Full-Time

Lead Product Strategist

Commercial Farm & Ranch Insurance

American Family Insurance Group

American Family Insurance Group

10,001+ employees

Property and casualty insurance provider

Compensation Overview

$99k - $167k/yr

+ Annual incentive + Relocation support

No H1B Sponsorship

Madison, WI, USA + 2 more

More locations: Boston, MA, USA | Denver, CO, USA

Hybrid

At least 10 days per month in a Madison, Boston, or Denver office. Relocation support is available for eligible candidates.

Category
Business & Strategy
Required Skills
Agile
Market Research
Product Management
Financial analysis
Data Analysis

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Requirements
  • Demonstrated experience providing customer-driven solutions, support, or service.
  • Demonstrated experience developing insurance product or line-of-business strategies.
  • Extensive knowledge of leveraging customer, market, and competitor intelligence.
  • Extensive knowledge and experience with lean innovation, agile, or other development and innovation approaches.
  • Extensive knowledge of market research and marketplace and regulatory trends.
  • Extensive knowledge and understanding of product design, pricing, and product management.
  • Solid knowledge and understanding of advanced financial and data analysis techniques.
  • Demonstrated experience leading projects in product development and product management.
  • Demonstrated experience with profit and loss accountability.
  • Demonstrated experience driving results in sales, product lines, claims, or other core business functions.
  • Demonstrated experience managing and leading large, complex projects or programs with cross-divisional impact toward intended results.
  • Solid knowledge and understanding of root cause analysis and processes.
  • Ability to work in a hybrid arrangement for a minimum of 10 days per month from a Madison, Boston, or Denver office.
  • Ability to travel up to 10%.
Responsibilities
  • Develop and execute product strategies that support growth, profitability, and customer needs.
  • Identify market opportunities through competitive analysis, customer insights, and industry trends.
  • Define product roadmaps and prioritize initiatives that deliver meaningful business value.
  • Recommend pricing, product, and underwriting strategies to improve portfolio performance.
  • Lead product development initiatives from concept through implementation.
  • Partner across product, underwriting, actuarial, technology, and operations teams to design and deliver solutions.
  • Apply innovation and experimentation techniques to validate ideas and bring new products and enhancements to market.
  • Drive continuous improvement and modernization efforts across the product portfolio.
  • Analyze product performance and identify drivers of growth, retention, and profitability.
  • Evaluate market, customer, and operational data to recommend business actions.
  • Monitor performance against key business objectives and support achievement of profit and growth goals.
  • Participate in rate revision and product enhancement initiatives.
  • Lead complex cross-functional projects and strategic initiatives.
  • Provide guidance and mentorship to less experienced team members.
  • Build partnerships with internal stakeholders and external partners to achieve business objectives.
  • Influence decision-making through data-driven recommendations and business insights.
Desired Qualifications
  • Experience serving in a product role within the farm and ranch insurance industry.
American Family Insurance Group

American Family Insurance Group

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American Family Insurance Group provides property and casualty insurance across personal and commercial lines. It underwrites and administers policies and risk management services through a multiline insurance model. It differentiates itself with a diversified distribution strategy, including acquisitions like Bold Penguin to offer its own products and those of others. Its goal is to grow into a broader, more integrated insurer by expanding access to property and casualty coverage across multiple channels.

Company Size

10,001+

Company Stage

Debt Financing

Total Funding

$300M

Headquarters

Madison, Wisconsin

Founded

1927

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Simplify Jobs

Simplify's Take

What believers are saying

  • 2025 underwriting gain hit $2.6 billion, up from $603 million in 2024.
  • December 2025 Four Lakes Re locked $200 million catastrophe protection through 2028.
  • Bowhead closes in 2026, adding diversification without financing conditions or leverage pressure.

What critics are saying

  • 2025 policies in force fell 11% to 12.1 million, signaling core shrinkage.
  • American Family exited Main Street America Insurance Bonds in February 2026, shrinking product scope.
  • Wildfire, storm, and catastrophe losses drive recurring volatility; Nevada wildfire response shows exposure.

What makes American Family Insurance Group unique

  • Mutual structure supports patient capital; 2025 equity reached $14.3 billion.
  • Bold Penguin expands commercial distribution through competitor-product brokerage and small-business comparison shopping.
  • Bowhead acquisition adds specialty casualty, professional liability, and healthcare liability by end-2026.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Holidays

Student Loan Assistance

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
American Family Insurance
Aug 3rd, 2026
American Family to acquire Bowhead Specialty for $1.2B

American Family Mutual Insurance Company has agreed to acquire all outstanding shares of Bowhead Specialty Holdings it does not currently own for $34.00 per share in cash, valuing the transaction at approximately $1.2 billion. Bowhead is a growing specialty insurance business providing casualty, professional liability, and healthcare liability insurance products. The company operates through two underwriting models: a "craft" model for large, complex risks and a "digital" model for smaller, scalable businesses. American Family has been a minority stockholder and strategic partner in Bowhead since 2020. The acquisition aims to diversify American Family's commercial portfolio and drive sustainable profitable growth. The transaction is expected to close before the end of 2026, subject to regulatory approvals and Bowhead stockholder approval. American Family will fund the purchase through cash and liquid investments on hand.

Global Legal Chronicle
Feb 20th, 2024
Four Lakes Re Ltd.’s US$175 Million Catastrophe Bond Issuance

Conyers, alongside Mayer Brown LLP, advised Four Lakes Re Ltd. on the issuance. Special purpose insurer Four Lakes Re Ltd. announced its new US$125 million Series …

Business Wire
Feb 17th, 2023
Arturo Announces Seed Series Close and Spin-out from American Family Insurance

Arturo, an artificial intelligence powered property analytics startup, announces the close of Seed Series and spin-out from American Family Insurance.

Artemis
Dec 21st, 2022
AmFam raises Four Lakes Re 2022 cat bond target to $125m, pricing at top-end - Artemis.bm

American Family Mutual Insurance Company, or AmFam as it is abbreviated, is hoping to upsize its latest catastrophe bond issuance, with the new Four Lakes

Technical.ly
Sep 24th, 2020
This Week in Jobs, PTW20 Reboot Edition: Get Introduced to your new career

A bonus TWIJ for the all-virtual, mid-Atlantic-spanning Philly Tech Week.