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Insurance Product Development Jobs in Ohio (NOW HIRING)

Westfield

Product Development Manager

Westfield Center, OH · On-site

$116K - $145K/yr

Job Summary The Product Development Manager is responsible for the ongoing maintenance, development, and delivery of Insurance product offerings. The role oversees and is accountable for the product ...

Westfield

Product Development Manager

Westfield Center, OH · Hybrid

$100K - $126K/yr

Job Summary The Product Development Manager is responsible for the ongoing maintenance, development, and delivery of Insurance product offerings. The role oversees and is accountable for the product ...

Geico

Assistant Insurance Product Manager

Beachwood, OH · On-site

$97K - $151K/yr

Ensure compliance with state insurance regulations, filing requirements, and internal governance ... Support new product development, launches, and rollout execution, including coordination across ...

JPMorgan Chase & Co

Product Director - Insurance

Columbus, OH · On-site

$219K - $229K/yr

... development, data/technology), with a track record of delivering complex products at scale in a ... Insurance domain experience is strongly preferred * Experience leading products in a large, highly ...

JP Morgan Chase

Product Director - Insurance

Columbus, OH · On-site

$219K - $229K/yr

... development, data/technology), with a track record of delivering complex products at scale in a ... Insurance domain experience is strongly preferred * Experience leading products in a large, highly ...

JPMorganChase

Product Director - Insurance

Columbus, OH

$217K - $228K/yr

... development, data/technology), with a track record of delivering complex products at scale in a ... Insurance domain experience is strongly preferred. * Experience leading products in a large, highly ...

JPMorgan Chase & Co.

Product Director - Insurance

Columbus, OH · On-site

$219K - $229K/yr

... development, data/technology), with a track record of delivering complex products at scale in a ... Insurance domain experience is strongly preferred * Experience leading products in a large, highly ...

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Insurance Product Development information

See Ohio salary details

$40.4K

$120.7K

$137.4K

How much do insurance product development jobs pay per year?

As of Jun 17, 2026, the average yearly pay for insurance product development in Ohio is $120,727.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,900.00 and $135,900.00 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 the most commonly searched types of Insurance Product Development jobs in Ohio? The most popular types of Insurance Product Development jobs in Ohio are:
What are popular job titles related to Insurance Product Development jobs in Ohio? For Insurance Product Development jobs in Ohio, the most frequently searched job titles are:
What job categories do people searching Insurance Product Development jobs in Ohio look for? The top searched job categories for Insurance Product Development jobs in Ohio are:
Insurance Product Development jobs near you
Infographic showing various Insurance Product Development job openings in Ohio as of June 2026, with employment types broken down into 2% As Needed, 77% Full Time, 16% Part Time, and 5% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $120,727 per year, or $58 per hour.
Product Development Manager

Product Development Manager

Westfield

Westfield Center, OH • On-site

$116K - $145K/yr

Full-time

Posted 5 days ago

Westfield Insurance rating

8.7

Company rating: 8.7 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

63rd of 261 rated insurance

Job description

Job Description
Job Summary
The Product Development Manager is responsible for the ongoing maintenance, development, and delivery of Insurance product offerings. The role oversees and is accountable for the product lifecycle including developing and implementing new products and maintaining the Product portfolio in a complex regulatory environment. The role implements and manages highly efficient processes, best practices, and leading tools to ensure accuracy, timeliness, and oversight for rate, rule, and form projects. The role is responsible for coordination of optimized product related business processes and third-party product partnerships.
Job Responsibilities
  • Leads all aspects of planning, prioritizing, and executing the implementation of changes to the insurance product portfolio in a complex regulatory environment.
  • Works in partnership with Product Managers to determine strategies for new product launches, existing product modifications, and suspensions or withdrawals of product offerings based on performance and market conditions.
  • Provides oversight for product deployment including planning and collaborating with Actuarial, IT, and Underwriting stakeholders to manage the rate and product delivery schedule with consideration to the optimal use of resources and impact to agents and customers.
  • Manages the quality, cost, and timeliness of the implementation and maintenance of all products in the product portfolio, including product rates, rules, and coverage changes.
  • Leads vendor management functions for vendor product integration, continuous improvement, and product and underwriting data acquisition.
  • Serves as the central point of contact for select vendors and vendor programs.
  • Develops project risk mitigation strategies and communicates those strategies with key stakeholders.
  • Provides oversight to ensure compliance with all legislative and regulatory mandates, rate filings, and corporate/ departmental policies, and ensures automated systems are compliant with filed rules and guidelines and that continuous monitoring is in place.
  • Leads process optimization and measurable continuous improvement of the product development lifecycle framework to ensure achievement of target business outcomes.
  • Leads efforts to design, develop, implement, and continuously improve product development processes and solutions to drive measurable advances in speed, efficiency, consistency and quality for activities in the product development lifecycle.
  • Ensures effective communication and training plans are in place for agents, underwriters, and service teams for product related changes and implementations.
  • Ensures the continued creation and maintenance of new data management tools.
  • Evaluates external data management sources and tools to assist business partners in risk selection/evaluation, improved segmentation, premium development, process efficiency and cost containment.
  • Develops and is accountable for annual budgets including third-party expenses.
  • Leads process to identify and evaluate opportunities for strategic alliances that enable growth of the product portfolio while minimizing risk and investment expense.
  • Consults with Westfield leaders and employees about product-related needs, questions, and suggestions; directs information or work to the appropriate individual within the unit when appropriate.
  • Accountable for talent management and navigation of employee related issues that impact morale and work environment to ensure a high performing team.
  • Responsibilities may include hiring and selection, succession planning, performance and compensation management, and employee development and career coaching.
  • Manages priorities and workload distribution and removes barriers that impede progress.

Job Qualifications
  • 7+ years of experience in Product Development, Insurance industry or a related field.
  • Bachelor's degree in Business or a related field and/or commensurate work experience.

Behavioral Competencies
  • Certified Insurance Counselor (CIC)

Location:
Hybrid- defined as working three or more days per week in the office if the employee's residence is within 50 miles of Westfield Center, OH; OR Remote-if the employee resides more than 50 miles from Westfield Center, OH.
Technical Skills
  • New Product Development
  • Customer Relationship Management
  • Agile Product Development
  • Go To Market Strategy
  • Product Roadmap
  • Product Management
  • Business Analysis
  • Acceptance Testing
  • Enterprise Application Software
  • Product Development Lifecycle

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

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