What are the main factors that influence an Insurance Product Development Director's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Insurance Product Development Director?

The Financial Services industry offers the highest average compensation for Insurance Product Development Director roles, with salaries approximately 30% above the market median.

How does experience change An Insurance Product Development Director's salary?

An Insurance Product Development Director's salary grows with experience: starting around $176,645 for beginners, reaching about $179,422 at mid-level, and approach $184,777 for experts.

What are the highest paying states for an Insurance Product Development Director?

Insurance Product Development Director salary varies significantly by state. The top 3 highest paying states for Insurance Product Development Director roles are District of Columbia $191,434, California $190,708, Massachusetts $188,166. These tech hubs typically pay 10-15% above the national average.

How much do different types of Insurance Product Development Director roles make?

Salaries for Insurance Product Development Director level roles vary by specialization: SVP of Insurance Product Development: $253,404; Product Development Director: $221,145; VP of Insurance Product Development: $205,265; Director of Insurance Product Development and Design: $172,900; Sr Manager of Insurance Product Development and Design: $169,100.

Insurance Product Development Director Salary in Connecticut

How much does an Insurance Product Development Director make in Connecticut?

As of August 01, 2026, the average salary for an Insurance Product Development Director in Connecticut is $184,777 per year, which breaks down to an hourly rate of $89.

However, an Insurance Product Development Director's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $208,222
Majority Range (25th-75th percentile): $171,488 to $197,049
Entry-Level (10th percentile): $159,389

10% $159,389

50% (Median) $184,777

90% $208,222

Insurance Product Development Director Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$197,049	$16,421	$3,789	$95
Average	$184,777	$15,398	$3,553	$89
25th Percentile	$171,488	$14,291	$3,298	$82

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Key Factors That Influence Insurance Product Development Director Salaries

An Insurance Product Development Director's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Insurance Product Development Director Salaries?

Experience is a primary driver of an Insurance Product Development Director's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $176,645
Early Career (1-2 years): $177,835
Mid-Level (2-4 years): $179,422
Senior-Level (5-8 years): $181,802
Expert (over 8 years): $184,777

Levels	Salary
Entry Level Insurance Product Development Director	$176,645
Intermediate Level Insurance Product Development Director	$177,835
Senior Level Insurance Product Development Director	$179,422
Specialist Level Insurance Product Development Director	$181,802
Expert Level Insurance Product Development Director	$184,777

View as Graph

How Do Insurance Product Development Directors Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Product Development Directors. For example, consider the average annual salaries in these key locations:

District of Columbia: $191,434.
California: $190,708.
Massachusetts: $188,166.

District of Columbia $191,434 California $190,708 Massachusetts $188,166 Washington $187,474 New Jersey $187,405 Alaska $187,163 Connecticut $184,777 New York $183,809

Hawaii $180,714 Rhode Island $179,262 Maryland $178,276 Minnesota $176,928 Colorado $176,409 Illinois $176,236 Oregon $175,579 Delaware $175,095

New Hampshire $174,791 Virginia $174,109 Pennsylvania $172,121 Nevada $171,118 North Dakota $170,790 Michigan $170,271 Wisconsin $170,081 Vermont $169,700

Texas $168,646 Maine $168,577 Arizona $168,473 Ohio $168,352 Georgia $166,761 Indiana $165,966 Wyoming $165,810 Utah $165,568

Iowa $165,464 Kansas $164,634 Louisiana $164,392 North Carolina $164,306 Missouri $164,271 Florida $163,597 Montana $163,234 Nebraska $162,888

Kentucky $162,698 South Carolina $162,006 Tennessee $161,574 Idaho $161,401 New Mexico $160,139 Oklahoma $159,862 Alabama $158,842 South Dakota $157,131

Arkansas $156,197 West Virginia $155,696 Mississippi $154,191

Top Paying Cities for Insurance Product Development Director

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Old Mystic: $181,847
Oneco: $181,378
Avon: $182,194

