Get ready to: 

• Lead and grow Balcia’s Private Property product category across multiple markets.
• Own the product strategy end-to-end, setting ambitious targets for growth, conversion, loss ratio, and combined ratio.
• Build deep market, customer, and risk insights, identifying gaps and opportunities in property protection and usage patterns.
• Drive end-to-end product design, including coverage structure and optional add-ons; policy wordings and exclusions; underwriting rules, eligibility, and risk segmentation; pricing logic in close cooperation with the Actuarial team.
• Prepare business cases and go-to-market plans, ensuring products are competitive, clear, and sustainable.
• Oversee portfolio performance, monitoring: frequency, severity, average premiums, claims development; performance by property type, geography, and distribution channel; corrective actions (pricing updates, underwriting appetite, discounts, product refinements).
• Strengthen digital customer journeys, ensuring a smooth experience from quote to policy issuance and claims readiness.
• Ensure regulatory compliance and consistent governance frameworks across countries.
• Standardize product architecture while allowing controlled local adaptations where needed.
• Lead, mentor, and develop cross-country product teams, fostering accountability, clarity, and ownership.
• Manage external partners and vendors, including rating engines, data providers, and valuation tools.
• Coordinate closely with reinsurance management on portfolio structure and risk exposure.

About you:

• You enjoy working with complex products and risk-based decisions.
• You take ownership and feel responsible for both customer value and portfolio performance.
• You are structured, analytical, and comfortable making decisions with incomplete information.
• You collaborate naturally across functions — underwriting, actuarial, claims, legal, and distribution.
• You care about building products that are clear, fair, and easy to trust.
• You are results-driven and continuously look for smarter, more efficient solutions.

Sounds familiar? Then this might be your next move.

To fit in here you’ll need:

• Bachelor’s degree in Business, Economics, Finance, Actuarial Science, Engineering, Statistics, Data Science, or a related field.
• 5+ years of experience as a Property Product Manager.
• 3+ years of people management experience (cross-country or international experience is a strong advantage).
• Strong understanding of property risk pricing and segmentation; underwriting rules and rating factor governance; deployment via rating engines.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and stakeholder management abilities.
• Very good English (written and spoken).
• Property or technical risk background is a plus.

Reasons why you’ll love it here

Work from our modern Balcia offices in Estonia, Poland, Lithuania, Latvia or Wiesbaden, depends on where you are from, with hybrid and remote options.

We believe in trust, ownership, and freedom. Our flat structure means less micromanagement and more room for impact, creativity, and meaningful decision-making. Your goals are aligned with company success, and performance is recognized and rewarded.

Balcia is redefining insurance — making it modern, energetic, and full of momentum. You’ll be part of ambitious projects, cross-market collaboration, and continuous innovation.

You’ll receive a competitive salary starting at 4,700 EUR gross (final offer depends on country tax specifics and candidate’s experience), plus flexible benefits including health insurance, recharge days, discounts on Balcia products, and more. And because we love surprises, our benefits evolve every year.