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Insurance Product Development information

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$31.8K

$94.9K

$108K

How much do insurance product development jobs pay per year?

As of Jul 14, 2026, the average yearly pay for insurance product development in Florida is $94,897.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $106,900.00 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 popular job titles related to Insurance Product Development jobs in Florida? For Insurance Product Development jobs in Florida, the most frequently searched job titles are:
What job categories do people searching Insurance Product Development jobs in Florida look for? The top searched job categories for Insurance Product Development jobs in Florida are:
What cities in Florida are hiring for Insurance Product Development jobs? Cities in Florida with the most Insurance Product Development job openings:
Insurance Product Development jobs near you
Infographic showing various Insurance Product Development job openings in Florida as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $94,897 per year, or $45.6 per hour.
Sr. Engineer II - Product Development - Arthroplasty

Sr. Engineer II - Product Development - Arthroplasty

Arthrex

Naples, FL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 22 days ago

Arthrex rating

8.2

Company rating: 8.2 out of 10

Based on 75 frontline employees who took The Breakroom Quiz

84th of 527 rated manufacturers

Job description

Requisition ID: 66185 Title:Sr. Engineer II - Product Development - Arthroplasty
Arthrex, Inc. is a global medical device company and a leader in new product development and medical education in orthopedics. Arthrex is actively searching for a Sr. Engineer II to support various projects within Arthroplasty. This individual will be responsible for full life cycle development of medical devices, which includes initiation, design, development, execution, and product maintenance. The successful candidate would have a strong understanding of FDA and ISO guidelines for the development of medical devices. Additional preferred qualifications include knowledge of manufacturing processes, training in project management and communication skills, and a working knowledge of anatomy from an orthopedic standpoint, including joint anatomy. Proficiency in designing products using a 3D-CAD program is essential. The candidate should also possess technical expertise in development methodologies, design, and project implementation, along with familiarity with orthopedic surgery principles, theories, and products. Join our talented team at a global medical device company focused on Helping Surgeons Treat Their Patients Better™.
Essential Duties and Responsibilities:
  • Designs components or functional systems and modifies existing designs to develop or improve products and facilitate manufacturing operations.
  • Recommends alterations to development and design to improve quality of products and/or procedures.
  • Determines budgets and timelines for assigned projects.
  • Leads multifunctional new product project teams, as assigned by Engineering Manager, through project technical feasibility analysis, initiation, planning, execution, and termination, adhering closely to project timeline and budget.
  • Maintains design history file for assigned projects, adhering to Arthrex design control procedures.
  • Provides Regulatory department technical support for assigned projects as needed.
  • Supports Marketing and Product Management with technical information to be used for training and marketing of assigned products.
  • Supports Manufacturing to provide processing improvements.
  • Supports surgeon and distributor customers by training and/or educating on technical aspects of assigned products as needed.
  • Determines necessity of testing and initiates testing of assigned products
  • Reports progress and status of assigned projects on a timely basis.
  • May be required travel to attend trade shows and visit established accounts as well as prospective accounts.
  • International travel may be required.

Skills:
  • Experience designing and developing orthopedic implants required.
  • Knowledgeable of FDA and ISO guidelines for the development of medical devices required.
  • Manufacturing process knowledge preferred.
  • Project management and communication skills training preferred.
  • Working knowledge of anatomy from an orthopedic standpoint preferred.
  • Working knowledge of joint anatomy preferred.
  • Proficiency in designing products using a 3D-CAD program. Creo and/or SolidWorks experience preferable.
  • Technical knowledge in development methodologies, design, and project implementation.
  • Knowledge of orthopedic surgery principles, theories, and products preferred.
  • Historical perspective on orthopedic surgery principals, theories, and products preferred.

Knowledge:
  • Complete understanding and application of principles, concepts, practices, and standards.
  • Full knowledge of industry practices.

Education/ Experience:
  • Bachelors degree in Engineering required.
  • 8 years of relevant work experience required.

Incidental Duties:
  • The above statements describe the general nature and level of work being performed in this job. They are not intended to be an exhaustive list of all duties, and indeed additional responsibilities may be assigned, as required, by management.

Arthrex Benefits
  • Medical, Dental and Vision Insurance
  • Company-Provided Life Insurance
  • Voluntary Life Insurance
  • Flexible Spending Account (FSA)
  • Supplemental Insurance Plans (Accident, Cancer, Hospital, Critical Illness)
  • Matching 401(k) Retirement Plan
  • Annual Bonus
  • Wellness Incentive Program
  • Free Onsite Medical Clinics
  • Free Onsite Lunch
  • Tuition Reimbursement Program
  • Trip of a Lifetime
  • Paid Parental Leave
  • Paid Time Off
  • Volunteer PTO
  • Employee Assistance Provider (EAP)

All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other status protected by law.
Making People Better at Arthrex
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Job Details
Date: Jun 19, 2026
Requisition ID: 66185
Salary Range:
Job title: Sr. Engineer II - Product Development - Arthroplasty
Arthrex
Location:

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