Business Project Manager, Product Development

This is an opportunity to join Ascot - one of the World's preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose. Our greatest strength is a talented team who flourishes in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our Client Centric, Risk Centric and Technology Centric strategies

Built to be resilient, Ascot offers clients leading financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.

Position Overview:

Reporting to the U.S. Chief Operating Officer, the Business Project Manager, Product Development will lead cross-functional teams to design, build, and deploy new and enhanced insurance products. You will oversee the complete project lifecycle—from business case and policy drafting to IT implementation and state regulatory filings. This role requires a balance of rigorous project management methodology, deep risk management, and a strong understanding of insurance operations.

Responsibilities:

• Leads the end-to-end execution of new and enhanced product offerings. 

• Act as the vital bridge linking product strategy, underwriting, actuarial, IT, and legal/compliance teams to launch products with pace.

• Identify opportunities to improve and streamline our development process to ensure we are optimizing precision and speed. 

• Establish workstreams and processes that effectively differentiate new product builds from smaller enhancement projects and “business as usual” product work. Ensure that approval requirements are clearly defined and adhered to by the business.   

• Maintain and update the applicable areas of the internal COO site, including updating and overseeing new product intake forms and adding necessary educational materials and FAQs to ensure that the process is understood and easy to follow.   

• Establish and continuously facilitate appropriate communication amongst the stakeholders and responsible parties, ensure clarity on goals, priorities, and concrete responsibilities for all team members.

• Define program goals, success criteria and expectations with stakeholders. 

• Identify dependencies between functional areas and embed into realistic and credible project plan.  

• Establish clear project deliverables, milestones, and target dates.

• Provide regular verbal and documented status updates.

• Commitment to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

• Some US travel may be needed.

Requirements:

• A minimum of 5 years of experience in the insurance industry.

• A minimum of 3 years of experience in project management.

• Bachelor’s degree. 

• Very strong communication, negotiation, analytical and problem-solving skills.

• Follow a well-structured mode of operation, including detailed project planning with the appropriate level of detail.

• Proven track record in delivering programs on time and accurately. 

• Ability to manage multiple projects at one time.

• Demonstrates effective verbal, written, and listening communication skills, including the ability to present confidently in a group setting.
• Takes ownership and responsibility for performance and results.
• Able to collaborate in situations when actions are interdependent, and a team is mutually responsible for producing desired results.
• Strong time management, organizational and communication skills. 

**This role can be filled at a different level, depending on experience.**

Compensation:

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company. 

The annualized base pay range for this role is: $110,000 - $120,000.

Company Benefits:

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

Retirement Benefits: Contributory Savings Plan (401k)

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