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Insurance Product Development Jobs in Washington

Geico

Senior Insurance Product Analyst I

Bethesda, MD · On-site

$52K - $157K/yr

Do you want to have a career with a focus on development and intellectual growth on a growing team ... Insurance Product Management is essential to GEICO's continued success. The duties consist of ...

Geico

Senior Insurance Product Analyst II

Bethesda, MD · On-site

$71K - $141K/yr

As a Senior Insurance Product Analyst , primary responsibilities will include: * Developing ... Personalized development programs, mentorship, and certification assistance. Great Culture:

GEICO

Senior Insurance Product Analyst II

Bethesda, MD · On-site +1

$71K - $141K/yr

As a Senior Insurance Product Analyst , primary responsibilities will include: * Developing ... Personalized development programs, mentorship, and certification assistance. Great Culture:

VB Spine

Sr. Development Engineer

Leesburg, VA · On-site

$100K - $110K/yr

Lead portions of product development projects and execute assigned workstreams with minimal ... Comprehensive health, dental, and vision insurance * 401(k) with company match * Paid time off (PTO ...

VB Spine

Sr. Development Engineer

Leesburg, VA · On-site

$100K - $110K/yr

Lead portions of product development projects and execute assigned workstreams with minimal ... Comprehensive health, dental, and vision insurance * 401(k) with company match * Paid time off (PTO ...

PerformYard

Product Manager

Arlington, VA · Remote

They will work closely with our Product Development team, participating in our agile/scrum ... insurance, a 401k plan, generous PTO, paid holidays, and other benefits.

PerformYard

Product Manager

Arlington, VA · Remote

They will work closely with our Product Development team, participating in our agile/scrum ... insurance, a 401k plan, generous PTO, paid holidays, and other benefits.

PerformYard

Product Manager

Arlington, VA · On-site +1

They will work closely with our Product Development team, participating in our agile/scrum ... insurance, a 401k plan, generous PTO, paid holidays, and other benefits.

ATCC

Product Manager

Gaithersburg, MD · On-site +1

$115K - $130K/yr

New Product Development: Lead cross-functional New Product Development (NPDI) initiatives and guide ... Comprehensive medical coverage and company paid Life Insurance, Disability Insurance, AD&D, and ...

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All JobsInsurance Product Development JobsInsurance Product Development Jobs in Washington

Insurance Product Development information

See Washington salary details

$48.1K

$143.8K

$163.7K

How much do insurance product development jobs pay per year?

As of Aug 21, 2026, the average yearly pay for insurance product development in Washington is $143,826.00, according to ZipRecruiter salary data. Most workers in this role earn between $129,700.00 and $162,000.00 per year, depending on experience, location, and employer.

What is an insurance product development?

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 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 are the key skills and qualifications needed to thrive in insurance product development, 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.

Is insurance product development a good career?

Insurance product development is a specialized field involving designing and improving insurance policies, requiring skills in market analysis, actuarial science, and regulatory compliance. It offers opportunities for growth, collaboration with cross-functional teams, and can be a stable career path within the insurance industry.

What are the most commonly searched types of Insurance Product Development jobs in Washington?

The most popular types of Insurance Product Development jobs in Washington are:

What are popular job titles related to Insurance Product Development jobs in Washington?

For Insurance Product Development jobs in Washington, the most frequently searched job titles are:

What job categories do people searching Insurance Product Development jobs in Washington look for?

The top searched job categories for Insurance Product Development jobs in Washington are:

Insurance Product Development jobs near you
Infographic showing various Insurance Product Development job openings in Washington as of August 2026, with employment types broken down into 100% Full Time. Highlights an 95% In-person, and 5% Hybrid job distribution, with an average salary of $143,826 per year, or $69.1 per hour.

Insurance Product Development & Coverage Analysis Manager - Medmarc

ProAssurance

Chantilly, VA • On-site

$90 - $120/hr

Other

Re-posted 11 days ago

Job description

Product Development and Coverage Analysis Manager

Responsible for overseeing development and regulatory implementation of Medmarc’s new product lines, primarily specialized E&S coverage offerings, such as excess and products/professional insurance policies. Works with Underwriting, Legal, and Marketing Departments to develop new insurance products.

Responsibilities
  • Oversee development of new insurance products: drafting coverage language, providing creative coverage solutions, strategic vision, and advising on growth.
  • Manage planning, drafting, implementation, and introduction of new and revised insurance products, leading in‑house and outside counsel efforts.
  • Provide coverage analysis and consultation to Underwriting and account‑management: interpretation of coverage, market monitoring, competitor analysis, and endorsement language recommendation.
  • Develop and deliver educational content on Medmarc policy forms and coverage terms, including presentations, guides, and internal training.
  • Coordinate with Legal and regulatory teams to ensure compliance, prepare supporting documentation, and respond to state insurance department questions.
Qualifications
  • Bachelor’s degree required; strong preference for JD.
  • Minimum five years experience in casualty insurance, including insurance defense or coverage consultation at a law firm.
  • Desirable credentials: CPCU, AIC, or ARM.
  • Experience analyzing, interpreting, and developing coverage language.
  • Proven self‑starter with strong relationship‑management skills across business units.
  • Excellent analytical, negotiation, marketing, and sales skills; strong communication and presentation abilities.
  • Able to meet deadlines and manage desk tasks efficiently; proficient in Microsoft Office Suite.
  • Up to 10% travel.
Benefits

Access to a best‑in‑class benefits program and dynamic inclusive environment.

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