerships. With a number of new mobility products already in market and the portfolio continuously expanding, this role will be responsible for working directly with our partners to align on strategic product opportunities, bringing one or more solutions to market, and optimizing in-flight products and programs. This is a hands-on, high-visibility role where you would manage engagement and communication with stakeholders ranging from executives, to developers, to brokers, and to new mobility partners.Responsibilities for the person in this role include

• Manage a Mobility Product Development Team: Formulate approach and lead the ideation and coordinating to build new mobility solutions across personal, small, and large commercial to meet emerging needs. Directing and developing a team to execute against Mobility strategic initiatives and product objectives
• Develop Segment Strategy: Establishes segment strategy for ridehail, goods delivery, vehicle sharing, subscription, autonomous vehicles and other evolving sub-sectors. Focus is on the intersection of personal and commercial capabilities creating a differentiated advantage. Establishes the strategic segment strategy for New Mobility, including the gameplan, priorities, goals and measures of success and recommends a prioritization of resources to achieve goals
• Autonomous Vehicle Segment and Commercialization Strategy: The Senior Director will be responsible for identifying the needs, conducting research and defining the strategy for the next generation of commercial solutions for fully autonomous vehicles. They will also be responsible for managing a portfolio of initiatives and partners with multiple functions within Liberty Mutual and external companies to execute initiatives
• Evaluate Opportunities to Utilize New Data Streams for New Mobility: Collaborate with internal teams (i.e. Modeling, Economics, Claims, Engineering, etc.) to understand the impact of new data on auto insurance and productize accordingly, e.g. telematics and electric vehicle strategy for platform economy
• Trends and Insights for New Mobility for Assigned Segments: Drive insights, competitive intelligence, manage, coordinate and deliver the emerging mobility trend analyses as well as driving market research and opportunity sizing. Evaluate the impact on our business and developing strategic response plans to capture value and minimize risk / cost
• Mobility Large Deal Project Management: Collaboratively drive program management for enterprise-level jumbo new mobility opportunities. Coordinate beyond product, pricing and coverage aspects as needed. Frequently supplementing efforts with competitive intel, doing client analysis, fielding objections, and helping to develop the deal strategy
• Cross-SBU Navigation: Engage organization across large commercial, small commercial and personal insurance to identify, build and unlock capabilities necessary to meet emerging mobility coverage needs arising from the convergence of mobility trends

Keywords: Liberty Mutual Insurance, Somerville , Senior Director, Mobility Insurance Product Management, Executive , Somerville, Massachusetts