Insurance Product Development Director

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Insurance Product Development Director directs the team responsible for designing, developing, and enhancing insurance products. Monitors industry trends, competitor filings, and consumer needs to identify opportunities for innovation. Being an Insurance Product Development Director analyzes market trends and customer feedback to determine the strategic direction for product offerings. Oversees the collaboration with teams across the organization to launch products, create supporting documentation, and ensure successful delivery. Additionally, Insurance Product Development Director stays current on applicable laws and regulations to ensure compliance. Requires a bachelor's degree. Typically reports to senior management. The Insurance Product Development Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Insurance Product Development Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.