Unemployment Insurance Product Manager

ExtensisHR, one of the largest Professional Employer Organizations (PEOs) in the U.S. with client employees in all fifty states, is looking for talented people to join our team. If you want to contribute your talents, make a bigger impact, and be part of the growing PEO & HRO industry, we are interested in talking to you. Our renowned industry leadership in customer service starts with our people. You can contribute to delivering on our brand promise of helping organizations succeed through our people-first approach in solving customer’s ever-evolving HR needs. Our HR offerings include personalized services for HR, employee benefits, payroll and taxes, employer risk, compliance, and employee management. Today, we manage over $3 billion in employment-related costs annually—and we are growing every day.

For more information about the company visit www.ExtensisHR.com.

ExtensisHR is seeking an Unemployment Insurance Product Manager who will provide program leadership for the company while successfully overseeing all pricing, cost management, legal entity planning, and voluntary contribution strategies.  The Unemployment Insurance Product Manager will be part of the finance and report directly to the CFO. The Unemployment Insurance Product Manager is responsible for managing the pricing and compliance of unemployment insurance programs. This role involves forecasting rates, analyzing risk, ensuring compliance with state regulations, and leading a team of analysts to optimize pricing and cost strategies.

• Rate Forecasting: Develop and maintain models to forecast unemployment insurance rates based on historical data, economic indicators, and legislative changes.
• Compliance and Risk Management: Ensure that all pricing strategies comply with state and federal regulations. Identify potential risks associated with pricing decisions and develop mitigation strategies.
• Legal Entity Strategy: Develop and implement the company’s legal entity strategy by state regarding unemployment insurance for both PEO and Client reported states.
• Team Leadership: Supervise and mentor a team of pricing analysts. Provide coaching and development opportunities to enhance team performance.
• Data Analysis: Analyze data related to unemployment claims and economic trends to inform pricing decisions. Utilize statistical methods to assess the impact of various factors on pricing.
• Stakeholder Collaboration: Work closely with state agencies, finance teams, and other stakeholders to align pricing strategies with organizational goals and regulatory requirements.
• Reporting: Prepare detailed reports and presentations on pricing strategies, compliance issues, and market trends for senior management.
• Process Improvement: Identify opportunities for process enhancements within the pricing function to improve efficiency and accuracy.

• Education: A bachelor’s degree in Finance, Economics, Business Administration, or a related field is required. A professional certification relating to unemployment insurance.
• Experience: Minimum of 5 years of experience in pricing, underwriting, or financial analysis, preferably within the insurance or unemployment insurance sector. A strong preference for direct leadership in unemployment insurance in the PEO industry.
• Skills: Strong analytical skills with proficiency in statistical analysis software and Excel. Excellent communication and leadership skills are essential.
• Knowledge: Familiarity with unemployment insurance regulations and economic principles affecting unemployment rates.

At ExtensisHR, we recognize there are many factors that influence your overall satisfaction both at work, and in your personal life. Under our ‘You Supported Program,’ we provide a great mixture of compensation, benefits, company culture, and resources to our employees that help you reach a happier, more balanced life. Some of these offerings include:  

• Competitive compensation to reward you for your hard work every day.
• Progressive Paid-Time Off Program for you to enjoy time out of the office, including time off for volunteering and life events.
• Group Medical, Dental, Vision and Life insurance to encourage a healthy lifestyle available from day one. 
• Pretax Spending Accounts to ease taxes on health and dependent care expenses.
• 401k and IRA retirement plans, employer contributions.
• Extensive professional development programs to help you get to where you want to go in your career.
• Employee Discounts on retail and entertainment.
• A social and community outreach committee that promotes a fun inclusive culture through in-office events and networking opportunities. 
• Diversity, Inclusion and Equity (DEI) committee that promotes organization DEI initiatives and employee engagement.
• Complimentary coffee and snacks to keep you fueled and productive throughout the day.

ExtensisHR is committed to a diverse and inclusive workplace. We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

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