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:

• Complex challenges energize you and keep you motivated every day.

• You bring energy, passion, and ownership into everything you do.

• you are collaborative, supportive, and thrive when taking responsibility.

• you learn fast, are detail-oriented, and handle sensitive information with care.

• you are results-driven and enjoy finding creative solutions to complex problems.

Sounds familiar? Great! Let’s talk and see where this journey can take us.

To fit in here you’ll need:

• Bachelor’s degree in Business, Economics, Finance, Actuarial Science, Engineering, Statistics, Data Science, or a related field.

• At least 5 years of experience as a Product Manager in insurance.

• At least 3 years of people management experience (cross-country or international experience is a plus).

• Strong understanding of product pricing, segmentation, rating factor governance, and deployment via rating engines.

• Excellent analytical, problem-solving, and decision-making skills.

• Strong communication and stakeholder management abilities.

• Very good English (written and spoken).

• Medical background for Personal lines is a plus.

Reasons why you’ll love it here

You’ll work from our modern Balcia Estonia office, in Ülemiste City with hybrid and remote options. Occasional travel across markets keeps the role dynamic and connected.

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 or Stebby wellness compensation, recharge days, discounts on Balcia products, and more. And because we love surprises, our benefits evolve every year.