Director, Product Management - Commercial Lines

About the Company:

Our client is a nationally recognized insurance carrier known for delivering innovative risk solutions and exceptional service to its policyholders. With a strong financial foundation and a culture of collaboration, they are seeking a Director of Product Management – Commercial Lines to lead product strategy, development, and execution across multiple business segments.

Salary/Benefits:

• $110,000 to $190,000 annual salary.
• Executive visibility and impact on the growth strategy of a leading insurance carrier.
• Opportunity to drive innovation in commercial lines products.
• Collaborative culture that values expertise, innovation, and professional development.

Responsibilities:

• Lead the development, enhancement, and management of commercial lines products to ensure competitiveness and profitability.
• Analyze product performance, market trends, and competitor strategies to identify opportunities for innovation and growth.
• Collaborate with underwriting, actuarial, claims, and distribution teams to align product initiatives with business objectives.
• Partner with regulatory and compliance teams to ensure product filings meet state and federal requirements.
• Manage the product lifecycle from concept to launch, ensuring timely delivery and market adoption.
• Provide strategic direction and mentorship to product management team members.
• Develop business cases and ROI analyses for product changes and enhancements.
• Represent the organization with brokers, agents, and industry stakeholders to promote the carrier’s commercial product portfolio.

Requirements:

• Bachelor’s degree required; advanced degree (MBA, CPCU, or equivalent) preferred.
• 8+ years of product management experience within the P&C insurance industry, with a focus on commercial lines.
• Strong understanding of underwriting, pricing, regulatory requirements, and distribution channels.
• Proven ability to lead cross-functional teams and deliver results in a fast-paced environment.
• Excellent analytical, strategic planning, and project management skills.
• Strong communication, collaboration, and relationship-building abilities.

Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.

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