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Nautilus Insurance Company

AVP, Product & Portfolio Manager

Company : Nautilus Insurance Company

Location : Minneapolis, MN, 55402

Job Type : Full Time / Part Time

Date Posted : 11 January 2026

Company Details

Berkley Technology Underwriters is a global insurance provider offering property, casualty, professional and cyber insurance coverage for technology companies. 

Responsibilities

The Product & Portfolio Manager will lead strategy and manage the performance of our core domestic commercial lines: Commercial Property, Commercial General Liability, Commercial Auto, Commercial Umbrella, and Workers Compensation.  They will serve as the leader of one or more assigned line(s), responsible for the full spectrum of product and portfolio management. This includes driving underwriting strategy and standards, pricing strategy, reinsurance strategy, and overall line performance analysis and insights. This position will be considered the expert and trusted advisor to the broader organization for their line(s) of business, as well as a key architect of our underwriting guidelines, appetite, and risk selection criteria – ensuring they evolve with market dynamics and reflect our values of curiosity, agility, and excellence. 

  • Strategic Line Ownership: Serve as the strategic leader for your line(s), accountable for performance, profitability, and underwriting excellence.  Develop and continuously refine strategies aligned with BTU’s Vision, Mission, Values, and Objectives & Key Results. 
  • Portfolio Management: Lead quarterly line performance reviews, identify trends, and recommend actionable insights to improve profitability and growth. 
  • Underwriting Strategy: Develop and maintain underwriting guidelines, appetite, risk selection criteria, and associated documentation (pricing tools, underwriting templates, supplemental applications, etc.). 
  • Reinsurance Strategy: Manage reinsurance considerations for your line(s), including exposure management, expense optimization, and use of corporate treaties, semi-automatic facilities, and individual placements. 
  • Training & Quality: Serve as the expert-in-residence for your line(s)—supporting training, conducting underwriting quality reviews, and mentoring underwriters. 
  • Segment Leadership (optional based on experience): Lead one of our industry segments, overseeing strategy and performance across all lines within that segment. 
  • Innovation & Agility: Help us operate more like a tech company—leveraging data, automation, and design thinking to challenge traditional insurance models. 

May perform other functions as assigned

Qualifications

  • Underwriting Expertise: Your peers and others would consider you a skilled commercial P&C underwriter with deep knowledge of one or more core lines. 5+ years of commercial P&C underwriting experience required.
  • Experience in industry specialization -- and specifically the technology sector – a plus.
  • CPCU or other industry designations a plus
  • Curiosity & Courage: You ask “why” before assuming “how,” and you’re not afraid to challenge the status quo.
  • Leadership & Influence: You have experience leading initiatives, mentoring others, and serving as a trusted advisor.
  • Strategic Mindset: You are a strategic thinker who thrives on data, trends, and performance metrics. You can demonstrate your proven ability to think critically, connect dots, and drive long-term strategy.
  • Data Fluency: You find yourself comfortable working with and transforming data to inform decisions and tell compelling performance stories. Strong data skills required; advanced Excel, SQL, PowerBI or other skills a plus.

Education 

  • Four-year college degree or equivalent experience

Additional Company Details

The Company is an equal employment opportunity employer. We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including: • Base Salary Range: $$125k - $175k • Benefits include Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Additional Requirements

Travel: Some travel required

Sponsorship Details

Sponsorship not Offered for this Role

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Frequently asked questions

In this strategic role, the AVP shapes underwriting guidelines and risk selection criteria, ensuring they align with market shifts and Nautilus Insurance Company's core values. This leadership fosters underwriting excellence across commercial lines, enhancing both portfolio profitability and organizational agility.

Minneapolis's robust insurance market offers the AVP role a chance to lead multifaceted commercial lines, mentor underwriting teams, and innovate with data-driven strategies. This position is ideal for professionals seeking leadership in product management within a dynamic, tech-influenced insurance environment.

Proficiency in data analysis tools like SQL, Power BI, and advanced Excel is critical. These skills enable the AVP to transform complex underwriting data into actionable insights, optimizing portfolio performance and guiding strategic decisions in a competitive insurance landscape.

Nautilus emphasizes blending traditional insurance practices with tech-driven innovation, fostering agility and curiosity. The AVP at Nautilus not only manages core commercial lines but also champions automation and design thinking, positioning the company as a forward-thinking leader in technology insurance.

The company's values of curiosity, agility, and excellence translate into a collaborative environment where the AVP leads strategic initiatives and continuous improvement efforts. This culture empowers the manager to challenge norms, mentor peers, and drive portfolio growth with a forward-looking mindset.

The salary range typically falls between $125,000 and $175,000 annually, influenced by experience, education, and specific expertise in commercial P&C underwriting. Minneapolis's cost of living and demand for skilled insurance professionals also play key roles in compensation levels.

Certifications like CPCU are highly regarded locally, as they demonstrate deep underwriting knowledge and professionalism. Given Minneapolis's competitive insurance sector, holding such credentials can significantly enhance a portfolio manager's credibility and career prospects.

Balancing underwriting strategies across diverse lines requires keen market insight and adaptability. The AVP must continuously analyze performance data, adjust pricing and reinsurance strategies, and mentor underwriters to maintain profitability amid evolving risk landscapes.

The position leverages automation, data analytics, and design thinking to refine underwriting processes and portfolio strategies. This tech-centric approach helps Nautilus stay competitive by enabling faster decision-making and more accurate risk assessments in commercial insurance.

Minneapolis hosts a vibrant insurance hub with steady demand for experienced portfolio managers. Senior roles such as AVP are sought after for their strategic impact, especially in companies embracing innovation and looking to strengthen their commercial lines performance.

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