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Insurance Product Development Jobs in Michigan (NOW HIRING)

TE Connectivity

Product Manager - America

Troy, MI · On-site

$139K - $209K/yr

Work with R&D and operations in the development of new products to meet current and future customer ... insurance, employee stock purchase plan, paid time off and voluntary benefits. EOE, Including ...

ROUSH

Powertrain Product Engineer II

Allen Park, MI · On-site

At Roush, we fuse technology and engineering to provide product development solutions to customers ... Our full-time benefits include: medical, dental, vision, life insurance, earned sick time, STD, LTD ...

Roush

Powertrain Product Engineer II

Allen Park, MI · On-site

At Roush, we fuse technology and engineering to provide product development solutions to customers ... Our full-time benefits include: medical, dental, vision, life insurance, earned sick time, STD, LTD ...

ROUSH

Powertrain Product Engineer II

Allen Park, MI · On-site

At Roush, we fuse technology and engineering to provide product development solutions to customers ... Our full-time benefits include: medical, dental, vision, life insurance, earned sick time, STD, LTD ...

Flowserve

Specialist R&D Engineer

Kalamazoo, MI

Serve as the subject matter expert for specific product lines and applications, providing guidance ... Life Insurance + Supplemental Life, Child, Spousal, and AD&D Insurance * Short and Long Term ...

Branex Group

Be Seen First

Business Development Manager - Advanced Composites

Romeo, MI · On-site

$110K - $160K/yr

Collaborate with engineering, product development, marketing, and operations teams to develop ... Branex Group offers the following benefits: - Medical Insurance - Dental Insurance - Vision ...

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All JobsInsurance Product Development JobsInsurance Product Development Jobs in Michigan

Insurance Product Development information

See Michigan salary details

$37K

$110.7K

$125.9K

How much do insurance product development jobs pay per year?

As of Jul 14, 2026, the average yearly pay for insurance product development in Michigan is $110,682.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,800.00 and $124,600.00 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 Michigan? The most popular types of Insurance Product Development jobs in Michigan are:
What are popular job titles related to Insurance Product Development jobs in Michigan? For Insurance Product Development jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Insurance Product Development jobs in Michigan look for? The top searched job categories for Insurance Product Development jobs in Michigan are:
Insurance Product Development jobs near you
Infographic showing various Insurance Product Development job openings in Michigan as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $110,682 per year, or $53.2 per hour.

Product Analyst - Excess & Surplus Lines

Auto Owners Insurance Company

Lansing, MI • Hybrid

Full-time

Retirement, PTO

Re-posted 6 days ago

Job description

A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.

Job Description

We offer a merit-based work-from-home program based on job responsibilities. After initial training in-person, this specific role could have the flexibility to work from home up to 3 days per week.

Auto-Owners Insurance, a top-rated insurance carrier, is seeking an Excess & Surplus Product Analyst. The E&S Product Analyst will drive the development and implementation of innovative commercial insurance products. This role requires strong analytical and strategic skills and requires collaboration with cross-functional teams. An ideal candidate is tech-savvy, familiar with analytics tools, and possesses strong project management skills.

Responsibilities include:

  • Leading the execution of new enhancements from concept to launch and managing existing products to meet production and profitability targets

  • Plan and execute the introduction of new projects and analyze the impact of the change after project completion

  • Conducting market research and competitive analyses to identify opportunities for product differentiation and innovation

  • Coordinating with cross-functional teams, including underwriting, actuarial, and IT, to ensure seamless product delivery

  • Identifying emerging issues within the E&S market and recommending data-driven adjustments to strategy

  • Serving as the liaison between actuarial, IT, and business partners, translating technical analyses and system capabilities into actionable business insights and product decisions

  • Create and present training materials on projects

  • Maintaining punctual attendance in accordance with an assigned work schedule at a Company-approved work location

Desired Skills & Experience

  • Bachelor's degree or higher in Business, Economics, Finance, Actuarial Science, Mathematics, Statistics, or another related technical field. Candidates without a bachelor's degree but with 3+ years of related experience may also be considered.

  • Excellent verbal and written communication skills, including experience presenting to leadership

  • 3+ years of experience, including direct involvement in E&S or related specialty lines, is strongly preferred

  • Familiarity with data querying or actuarial pricing concepts

  • Ability to:

    • assemble information, develop opinions, and clearly express decisions on product development using sound reasoning and judgment

    • select, reject, or offer alternatives for a given project within guidelines and philosophy established by the Company

    • organize and independently execute assigned work under general supervision

    • maintain confidentiality and data security

Compensation/Benefits

The salary offered will be commensurate with skills and experience. Along with a competitive base salary, Auto-Owners offers a friendly work environment, structured training program, employee mentoring, matched 401(k), fully-funded pension plan (once vested), and bonus programs. Auto-Owners also provides generous paid time off including holidays, vacation days, personal time, and sick leave. If you're looking to do rewarding work alongside great people, Auto-Owners is the place for you!

Equal Employment Opportunity

Auto-Owners Insurance is an equal opportunity employer. The Company hires, transfers, and promotes on the basis of ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state or local law.

*Please note that the ability to work in the U.S. without current or future sponsorship is a requirement.

#LI-BK1 #LI-Hybrid

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