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Insurance Product Development Jobs in Ohio (NOW HIRING)

VP Strategy, Product Development and M&A Would you like to join the Logistics Company for the World ... We offer competitive wages, excellent affordable insurance benefits (including health, dental ...

VP Strategy, Product Development and M&A Would you like to join the Logistics Company for the World ... We offer competitive wages, excellent affordable insurance benefits (including health, dental ...

Drive development, positioning, and delivery of innovative, market-leading personal insurance products including admitted and non-admitted. * Lead product development initiatives including new ...

Drive development, positioning, and delivery of innovative, market-leading personal insurance products including admitted and non-admitted. * Lead product development initiatives including new ...

Drive development, positioning, and delivery of innovative, market-leading personal insurance products including admitted and non-admitted. * Lead product development initiatives including new ...

The R&D Staff Scientist is responsible for developing new compound solutions, working closely with ... Benefits include medical, dental, vision, life insurance, disability, spending accounts and 401(k).

Sr. Product Manager

Stow, OH

$115.70K - $152.80K/yr

Responsible for development and execution of annual marketing plan in cooperation with Marketing ... life insurance. With programs for family planning from Maven Clinic to managing diabetes like ...

Sr. Product Manager

Stow, OH ยท On-site

$115.70K - $152.80K/yr

Responsible for development and execution of annual marketing plan in cooperation with Marketing ... life insurance. With programs for family planning from Maven Clinic to managing diabetes like ...

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Showing results 1-20

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 May 28, 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 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 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 does a product development job do?

An insurance product development job involves designing, creating, and improving insurance products to meet market needs and regulatory standards. It requires analyzing customer data, collaborating with underwriting and marketing teams, and using tools like actuarial software to develop competitive offerings. The role often involves project management and understanding industry trends to ensure product success.
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:
Infographic showing various Insurance Product Development job openings in Ohio as of May 2026, with employment types broken down into 40% Full Time, 57% Part Time, and 3% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $120,727 per year, or $58 per hour.
Sr. Engineer, New Product Development (Mason, Ohio (OH), US)

Sr. Engineer, New Product Development (Mason, Ohio (OH), US)

SPX

Mason, OH โ€ข On-site

Full-time

Medical, Retirement, PTO

Posted 9 days ago


Job description

Building the people that build the world.
With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.
As part of Engineered Air Movement, Cincinnati Fan is a leading manufacturer of industrial fans and blowers for OEMs and industrial applications With its high attention to detail for products that are durable, energy efficient, and unparalleled in performance, companies rely on Cincinnati Fan to provide comfort and mission critical and industrial cooling solutions.
How you will make an Impact (Job Summary)
SPX is a diverse team of unique individuals who all make an impact. The Senior Engineer I - New Product Development is responsible for designing, developing, testing, and launching new industrial fan and air movement products. This role works cross-functionally with manufacturing, sales, sourcing, and quality teams to deliver innovative, cost-effective, and manufacturable solutions that meet customer and regulatory requirements.
What you can expect in this role (Job Responsibilities)
While each day brings new opportunities at SPX, your core responsibilities will be:
Design and Development
  • Developing new mechanical product designs
  • Continuously assess technical risk, and mitigate through:
    • Engineering calculations
    • Computer Aided Engineering
  • Creating:
    • engineering models and drawings,
    • Specifications,bills of material (BOMs),
  • Supporting global product development projects
  • Performing fan/product performance selections
  • Developing innovative design solutions for customer and engineering problems
  • Strong continuous improvement mindset

Testing and Specifications
  • Performing engineering and product testing
  • Verifying product performance
  • Supporting development and post-installation testing
  • Writing engineering specifications
  • Participating in third-party contractual testing
  • Providing technical support during development and implementation

Cross Functional Collaboration
  • Manufacturing
  • Sourcing/procurement
  • Vendors/suppliers
  • Customers
  • Operations teams
  • Key activities include:
    • Design-for-manufacturability
    • Cost-effective design coordination
    • Vendor technical evaluations
    • Supplier selection support
    • Resolving technical performance issues
    • Supporting project deadlines and production schedules

What we are looking for (Required/Ideal Experience, Skills, Education)
We each bring something to the table, and we are looking for someone who has:
Required Experience
  • 8+ years of design engineering experience in product development or manufacturing
  • Experience with CAD software (Inventor, SolidWorks, or similar)
  • Strong analytical and problem-solving skills
  • Knowledge of manufacturing processes and design for manufacturability (DFM)
  • Ability to manage multiple projects and priorities
  • Excellent communication skills with the ability to work effectively in a collaborative environment

Preferred Experience, Knowledge, Skills, and Abilities
  • Experience with industrial equipment, HVAC, fans, blowers, or rotating equipment
  • CFD, FEA, or airflow analysis experience
  • Knowledge of ERP/PDM systems
  • Project management experience
  • Familiarity with ASME, AMCA, or ISO standards
  • Proficient with ERP applications for BOM maintenance
  • Working knowledge of Stage Gate Process (New Product Development)
  • Lean NPI and/or Customer Focus Technology Planning (CFTP)
  • Design Failure Mode and Effects Analysis (DFMEA)

Education & Certifications
  • Bachelor's degree in Mechanical Engineering or related engineering field.

Travel & Working Environment
  • Combination of office, engineering lab, and manufacturing floor environments
  • Occasional travel to suppliers, customers, or manufacturing facilities may be required
  • Occasional lifting up to 50 pounds

How we live our culture
Our culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.
What benefits do we offer?
We know that the well-being of our employees is integral. Our benefits include:
  • Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave
  • Competitive health insurance plans and 401(k) match, with benefits starting day one
  • Competitive and performance-based compensation packages and bonus plans
  • Educational assistance, leadership development programs, and recognition programs

Our commitment to embrace diversity to build a culture of inclusion at SPX
We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential.
SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.
ABOUT SPX
SPX is a diversified, global supplier of infrastructure equipment with scalable growth platforms in heating, ventilation and air conditioning (HVAC), detection and measurement, and engineered solutions. With operations in 17 countries and approximately $2.2 billion in annual revenue, we offer a wide array of highly engineered products with strong brands.
SPX TOTAL REWARDS
At SPX, what's in it for our employees transcends market-competitive compensation and benefits. Our Total Rewards program also includes opportunities for employees' personal development, career growth, and recognition. These programs focus on alignment and assessment of organizational, team, and individual efforts toward achieving business results. Our development and career growth programs empower our employees to enhance their skills, develop new competencies, and pursue career goals. SPX benefits package provides choices designed to help employees manage their well-being. Our compensation programs are performance-based to recognize and reward employees who work hard, display the values and leadership practices we embrace, and deliver exceptional results.
OUR VALUES
  • Integrity
  • Accountability
  • Excellence
  • Teamwork
  • Results

At SPX, our values are at the heart of everything we do. We use our values every day to help us make the right decisions. We embrace a common purpose and strive for improvement. We respect and value each other as individuals and recognize that only by working together, as a team, can we reach our full potential. We take responsibility for our actions, build strong relationships with each other and our customers, and always act ethically. Our values inspire us to achieve the high standards of quality, safety, and performance that our customers expect and deserve.
WORKING AT SPX
Our work environment is established on a work-life philosophy supported by policies, programs, and practices that help employees achieve success within and outside the workplace. We believe in creating an inclusive work environment where employees strive to realize their fullest potential. We are an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation, national origin, gender identity, genetic information, age, disability, veteran status or any other legally protected basis.