Old Mystic, CT $181,847 Oneco, CT $181,378 Avon, CT $182,194 Bloomfield, CT $182,298 Windsor, CT $182,303 Bristol, CT $182,284 Burlington, CT $182,274 Broad Brook, CT $181,285

Canaan, CT $181,409 Canton, CT $182,106 Canton Center, CT $182,052 Colebrook, CT $181,414 Collinsville, CT $182,092 East Berlin, CT $181,993 East Canaan, CT $181,613 East Glastonbury, CT $182,300

East Granby, CT $181,309 East Hartland, CT $180,845 East Windsor Hill, CT $182,161 Ellington, CT $180,889 Farmington, CT $181,997 Falls Village, CT $182,030 Glastonbury, CT $182,306 Granby, CT $180,937

Berlin, CT $181,980 Lakeville, CT $182,185 Manchester, CT $182,284 Bolton, CT $182,049 New Britain, CT $181,924 New Hartford, CT $182,242 Norfolk, CT $181,862 North Canton, CT $181,916

North Granby, CT $180,405 Pine Meadow, CT $182,080 Plainville, CT $181,993 Barkhamsted, CT $181,715 Poquonock, CT $182,161 Riverton, CT $181,492 Vernon Rockville, CT $181,802 Rocky Hill, CT $182,102

Salisbury, CT $180,961 Sharon, CT $183,565 Simsbury, CT $182,033 Somers, CT $179,400 Somersville, CT $179,365 South Glastonbury, CT $182,258 South Windsor, CT $182,230 North Windham, CT $181,805

Pomfret Center, CT $181,613 Putnam, CT $181,509 Quinebaug, CT $181,565 Rogers, CT $181,502 Scotland, CT $181,814 South Willington, CT $181,355 South Windham, CT $181,852 South Woodstock, CT $181,594

Storrs Mansfield, CT $181,705 Thompson, CT $181,546 Ashford, CT $181,388 Willington, CT $181,331 Windham, CT $181,824 Woodstock, CT $181,542 Woodstock Valley, CT $181,468 New London, CT $181,855

Baltic, CT $181,812 Canterbury, CT $181,736 Central Village, CT $181,592 East Lyme, CT $181,914 Bozrah, CT $181,833 Gales Ferry, CT $181,843 Gilman, CT $181,869 Mashantucket, CT $181,824

Ledyard, CT $181,840 Groton, CT $181,853 Hanover, CT $181,810 Jewett City, CT $181,802 Montville, CT $181,850 Moosup, CT $181,504 Mystic, CT $181,845 Niantic, CT $181,904

North Stonington, CT $181,757 Norwich, CT $181,803 Preston, CT $181,803 Oakdale, CT $181,898 Old Lyme, CT $182,251 Stafford, CT $180,588 Stafford Springs, CT $180,678 Staffordville, CT $180,417

Suffield, CT $179,229 Taconic, CT $181,625 Tariffville, CT $181,712 Enfield, CT $179,191 Tolland, CT $181,264 Unionville, CT $182,151 East Windsor, CT $181,049 Weatogue, CT $182,203

West Granby, CT $181,324 West Hartland, CT $180,911 West Simsbury, CT $182,011 West Suffield, CT $179,260 Winchester Center, CT $182,030 Windsor Locks, CT $181,055 Winsted, CT $182,013 Hartford, CT $182,460

West Hartford, CT $182,305 East Hartford, CT $182,446 Wethersfield, CT $182,296 Newington, CT $181,961 Plainfield, CT $181,670 Quaker Hill, CT $181,855 South Lyme, CT $182,025 Sterling, CT $181,331

Stonington, CT $181,808 Pawcatuck, CT $181,710 Taftville, CT $181,803 Uncasville, CT $181,843 Versailles, CT $181,793 Voluntown, CT $181,662 Waterford, CT $181,859 Wauregan, CT $181,579

