About the Business
LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Insurance vertical, we provide customers with solutions and decision tools that combine public and industry specific content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efficiency. Our insurance risk solutions help drive better data-driven decisions across the insurance policy lifecycle – all while reducing risk. You can learn more about LexisNexis Risk at the link below. https://risk.lexisnexis.com/insurance
About our Team
At LexisNexis Risk Solutions, we are innovators, passionate about challenging the status quo and improving outcomes. We do this through industry-leading predictive analytics to help insurance carriers manage risk, uncover opportunities and create real customer relationships. We also do this through community involvement and developing our employees. An important component of our organization’s success is our product strategy is to EDUCATE the insurance industry about our data transparency and how our solutions benefit the majority of insurance consumers. As a member of the team, the Product Consultant will have the opportunity to work, strategize, prioritize, and ultimately recommend ways to educate the insurance industry – externally and internally.
About the Role
As a Product Consultant you will spearhead the transformation of our current Insurance Solutions Platform into a cloud-native, no-code solution that consistently exceeds customer expectations. You will lead a cross-functional team, leveraging your strategic thinking, technical expertise, stakeholder management, and impact measurement skills. Your mission is to identify and implement scalable platform capabilities that enable teams to accelerate product speed to market. This role also includes direct management responsibilities for product managers.
Responsibilities
Engaging regularly with internal and external customers to gain a deep understanding of their use cases, businesses, and competitive landscapes. Balancing organizational needs, creating strategic plans, predicting customer segment trends, and identifying how each segment defines and perceives value.
Establishing aggressive KPIs for the team to measure success.
Prioritizing hypothesis-driven product evaluation strategies, including AB testing for interactive products, while contributing to broader data-analyses strategies and platforms.
Breaking down complex issues into manageable components for effective resolution, and guides teams in decision-making even when quantitative data is limited.
Ensuring team is effectively following product and software development processes, including agile processes.
Managing the ongoing life cycle responsibilities. Research cross-vertical, continuum expansion or product enhancement opportunities, if warranted
Managing existing products that result from strategic partners and providers, including joint ventures and subsidiary relationships and projects
Establishing metrics and feedback loops to quantify the impact of platform initiatives. Utilizing internal feedback and usability testing to measure efficiency and time-to-market improvements for teams utilizing platform services.
Developing go to market strategy and launch plans for the platform and associated products through coordination with stakeholders across product, sales, marketing and other customer facing teams.
Ensuring ROI for go to market strategy, including efficiency goals.
Evangelizing Insurance Solutions Platform for sales, internal customers, and external customers.
Defining and articulating the Insurance Solutions Platform strategy.
Gathering a wide range of information from internal and external sources to drive commercially viable decisions for the product and organization.
Understanding how commercial decisions for a product platform impact other areas of the business and customer.
Tracking and analyzing platform expenses, cost to revenue and profitability.
Overseeing the strategy, planning and execution.
Requirements
Have a minimum 8+ years of product management experience.
Demonstrate a deep understanding of technical concepts, including APIs, no-code, cloud, etc., to effectively guide the development of technical platform.
Possess a unique background and/or expertise as a technical product manager and be capable of serving as a technical resource for other teams.
Demonstrate expertise in emerging technologies for data and analytics.
Possess a Bachelors or Masters degree in a technical field (Computer Science or Engineering discipline) is preferred.
Foster relationships through collaboration and teamwork
Demonstrate a results-oriented approach with a focus on achieving and exceeding goals.
Experience with SQL, dashboarding and\or technical background required.
PMP certification is preferred.
Learn more about the LexisNexis Risk team and how we work here
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At LexisNexis Risk Solutions, having diverse employees with different perspectives is key to creating innovative new products for our global customers. We have 30 diversity employee networks globally and prioritize inclusive leadership and equitable processes as part of our culture. Our aim is for every employee to be the best version of themselves. We would actively welcome applications from candidates of diverse backgrounds and underrepresented groups.
We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law. We are committed to providing a fair and accessible hiring process. If you have a disability or other need that requires accommodation or adjustment, please let us know by completing our Applicant Request Support Form: https://forms.office.com/r/eVgFxjLmAK , or please contact 1-855-833-5120.
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