WHO WE ARE

IMT is proud of our heritage and will never forget where our roots are firmly planted. Locally run from its office in West Des Moines, Iowa, IMT has been a Midwest company since it was founded in Wadena, Iowa in 1884. That’s over 140 years!

Today, IMT continues to offer a strong line of personal and commercial insurance products for which it has always been known, along with exceptional service for a competitive price. Our products are offered through Independent Agents throughout a six-state territory – Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin.

MANAGER OF PRODUCT DEVELOPMENT

IMT is hiring a Manager of Product Development to join our Research & Development department. The manager will be responsible for driving the development and management of insurance products, ensuring that IMT products meet market demands and comply with regulatory requirements. This position will report to the Vice President of Research & Development. If you’re interested in learning more about this position, apply online today!

A DAY IN THE LIFE

• Lead the development of all personal and commercial lines products, including new products and enhancements
• Oversee the preparation of rate and form filings and responses to insurance departments
• Oversee the maintenance and creation of company forms and endorsements
• Serve as a technical resource and partner with underwriting in the development of rules and guidelines
• Conduct market research to identify trends and product enhancements
• Ensure product compliance with all applicable laws and regulations
• Collaborates with cross functional teams to launch, improve and deliver upgrades to the company’s portfolio of insurance products
• Develop strong working relationships with field, underwriting, and claim partners to identify product opportunities to maximize profit and growth
• Lead a team of technical and professional staff

DESIRED QUALIFICATIONS

• BS/BA Degree, previous staff management/supervisory experience and/or 7 or more years of insurance related experience, including 5 or more years of compliance, product development or actuarial experience (preferable 7 or more years)
• CPCU required – in lieu of CPCU, an MBA/JD or a MS/MA in a technical or quantitatively oriented field is acceptable
• Basic Microsoft Word & Excel, Adobe Acrobat
• Develop working knowledge of HP Exsteam.
• Actively listens with strong oral and written communication skills
• Understands how to communicate difficult and sensitive information tactfully
• Ability to pay close attention to details and concentrate up to fifty percent of work activities
• Analyze problems and implement solutions
• Maintain basic knowledge of the impact of reinsurance on product design
• Develop or maintain a working knowledge of company policy and loss administration systems
• Comprehensive knowledge of insurance principals and procedures, rating, methodologies, and state insurance regulation and filing requirements
• Understanding of financial principles
• Strong interpersonal skills, ability to negotiate on product and systems development issues
• Must possess the ability to work well with others

BENEFITS & PERKS

IMT Insurance is committed to our employees and their families. When you work for IMT, you earn far more than just a paycheck. The IMT office was new in 2018 and offers a fitness room, game room and a variety of collaboration areas. This position includes a hybrid work arrangement, learning and development opportunities and more! Below is a list of what IMT offers our employees:

• Medical, dental, and vision insurance, Life & A D & D insurance, 401K retirement savings accounts, spending accounts, long and short-term disability, profit share, paid vacation & sick time, employee assistant program and additional voluntary benefits.

The salary range for this position is $80,000.00 - $141,000.00

Starting salary and level of position will depend on level of experience

This position is not eligible for tips or commission but may be eligible for additional bonuses

WHAT DEFINES US

Our vision is to provide peace of mind in the moments that matter.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant based on race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Our agents and customers come from all walks of life and so do we. Our goal is to hire great people from a wide variety of backgrounds, because it makes our team stronger. If you share our values and our passion for creating a Worry Free life for others, we want to talk to you!