Product Development Manager
Location
Illinois
Posted
6 days ago
Salary
$112K - $140K / year
Bachelor Degree3 yrs expEnglishSDLC
Job Description
• Leads and manages a team of product development professionals—including product managers, analysts, and specialists—while fostering a collaborative and innovative culture.
• Partners with Project Management, Product Management, Process Engineering and IT to ensure alignment and execution of business priorities.
• Follows project management best practices across both Agile and Waterfall methodologies.
• Develops and executes the overall product development strategy, ensuring alignment with company goals.
• Leverages underwriting and MGU operational knowledge to guide product design.
• Collaborates with underwriting teams, actuaries, and finance partners to assess risk.
• Leads the development and management of AI‑driven underwriting platforms.
• Oversees the end‑to‑end lifecycle of product development and enhancement projects.
• Drives innovation and differentiation within specialty insurance.
• Defines KPIs and monitors product performance.
• Creates training materials and provides education to internal teams, agents, and customers.
Job Requirements
- Bachelor’s degree; Product Management, Business Administration, Engineering or related field.
- 3+ years of experience in Insurance Product Management.
- Deep understanding of Managing General Underwriter (MGU) business.
- Strong background in project management, change management, and business case development.
- Expertise in both Agile and Waterfall SDLC Methodologies.
- Master's degree preferred.
- Certified Professional in Insurance Regulation (CPIR), Certified Professional in Product Management (CPM), or Certified New Product Development Professional (NPDP) preferred.
- Experience with AI-driven business solutions preferred.
- Background in acquisition integration and operational excellence preferred.
- Familiarity with digital modernization strategies and tools preferred.
Benefits
- Paid time off for company holidays
- Vacation
- Sick and personal days
- Paid parental leave
- Mental health services