Job Information
Moody's Analytics INC Director, Product Manager - Severe Weather - 7647-6c0a1c in Hoboken, New Jersey
Location(s): Waterfront Corporate Center Building II, 121 River Street, 12th Floor, Hoboken, New Jersey, 7030, US 7 World Trade Center, 250 Greenwich Street, New York, New York, 10007, USLine Of Business: RMS(RMS)Job Category: Product DevelopmentExperience Level: Experienced HireAt Moody's, we unite the brightest minds to turn today's risks into tomorrow's opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are-with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways.If you are excited about this opportunity but do not meet every single requirement, please apply! You still may be a great fit for this role or other open roles. We are seeking candidates who model our values: invest in every relationship, lead with curiosity, champion diverse perspectives, turn inputs into actions, and uphold trust through integrity.Moody's is the world's leading provider of analytics and decision science solutions for the quantification and management of catastrophic risks throughout the world. As pioneers in the development and application of advanced statistical and numerical modeling methods, we produce the most detailed and comprehensive models of natural catastrophes and their impacts. Our clientele spans several hundred entities, including insurance and reinsurance companies, brokers, banks, hedge funds, regional and local governments, and multilateral agencies.In response to the escalating financial impact of Severe Convective Storm (SCS) events, which are becoming increasingly frequent and severe, our team of scientists is at the cusp of introducing a revolutionary class of models for both SCS and Winterstorm (WT) risk. These models are meticulously designed to address the open challenges faced by the market, setting a new standard in the industry. To complement this groundbreaking work, we are seeking to bolster our Model Product Management team by inviting a highly talented individual to lead the scientific and business success of our new North America SCS and WT models. The position is full time, at Director level and ideally based in US or London. Some business travel will be required.The Model Product Management team plays a crucial role in defining products used by the (re)insurance and financial industry to quantify catastrophe losses and manage exposure portfolios. The ideal candidate will possess expert knowledge in SCS and WT perils, a deep understanding of the insurance and risk management landscape, and experience in product management processes. This role offers an exciting opportunity for those passionate about applying scientific and engineering-based methods in business applications and keen on blending technical expertise with a product management role. While concentrated on North America SCS and WT perils, the role necessitates close collaboration with Product Managers of other perils.Responsibilities:Champion Moody's RMS SCS and WT solutions in front of the technical market.Be an active contributor to the Moody's RMS climate vision & strategy alongside a team of exceptional product leaders.Conduct market research and competitive analysis to inform SCS and WT product vision, strategy, and roadmaps.Align product goals with business objectives and evaluate industry trends in SCS and WT risk management for strategic advantage of the product.Define product features and manage the product backlog by prioritizing customer needs and collaborating with cross-functional teams.Define key performance indicators and use data-driven insights to track product performance.Analyze customer needs and behaviors to guide product improvements.Communicate product updates, train relevant teams on new features to ensure internal and external alignments.Collaborate with stakeholders and manage partnerships to align product strategy with business goals and market needs.Drive active projects in partnership with the model development team.Oversee go-to-market activities for new models and model updates.Extend vision, strategy, and roadmap into new and emerging risks and markets.Experience/Skills Required:10+ years of experience in the re/insurance industry, with comprehensive knowledge in key functions such as underwriting, enterprise risk management, portfolio management, risk modeling, or their combinations.Profound understanding of the analytics driving decisions in the insurance and financial services industries, serving a diverse customer base including insurance, reinsurance, brokers, ILS funds, governments, and regulatory agencies worldwide.Deep understanding of NatCat-related natural processes with particular focus on atmospheric science, observational data, weather modeling, loss modeling, model enhancements.Product mindset, fully aligned on the success of the product and objectives needed to ensure success of the product.Demonstrated capability to leverage state-of-the-art science and cutting-edge technology, including AI, to develop practical solutions in collaboration with high-performing modeling teams.Business-oriented, with a zeal for technology and discovering new revenue opportunities and strategies to enhance market presence, offering more than just technical solutions.Dynamic leader and decision-maker with the ability to energize the product-related team.Quick learner adept at synthesizing ideas, information, and options into strategies, plans, or responses, and effectively communicating them.Excellent written and oral communication skills in a business environment, with a proven track record of prioritizing, organizing, and delivering on commitments.Experience in product management, particularly for model or software products, is a significant advantage.PH.D. in Science or Engineering preferred.Nice to haves:Familiarity with SaaS and PaaS concepts, including service quality metrics, customer engagement metrics, and understanding of big data technologies and data analytics platforms.Hands-on experience in building horizontal or market vertical analytical products.Annual base salary gross Applicable to Lithuania candidates: The base salary range represents the low and high end of the Moody's salary range for this position. Actual salaries will vary and will be based on various factors, such as candidate's qualifications, skills, and competencies. The salary is one component of Moody's total compensation package for employees. Other rewards and benefits include the following: Medical, Personal Accident, Life Insurance and Time Off.Moody's is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.Candidates for Moody's Corporation may be asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.For more information on the Securities Trading Program, please refer to the STP Quick Reference guide on ComplianceNetPlease note: STP categories are assigned by the hiring teams and are subject to change over the course of an employee's tenure with Moody's.Moody’s Corporation is a Government contractor subject to the Vietnam Era Veterans’ Readjustment Assistance Act of 1974, as amended by the Jobs for Veterans Act of 2002, 38 U.S.C. 4212 (VEVRAA), which requires Government contractors to take affirmative action to employ and advance in employment: (1) disabled veterans; (2) recently separated veterans; (3) active duty wartime or campaign badge veterans; and (4) Armed Forces service medal veterans.VEVRAA Federal ContractorWe Request Priority Protected Veteran and Disabled Referrals for all of our locationsPlease contact Donna Hutchinson, Assistant Vice President, Talent Attraction for any questions regarding this listing.