Director, Product Development

Director Of Product Development

The Director of Product Development will lead a high-performing team in developing, managing, and enhancing products that fuel growth and profitability. This role demands strategic foresight, deep insurance expertise, and a hands-on leadership style. You'll ensure offerings remain competitive, compliant, and aligned with Assurant's visionwhile driving immediate impact in a fast-paced environment.

What Will Be My Duties And Responsibilities In This Job?

Lead and develop a team of Product Managers and Specialists , fostering innovation, accountability, and continuous improvement.

Drive strategic product development with a focus on profitability, competitive positioning, and customer relevance.

Oversee product lifecycle management from ideation through launch and optimization.

People leadership : Foster a team culture of proactive, strategic thinking and confident decision-making.

Collaborate cross-functionally with Underwriting, Marketing, Regulatory, IT, Sales, and Operations.

Ensure compliance with state and federal regulations across all jurisdictions.

Develop and present business cases for new products and enhancements, including financial analysis.

Source new business ideas through market research, client interactions, and competitive analysis.

Monitor and analyze product performance to inform strategic decisions and rate actions.

Lead regulatory filings and strategy , ensuring timely and accurate documentation.

Represent product development in client presentations and industry events.

Pricing and data analysis , applying actuarial concepts to product profitability.

Analyze rate plans, production costs, and competitive positions to assess business impact.

Work with affinity teams and channels to align product strategy with distribution goals.

Act immediately on in-flight initiatives , including liability limit increases and feature enhancements.

Maintain high urgency and readiness , with no ramp-up periodthis role requires jumping in from day one.

What Are The Requirements Needed For This Position?

Bachelor's degree in a relevant field.

7+ years of product management experience in the Property & Casualty (P&C) industry, preferably Renters insurance.

Deep understanding of P&C insurance, product lifecycle, regulatory environment, and risk management.

Strong leadership skills with a focus on coaching, feedback, and team development.

Ability to work in a matrix organization and influence across multiple levels.

Broad business knowledge across finance, marketing, operations, underwriting, regulatory, technology, and legal.

What Other Skills / Experience Would Be Helpful To Have?

Master's degree in business, insurance, or related field.

Professional insurance designations (AINS, CPCU, ARM, etc.) or relevant licenses.

Experience in matrix organizations with strong influencing skills.

Advanced financial modeling and strategic planning skills.

Pay Range : $119,600.00 - $199,800.00

Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.

If there is no posting end date listed then this is a pipeline requisition, and we will continue to collect applications on an ongoing basis.