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Selective Insurance

Personalized insurance solutions via independent agents

Manager Innovation

Corporate StrategyUpdated on Nov 10
Full-time

About the Job

Requirements

  • Anticipate and respond to customer expectations and needs.
  • Apply advanced analytical skills to identify structure and assess key issues involved in validating strategic opportunities.
  • Have business consulting, corporate development, branding, or innovation experience, including developing new products, services, and solutions to business problems.
  • Lead proof-of-concept solutions focused on client validation to ensure proposed solutions meet customer requirements.
  • Demonstrate teamwork and cross-functional leadership skills.
  • Communicate clearly, synthesize insights and recommendations, and develop logical business cases and presentations for internal and external stakeholders.
  • Onboard and manage innovation-related partnerships.
  • Think strategically, apply analytical and critical-thinking skills, and deal with ambiguity.
  • Grow and scale the business across strategy, operations, business development, partnerships, and/or product.
  • Define problems and develop solutions.
  • Perform category assessment, competitive analysis, future-growth projections, financial modeling, and revenue forecasting for potential initiatives.
  • Lead and cultivate a customer-centric approach using design-thinking principles, including ideation, prototyping, testing, and feedback, and tools such as journey maps and prototyping tools, to facilitate problem-solving sessions.
  • Have a college degree in business, technology, or a related field; this is preferred.
  • Have strong critical-thinking, project-management, and planning skills.
  • Have 8 or more years of related work experience in innovation.

Responsibilities

  • Align closely with strategic research and insights, provide continuous feedback, leverage and communicate insights, and source new concepts into the innovation lifecycle.
  • Collaborate with Corporate Strategy to identify priority innovation domains and maintain ongoing dialogue about insights from internal innovation efforts.
  • Lead strategic efforts related to InsurTech-focused venture-capital partners by engaging potential vendor partnerships in priority areas, evaluating and presenting recommended relationships to business partners, and handling other partner matters as needed.
  • Direct organic and inorganic innovation activities; maintain a transparent pipeline aligned with strategic priorities; and direct initiatives through the plan, explore, deploy, and scale phases of the innovation lifecycle.
  • Collaborate with business partners to identify innovative use cases based on business priorities; keep the pipeline visible and explain solution rankings; engage in concept design and iteration; run pilots and proofs of concept to assess viability; plan deployment and scaling of multiple viable concepts; and evaluate success and adjust course when necessary.
  • Communicate innovation program status and outcomes, and work within company frameworks such as the Enterprise Project Management Office and Product Model to ensure program visibility and progress.
  • Partner with external parties, where appropriate, on co-creation innovation efforts.
  • Drive innovation across the organization; oversee a dedicated group, train members in innovation methodologies, hold the group accountable for generating and advancing concepts, and equip the broader organization with tools for innovation.
  • Contribute to the innovation communication strategy to inform, engage, and motivate employees to embrace and pursue innovative ideas.
  • Mentor and train junior colleagues in innovation methodologies and development.

Desired Qualifications

  • Have related work experience in a property and casualty insurance environment.
  • Have 2 or more years of experience in a technology-heavy digital consumer product or platform company.

About the Company

Selective Insurance

Personalized insurance solutions via independent agents

Selective Insurance provides personal and business insurance solutions tailored to each customer’s needs. It works with independent agents to assess coverage requirements and delivers policies through those partners, backed by unique programs, products, and value-added services that help protect what matters most. Unlike some competitors that offer one-size-fits-all plans, Selective focuses on highly personalized coverage built with input from independent agents, ensuring customers get a policy that fits their lifestyle. The company’s goal is to give customers peace of mind through a highly personalized insurance experience and to support communities by offering thoughtful, customized protections.

Company size
1,001-5,000
Company stage
IPO
Headquarters
United States
Founded
1926

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