West Mystic, CT $181,848 Yantic, CT $181,815 Ansonia, CT $185,481 Beacon Falls, CT $184,986 Botsford, CT $188,396 Branford, CT $183,740 Cheshire, CT $183,401 Centerbrook, CT $182,816

Chester, CT $182,816 Clinton, CT $183,612 Cobalt, CT $182,319 Colchester, CT $182,142 Cromwell, CT $182,094 Deep River, CT $182,924 Derby, CT $186,328 Killingworth, CT $183,382

Salem, CT $182,006 Durham, CT $182,932 East Haddam, CT $182,408 East Hampton, CT $182,376 Essex, CT $182,656 Guilford, CT $183,904 Haddam, CT $182,758 Hadlyme, CT $182,505

Hawleyville, CT $187,922 Higganum, CT $182,803 Ivoryton, CT $182,853 Madison, CT $183,681 Marion, CT $182,898 Marlborough, CT $182,261 Meriden, CT $182,410 Middlefield, CT $182,545

Middle Haddam, CT $182,445 Middletown, CT $182,332 Milford, CT $188,935 Milldale, CT $182,602 Monroe, CT $190,822 Moodus, CT $182,457 Newtown, CT $188,289 North Branford, CT $183,686

Northford, CT $183,657 North Haven, CT $183,518 North Westchester, CT $182,125 Old Saybrook, CT $182,728 Orange, CT $184,367 Oxford, CT $186,446 Plantsville, CT $182,592 Portland, CT $182,239

Rockfall, CT $182,341 Sandy Hook, CT $188,124 Seymour, CT $185,579 Shelton, CT $190,227 South Britain, CT $187,130 Southbury, CT $187,066 Southington, CT $182,118 Stevenson, CT $191,226

Wallingford, CT $183,340 Stratford, CT $193,866 Westbrook, CT $183,185 New Haven, CT $183,256 East Haven, CT $183,342 Hamden, CT $183,503 West Haven, CT $183,415 Bethany, CT $184,196

Woodbridge, CT $183,802 Willimantic, CT $181,853 Abington, CT $181,589 Amston, CT $182,044 Andover, CT $181,964 Ballouville, CT $181,432 Brooklyn, CT $181,587 Chaplin, CT $181,743

Columbia, CT $181,981 Coventry, CT $181,867 Danielson, CT $181,371 Dayville, CT $181,380 Eastford, CT $181,508 East Killingly, CT $181,198 East Woodstock, CT $181,573 Fabyan, CT $181,575

Grosvenor Dale, CT $181,577 Hampton, CT $181,682 Hebron, CT $182,076 Lebanon, CT $181,916 Mansfield Center, CT $181,757 Mansfield Depot, CT $181,764 North Franklin, CT $181,833 North Grosvenordale, CT $181,589

Pomfret, CT $181,601 Bridgeport, CT $194,371 Trumbull, CT $193,327 Easton, CT $193,218 Waterbury, CT $183,996 Prospect, CT $183,949 Wolcott, CT $182,927 Bantam, CT $184,654

Bethlehem, CT $185,061 Cornwall, CT $183,774 Cornwall Bridge, CT $184,841 Gaylordsville, CT $186,517 Goshen, CT $183,309 Kent, CT $185,213 Lakeside, CT $184,858 Litchfield, CT $183,992

Middlebury, CT $185,280 Morris, CT $184,558 Naugatuck, CT $184,819 New Milford, CT $187,078 New Preston Marble Dale, CT $185,543 Northfield, CT $183,377 Oakville, CT $184,125 Pequabuck, CT $182,714

Plymouth, CT $183,314 Roxbury, CT $186,940 Sherman, CT $187,296 South Kent, CT $185,638 Terryville, CT $182,853 Thomaston, CT $183,595 Torrington, CT $182,792 Harwinton, CT $182,842

