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Insurance Product Development Jobs in California

Henkel

Sr Product Development Chemist

Irvine, CA · On-site

$80K - $95K/yr

Lead new product development for semiconductor adhesives while documenting progress and results ... Health Insurance: affordableplans for medical, dental, vision and wellbeing starting on day 1 * ...

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All JobsInsurance Product Development JobsInsurance Product Development Jobs in California

Insurance Product Development information

See California salary details

$41.9K

$125.3K

$142.6K

How much do insurance product development jobs pay per year?

As of Jun 13, 2026, the average yearly pay for insurance product development in California is $125,325.00, according to ZipRecruiter salary data. Most workers in this role earn between $113,000.00 and $141,100.00 per year, depending on experience, location, and employer.

What are the main responsibilities of someone working in Insurance Product Development?

Professionals in Insurance Product Development are responsible for researching market trends, identifying customer needs, and designing new insurance products or enhancements to existing offerings. This role often involves close collaboration with underwriting, actuarial, marketing, and compliance teams to ensure products are competitive, profitable, and compliant with industry regulations. Team members may also conduct competitor analysis, coordinate product launches, and provide ongoing lifecycle support for their products. The work environment is typically dynamic and project-driven, offering both creative and analytical challenges.

What is an Insurance Product Development job?

An Insurance Product Development job involves designing, testing, and launching insurance products that meet market demands and regulatory requirements. Professionals in this role analyze industry trends, assess risks, and collaborate with underwriting, actuarial, and marketing teams to develop competitive policies. They ensure compliance with legal standards and optimize product offerings to attract customers while maintaining profitability. This position requires a mix of analytical skills, market research, and knowledge of insurance principles.

What are the key skills and qualifications needed to thrive in the Insurance Product Development position, and why are they important?

To thrive in Insurance Product Development, a solid background in insurance concepts, product design, and market analysis is typically required, often supported by a degree in business, finance, or a related field. Familiarity with actuarial software, data analytics tools, and regulatory compliance systems is highly valued, and some roles may require certifications such as CPCU or CLU. Strong project management, creativity, and effective communication skills are important soft skills for collaborating with cross-functional teams and stakeholders. These competencies are crucial to successfully developing innovative insurance products that meet market demands while adhering to regulatory requirements.

What are the most commonly searched types of Insurance Product Development jobs in California? The most popular types of Insurance Product Development jobs in California are:
What are popular job titles related to Insurance Product Development jobs in California? For Insurance Product Development jobs in California, the most frequently searched job titles are:
What job categories do people searching Insurance Product Development jobs in California look for? The top searched job categories for Insurance Product Development jobs in California are:
What cities in California are hiring for Insurance Product Development jobs? Cities in California with the most Insurance Product Development job openings:
Insurance Product Development jobs near you
Infographic showing various Insurance Product Development job openings in California as of June 2026, with employment types broken down into 3% As Needed, 76% Full Time, 16% Part Time, and 5% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $125,325 per year, or $60.3 per hour.
Senior Product Development Engineer

Senior Product Development Engineer

PBS Biotech

Camarillo, CA • On-site

$118K - $144K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago

Job description

Join Us in Advancing the Future of Cell Therapy
At PBS Biotech, we are not just building bioreactors - we are helping enable the next generation of life-saving therapies for type-1 diabetes, cancers, and Parkinson's disease.
Founded in 2006 our team has been developing technologies that enable scientists and manufacturers to bring advanced cell therapies to patients faster and more reliably. From stem cell treatments to regenerative medicine, our work supports innovations that have the potential to transform lives.
What makes PBS special is not just what we build - it's how we build it. Our products are developed, engineered, and manufactured right here in our state-of-the-art facility, giving our teams the unique opportunity to see their ideas come to life. From concept to production, innovation happens under one roof.
As we continue to grow, we are looking for passionate problem-solvers who want to be part of something meaningful - people who are excited by the opportunity to shape products that support breakthrough therapies and improve lives.
Senior Product Development Engineer
As a Senior Product Development Engineer, you will play an important role in bringing new laboratory instruments to life.
This is a hands-on position where you will help shape and improve products that support cell therapy manufacturing - from early concepts through launch. You will work closely with cross-functional teams to solve design challenges, improve product performance, and ensure new solutions can be successfully built and scaled.
This role is ideal for an engineer who enjoys building real products, working collaboratively, and seeing their work move from concept to production.
What You'll Do
  • Lead the end-to-end product development lifecycle from concept through prototyping, testing, and production release.
  • Collaborate with cross-functional teams including R&D, manufacturing, and marketing to define product requirements and specifications.
  • Conduct detailed technical analysis and feasibility studies to guide design decisions and optimize product functionality.
  • Develop and maintain comprehensive documentation including design specifications, test plans, and validation reports.
  • Mentor junior engineers and provide technical guidance to ensure adherence to best practices and continuous improvement.
  • Manage project timelines, resources, and risk assessments to ensure on-time delivery of product milestones.
  • Engage with suppliers and external partners to source components and integrate new technologies effectively.
  • Analyze customer feedback and field data to drive iterative improvements and resolve product issues post-launch.

What You Bring
  • Engineering degree (Mechanical, Electrical, Industrial, or similar)
  • 5+ years in product development
  • Strong design and problem-solving skills

• Experience working with manufacturing teams
• Proven expertise in CAD software and product design tools Experience with product testing, validation, and quality assurance protocols.
Nice to Have
  • Master's degree in Engineering or related technical discipline.
  • Experience with project management methodologies and tools (e.g., Agile, Scrum).
  • Familiarity with regulatory standards and compliance requirements relevant to the industry.
  • Knowledge of software development lifecycle and embedded systems integration.
  • Professional Engineering (PE) license or equivalent certification.
  • Experience with micro-fluidic handling, Rockwell automation, SolidWorks and injection molded part design preferred.

Why PBS?
Because here, your work helps enable therapies that may change lives.
You'll join a collaborative, fast-moving team where your ideas matter and the products you help build support the future of medicine.
Job Types: Full-time, Permanent
Benefits:
  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Parental leave
  • Retirement plan
  • Vision insurance

Work Location: In person

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