Centivo Corporation is an insurance company on a mission to provide self-insured plan sponsors with better yet cost-effective benefits. As an employer, the comp
Director Product Management – Risk Management
Location
United States
Posted
8 days ago
Salary
$175K / year
Seniority
Lead
Job Description
Director Product Management – Risk Management
Centivo Corporation
• Own the full lifecycle of Centivo's stop loss and captive product offerings — from program structure and feature design through launch, iteration, and ongoing performance management. • Define and maintain product specifications for specific stop loss coverage, aggregate stop loss, and captive arrangements, ensuring terms, attachment points, and program features are competitive and financially sound. • Lead the evaluation and design of level funding, minimum premium, and partial self-funding structures as differentiated market offerings. • Build and maintain a prioritized product roadmap for the risk management domain that balances underwriting discipline with market competitiveness. • Translate emerging trends in stop loss, reinsurance, and captive markets into actionable product initiatives. • Partner with underwriting to develop and refine risk selection criteria, pricing frameworks, and program structures — including layered and quota share approaches. • Define product guardrails that support sound underwriting outcomes while giving sales and client management the flexibility to compete effectively. • Lead product strategy for captive program creation, management, and redesign. • Define the criteria and structure for new captive formations, assess performance of existing captives, and drive product changes that optimize outcomes for captive members. • Define product requirements for reinsurance arrangements that support Centivo's risk portfolio. • Work across finance, underwriting, actuarial, network and teams to ensure risk product designs are operationally viable and financially modeled accurately. • Monitor the stop loss carrier, MGU, and captive market landscape. • Define the metrics that indicate healthy risk product performance and use them to drive ongoing product decisions. • Represent Centivo's risk management product capabilities externally with brokers, consultants, reinsurers, and at industry forums.
Job Requirements
- Bachelor's degree in mathematics, finance, underwriting, actuarial science, or a related quantitative field; advanced degree preferred
- 5 years of experience in stop loss, captive, or a closely related risk domain
- 5 years in product management or a related role, with a proven track record of taking products from concept through launch and scale
- Direct experience at a stop loss carrier, MGU, or the stop loss division of a health plan
- Demonstrated ability to launch and scale innovative, customer-centric products that create durable competitive advantage
- Strong grasp of user experience principles, market trend analysis, and competitive assessment
- Able to communicate product vision and strategy clearly — to an underwriter, an engineer, and a CEO, without changing what you're actually saying
- Familiar with product management tools, metrics, and adoption methodologies; working knowledge of agile development processes
- 5 years of hands-on experience with stop loss and captive program design and implementation
- Deep knowledge of captive creation, ongoing management, and redesign; level funding programs; and other financial structures including minimum premium and partial self-funding
- Strong working knowledge of layered and quota share approaches, reinsurance mechanics, stop loss underwriting, cost mitigation strategies, network performance, and benefit design
- Experience with self funded plans is required; fully insured or provider reinsurance arrangements is a plus.
Benefits
- Offers Equity
- Offers Bonus
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