Washington, CT $185,937 Washington Depot, CT $186,060 Watertown, CT $184,381 West Cornwall, CT $183,214 Woodbury, CT $185,825 Bethel, CT $188,140 Brookfield, CT $187,841 Cos Cob, CT $196,038

Danbury, CT $187,869 New Fairfield, CT $187,870 Darien, CT $195,981 Fairfield, CT $194,255 Georgetown, CT $192,703 Greenwich, CT $195,891 Greens Farms, CT $194,143 New Canaan, CT $195,161

Norwalk, CT $195,288 Old Greenwich, CT $196,040 Redding Center, CT $190,868 Redding Ridge, CT $190,868 Ridgefield, CT $189,190 Riverside, CT $196,029 Westport, CT $194,145 Weston, CT $193,348

Southport, CT $194,211 Redding, CT $190,441 Wilton, CT $193,543 Stamford, CT $196,085 Bridgewater, CT $187,578

Insurance Product Development Director Salary by Company Size: Startups vs. Enterprise

Insurance Product Development Director salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $199,414. While startup companies pay approximate $169,105.

Insurance Product Development Director Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$169,105
Growth Stage	51~500	$178,759
Established	501~5000	$192,659
Enterprise	5000+	$199,414

Insurance Product Development Director Salary by Industry: Top Paying Sectors

For Insurance Product Development Director roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Business Services sectors offer the strongest compensation, at 30% above the average. In contrast, Insurance Product Development Director positions in Healthcare or Insurance typically offer lower base pay, as these industries often view Insurance Product Development Director as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Product Development Director

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$224,769	$108.0	30%
Business Services	$198,834	$96.0	15%

Insurance Product Development Director Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Product Development Director's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$171,488

Average $184,777/year

$197,049

$14,291

Average $15,398/month

$16,421

$3,298

Average $3,553/week

$3,789

$82

Average $89/hour

$95

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$197,049	$16,421	$3,789	$95
Average	$184,777	$15,398	$3,553	$89
25th Percentile	$171,488	$14,291	$3,298	$82

Insurance Product Development Director Salary Growth & Career Path

Insurance Product Development Director

Next Role

Promotions are the fastest way to increase your earnings. As an Insurance Product Development Director, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Insurance Product Development Director Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
SVP of Dental Program Development	$350,527	90%
SVP of Government Program Development	$420,115	127%
SVP of Medicaid Program Development	$382,586	107%
VP of Medicare Program Development	$343,234	86%

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Insurance Product Development Director Salary in Connecticut

How much does an Insurance Product Development Director make in Connecticut?

Key Factors That Influence Insurance Product Development Director Salaries

How Experience Level Affects Insurance Product Development Director Salaries?

How Do Insurance Product Development Directors Salaries Vary from State to State?

Top Paying Cities for Insurance Product Development Director

Insurance Product Development Director Salary by Company Size: Startups vs. Enterprise

Insurance Product Development Director Salary by Company Size

Insurance Product Development Director Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Product Development Director

Insurance Product Development Director Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Insurance Product Development Director Salary Growth & Career Path

Find Your Next Insurance Product Development Director Job

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For Employers

Cost of Living In Connecticut

Where Does Our Salary Data Come From?

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Insurance Product Development Director Salary in Connecticut

How much does an Insurance Product Development Director make in Connecticut?

Key Factors That Influence Insurance Product Development Director Salaries

How Experience Level Affects Insurance Product Development Director Salaries?

How Do Insurance Product Development Directors Salaries Vary from State to State?

Top Paying Cities for Insurance Product Development Director

Insurance Product Development Director Salary by Company Size: Startups vs. Enterprise

Insurance Product Development Director Salary by Company Size

Insurance Product Development Director Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Product Development Director

Insurance Product Development Director Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Insurance Product Development Director Salary Growth & Career Path

Salaries of Jobs related to Insurance Product Development Directors

Find Your Next Insurance Product Development Director Job

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Cost of Living In Connecticut

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