Director, Product Development, Auto

Join to apply for the Director, Product Development, Auto role at Jobright.ai 1 day ago Be among the first 25 applicants Join to apply for the Director, Product Development, Auto role at Jobright.ai Jobright.ai is an AI-powered career platform that helps you discover verified jobs directly from employer sites across the U.S. and tailor your applications with ease. Please note: Jobright is not a staffing agency and does not hire for these roles directly. Job Summary: Travelers is a leading property casualty insurer with a commitment to innovation and collaboration. The Director of Product Development will lead the development and management of insurance products, oversee market research, and ensure compliance with regulatory requirements while guiding a team to achieve financial objectives. Responsibilities:

• Lead the development, execution and enhancement of product strategies and actions including business scope, go-to-market strategies, and agile methodologies by influencing key stakeholders to achieve financial objectives.
• Influence and communicate strategies and associated action plans with key stakeholders and related initiatives to gain consensus for recommendations.
• Oversee and execute market, competitor, and consumer research analysis to identify and recommend new products, markets and services or enhance existing ones.
• Proactively develop solutions to product challenges and gain buy-in from key stakeholders to adopt recommendations.
• Manage the design, development, and implementation of system and process solutions that align with the product’s strategy.
• Identify and test new products, markets or partnership opportunities or enhance existing ones by collaborating with stakeholders and other entities and vendors.
• Lead and guide a team for product enhancement work including launch and rollout plans related to product strategies and action plans.
• Ensure strategies and plans address compliance needs and regulatory requirements.
• Oversee development of communication, training, and marketing materials in support of new or enhanced products and initiatives.
• Manage monitoring and measurement mechanisms for product strategies and initiatives in support of outlined strategic success criteria and present findings and recommendations to leadership.
• Perform other duties as assigned.

Qualifications: Required:

• Six years of product development experience preferably in the financial services industry.
• One year people management experience.
• Insurance experience with expert understanding of products, underwriting, coverage, rules, forms, regulatory environment, risk management, pricing/filing processes and insurance financials.
• Able to interpret business specific translations and solutions.
• Excellent communication and presentation skills with the ability to interact and influence management.
• Proven innovation skills including thinking critically about multiple perspectives and approaches to solving problems.
• Has deep understanding of Travelers' business strategy and plan objectives to align with enterprise goals.
• Excellent analytical skills with the ability to evaluate and understand current data and systems, find deficiencies/opportunities, recommend changes, and translate into business impacts.
• Excellent storyteller for relaying information, interacting, and influencing all levels of the organization.
• Demonstrated leadership skills with the ability to manage change, develop employees, and align resources to accomplish key objectives.
• Bachelor's Degree or equivalent combination of education and experience.
• Four years of relevant experience with insurance products, underwriting, coverage, rules, compliance/regulatory environment, and/or insurance financials.

Company: Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. Founded in 1853, the company is headquartered in New York, New York, USA, with a team of 10001+ employees. The company is currently Public Company. Travelers has a track record of offering H1B sponsorships. Seniority level Seniority level Executive Employment type Employment type Full-time Job function Job function Product Management Industries Software Development Referrals increase your chances of interviewing at Jobright.ai by 2x Inferred from the description for this job Medical insurance Vision insurance 401(k) Get notified about new Director of Product Development jobs in Hartford County, CT . Simsbury, CT $160,000.00-$225,000.00 1 week ago Director, Agribusiness Product Management - Small Commercial Hartford, CT $117,200.00-$193,400.00 2 days ago Hartford, CT $117,200.00-$193,400.00 1 week ago Director, Agile Product Owner - BI Work Orchestration Hartford, CT $117,200.00-$193,400.00 1 week ago Director, Product Management, Personal Insurance, Northeast Region Hartford, CT $10,000.00-$204,000.00 1 month ago West Hartford, CT $90,000.00-$150,000.00 2 weeks ago Hartford, CT $100,000.00-$231,540.00 2 days ago Product Strategy Director, Clinical Solutions - Cigna Healthcare - Hybrid Director, Business Insurance Product Management, Specialty Hartford, CT $117,200.00-$193,400.00 12 hours ago Director, Agile Product Owner - Batch Rating Director, Agile Product Owner - Batch Rating Hartford, CT $117,200.00-$193,400.00 1 day ago Director, Commercial Strategy (Early Career) Hartford, CT $200,000.00-$240,000.00 1 day ago Assistant Director, Personal Insurance Product Development Hartford, CT $104,000.00-$156,000.00 1 month ago Hartford, CT $129,200.00-$193,800.00 2 weeks ago Mechanical Systems Externals and Nacelles (MSEN) Engineering Design and Product Definition (PD) Director (M7) (Onsite) East Hartford, CT $176,000.00-$352,000.00 3 days ago Hartford, CT $129,200.00-$213,200.00 1 month ago Assistant Director, Personal Insurance Product Development Hartford, CT $104,000.00-$156,000.00 2 days ago Director, Actuarial and Analytics - Actuarial Product Specialty Hartford, CT $129,200.00-$213,200.00 1 month ago Director of Advisory Services Operations We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr Jobright.ai