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Contractual Insurance Product Manager Jobs (NOW HIRING)

Working closely with Product Management, Actuarial, and Underwriting, you will apply your insurance analytics expertise to evaluate loss trends, rate adequacy, pricing assumptions, and portfolio ...

$84K - $105K/yr

... Manager to help us build the next generation of Auto insurance products and coverages as well as expand Kin's footprint across states. This role sits at the intersection of pricing strategy and ...

Product Manager

Buffalo, NY · On-site

$133K - $155K/yr

At Merchants Insurance Group , we're looking for a strategic and results-oriented professional to help shape the future of our insurance product portfolio. As a Product Manager for commercial package ...

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Contractual Insurance Product Manager information

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$51.5K

$159.4K

$197K

How much do contractual insurance product manager jobs pay per year?

As of Sep 13, 2026, the average yearly pay for contractual insurance product manager in the United States is $159,405.00, according to ZipRecruiter salary data. Most workers in this role earn between $141,000.00 and $197,000.00 per year, depending on experience, location, and employer.

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Senior Product Manager - Commercial Lines

Indianapolis, IN • On-site

Indiana Farmers Insurance
Insurance Services • 201 - 500 employees

$120K - $159K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 2 days ago


Key responsibilities

  • Serve as a strategic business leader responsible for the performance, direction, and long-term success of one or more insurance product lines.

  • Leverage data, financial analysis, market insights, and cross-functional collaboration to shape product strategy, prioritize investments, and deliver measurable business results.

  • Influence key decisions that strengthen the company's competitive position and create lasting customer value by working closely with executive leadership and business partners.


Job description

Description:

Indiana Farmers Insurance is currently looking for an experienced Commercial Lines Senior Product Manager to join our Product Management team. This position will have the opportunity to work in the office, remotely or a hybrid schedule.


If you enjoy setting product strategy, solving complex business challenges, and using data to influence decisions that drive growth and profitability, this could be the opportunity for you!


As a Senior Product Manager, you'll serve as a strategic business leader responsible for the performance, direction, and long-term success of one or more insurance product lines. You'll leverage data, financial analysis, market insights, and cross-functional collaboration to shape product strategy, prioritize investments, and deliver measurable business results. Working closely with executive leadership and business partners across the enterprise, you'll influence key decisions that strengthen our competitive position and create lasting customer value, in support of our vision.  


Benefits for the Commercial Lines Senior Product Manager:

  • Free Health insurance
  • Free Dental insurance
  • Free Vision insurance
  • Free Life insurance
  • Free Short-Term & Long-Term Disability insurance
  • 2% 401k Company Match
  • 11% 401k Company Contribution
  • Excellent Paid Time Off
  • Generous paid time for Parental Leave
  • Day of Service
  • We promote from within our widely-talented workforce regularly and consistently offer opportunities to learn and grow
  • Student Loan Assistance Program
  • Educational Incentive Program
  • Several committees to explore, to connect with co-workers and build relationships
  • Two robust Employee Assistance Programs for you and your family
  • Flexible Work Arrangements that include work locations in the office, hybrid schedules and fully remote. The type of arrangement available is determined by the position and business needs
  • Matching funds of up to $100 annually are available from the company for your favorite charitable organization
  • Associate recognition awards, fun gatherings, and opportunities to make friends are part of our culture
  • An on-site fitness center, as well as free and convenient parking, make life easier
Requirements:

Qualifications and Responsibilities for the Commercial Lines Senior Product Manager:

  • Bachelor's degree in Business, Insurance, Finance, Economics, Marketing, or a related field (or an equivalent combination of education, training, and experience)
  • Ten (10) or more years of progressively responsible experience in property and casualty insurance, product management, underwriting, actuarial, product development, or related business functions
  • Experience leading product strategy across complex or multiple lines of business
  • Experience managing product portfolios or broader line-of-business performance
  • Experience presenting strategic recommendations to executive leadership and leading enterprise-wide or cross-functional initiatives

Why work for Indiana Farmers Insurance?

  • An average associate retention of 95% over the past 5 years
  • Financially stable as shown by our A- (Excellent) rating by AM Best
  • Truly customer focused
  • A strong legacy of excellent performance throughout our 149 years in business!

For more information about Indiana Farmers, please go to https://insurance.indianafarmers.com/about-us.

Indiana Farmers Insurance is an equal opportunity employer!