• Product Development Mgr

    Job Locations US-MN-Eagan
    FLSA Status
    Exempt
    Type
    Regular Full-Time
  • Mission

    New Product Development Manager

     

    Who We Are

    Founded and continuously led by inventor and entrepreneur Tony Aquila, Solera is a global leader in digital technologies that connect and secure life's most important assets: our cars, homes and identities. Since its inception in 2005 as a garage-based startup, Solera has grown aggressively with over 50 acquisitions across its platforms. The company's current product solutions include Audatex, Autodata, AutoPoint, CAP/HPI, Colimbra, Digidentity, Enservio, Explore Data, Hollander, Identifix, Inpart, LYNX and TitleTec, as well as the company's flagship Digital Garage application. Today, Solera processes over 300 million transactions annually for approximately 235,000 partners and customers in over 80 countries. Unified by a strong culture that values uncommon entrepreneurial thinking and continuous "do-it-different" innovation, Solera's global workforce of 6,700+ associates come from diverse forward-thinking industries that include automotive technology, artificial intelligence, software development, data sciences, cybersecurity, cognitive design, and digital identity protection. For more information, please visit solera.com.

     

    The Solera Way

    Solera’s uncommon culture is based on three simple principles: Think 80/20 (Focus), Act 30/30 (Efficiency), and Live 90/10 (Accountability).  We define our mindset using Our 3H’s: Humility, a Hunger to succeed, and a desire to Hunt for opportunities to win. We train our volunteers to engage with each other modulating between their intellect (IQ) and emotional intelligence (EQ) using our 3Fs: Facts, Finesse, and Force. Solera has become a global technology leader that is constantly growing in the double digits.  The principles, drills, and values associated with the Solera Way have been fundamental to Solera’s success and our ability to grow, continuously change, and innovate.

     

    Explore

    Explore Information Services, a Solera company, is a leading provider of information solutions to the insurance industry. For more than 20 years, Explore has provided innovation, technology, and data solutions to improve insurance decisions. More than two-thirds of the top 100 insurers rely on Explore products to identify risk, reduce expenses, and achieve a competitive advantage.

    Are You Uncommon?

    We’re on the hunt for an experienced New Product Development Manager who ranks in the top quartile among their peers. Someone who has a highly competitive and entrepreneurial mindset that is wired with a team-first attitude, has no problem rolling up their sleeves to execute their missions, and can modulate between leading and following as needed.  You will serve as the New Product Development Manager.

    Position 80s

    What You’ll Be Doing

    At Solera, we believe in providing clarity and focus to what our volunteers are responsible for – their mission.  The 80’s, as we call them at Solera, are the employee’s priorities associated with their role or mission.  The mission 80’s for this role, are:

    1. Leverage market expertise to identify new product/service opportunities for Explore Information Solutions
    2. Manage new product development process from ideation through launch of assigned new product concepts
    3. Drive Business to achieve New Product Development revenue goals through support of building and selling new product concepts

    Additional responsibilities of the role include:

    • Assist Director of NPD in the generation, definition and validation of new product concepts.
    • Participate in ideation exercises, investigate market needs, size and segments, define unique value propositions, perform competitor analyses and ongoing monitoring and conduct customer needs interviews, surveys and value chain mapping.
    • Deliver clear, quantifiable and actionable insights regarding market drivers, unmet market needs, opportunity size and user segment definition, opportunities for differentiation, competitive products, projected revenue and costs and potential market entry barriers.
    • Manage new product concept pipeline by documenting and categorizing all new concepts, effectively prioritizing concepts, and creating work plans that clearly communicate the timelines of deliverables.
    • Create business cases for high-potential new product concepts.
    • Support Senior Management in acquisition and partnership analysis.

    Qualifications

    Are You Qualified?

    • 3-5 years of experience in B2B new product development research, analysis, definition and validation.
    • Strong background in and passion for creating market needs analyses, market sizing, market segmentation, competitor and value proposition analyses and definition and product business cases/financial analyses.
    • Superior problem-solving skills.
    • Excellent communication skills including oral, written and presentational.
    • Comfortable with ambiguity and balancing multiple projects at the same time, while being able to deliver in a fast paced environment with tight deadlines.
    • Attention to detail with emphasis on accuracy and quality.
    • Experience managing external research processes a plus but not required
    • Background in insurance or data services industry preferred but not required.
    • Bachelor’s degree in Business, Marketing, Economics, or Finance
    • MBA preferred

     

    Our Space

    We believe that offices should be destinations where people want to be… places where people want to work, play and, collaborate. That is why we spend a lot of time on enhancing our workspaces. Solera’s work environments are intersections of the old and the new… of the past, present, and future. They are spaces designed to stimulate creative thinking, innovation, and cross-functional collaboration.

     

    We also embrace wellness. Whether it is our onsite or offsite workout centers, nutritional meals and beverages, or endless snacks for focus and energy.  This wellness plan is our commitment to healthy living, which spans across our office environments.

     

    Check out what Inc.com had to say about Solera’s offices: http://www.inc.com/kevin-j-ryan/ss/solera-office-is-very-texas.html

               

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