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Insurance Product Development Jobs in Washington

Geico

Assistant Insurance Product Manager II

Bethesda, MD · Remote

$121K - $189K/yr

The Insurance Product Management team has an opening for an Associate Product Manager who will ... We offer a career where you can learn, grow, and thrive through personalized development programs ...

AnaVation

Product Owner

Reston, VA · On-site

As a Product Owner, you will play a key role in managing and optimizing product development ... Life and AD&D Insurance About AnaVation AnaVation is the leader in solving the most complex ...

AnaVation

Product Owner

Reston, VA · On-site

As a Product Owner, you will play a key role in managing and optimizing product development ... Life and AD&D Insurance About AnaVation AnaVation is the leader in solving the most complex ...

AnaVation

Product Owner

Reston, VA · On-site

As a Product Owner, you will play a key role in managing and optimizing product development ... Life and AD&D Insurance About AnaVation AnaVation is the leader in solving the most complex ...

MaxCyte, Inc

Director, Product Management

Rockville, MD

$237K - $248K/yr

The Director, Product Management is responsible for MaxCyte's product development and global ... and disability insurance and generous time off. MaxCyte is an Equal Opportunity Employer. All ...

MaxCyte, Inc

Director, Product Management

Rockville, MD · On-site

$237K - $248K/yr

The Director, Product Management is responsible for MaxCyte's product development and global ... and disability insurance and generous time off. MaxCyte is an Equal Opportunity Employer. All ...

Join Our Team

Director, Product Management

Rockville, MD · On-site

$237K - $248K/yr

The Director, Product Management is responsible for MaxCyte's product development and global ... and disability insurance and generous time off. MaxCyte is an Equal Opportunity Employer. All ...

Geico

Product Manager

Bethesda, MD · Hybrid

$100K - $157K/yr

Navigating Agile and Lean product development practices to deliver iteratively and efficiently ... Insurance industry experience preferred. * Bachelor's degree in technical fields such as software ...

GEICO

Product Manager

Bethesda, MD · On-site

$100K - $157K/yr

Navigating Agile and Lean product development practices to deliver iteratively and efficiently ... Insurance industry experience preferred. * Bachelor's degree in technical fields such as software ...

Synnex

Product Manager I

Reston, VA · On-site

Product Development : Collaborate with engineering, design, and other teams to ensure product ... Employer-Paid Life Insurance and AD&D * 100% Employer-Paid Short-Term and Long-Term Disability ...

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Showing results 1-20

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 Jun 16, 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 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 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 June 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 100% In-person job distribution, with an average salary of $143,826 per year, or $69.1 per hour.
Insurance Product Development & Coverage Analysis Manager - Medmarc

Insurance Product Development & Coverage Analysis Manager - Medmarc

ProAssurance Corporation

Chantilly, VA • On-site

$117K - $146K/yr

Full-time

Posted 7 days ago

Job description

An exciting opportunity exists to join the ProAssurance family of companies!
Our mission is powerful and simple: We protect others. Choosing a place to apply your talents is an important decision for anyone. You have plenty of options. Why choose ProAssurance?
At ProAssurance, we sell a pledge, and that pledge is delivered by our team members. We are seeking individuals who value integrity, leadership, relationships, and enthusiasm-and want to build their career with a great company where they can be their authentic self and feel valued, recognized, and rewarded for their contributions. ProAssurance specializes in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers' compensation insurance. We are an industry-leading specialty insurer, with job opportunities in much of the contiguous United States.
This position supports Medmarc, our life sciences products liability line of business, and can be fully remote in the contiguous United States.
The Product Development and Coverage Analysis Manager is accountable for overseeing the development and regulatory implementation of Medmarc's new product lines, primarily specialized E&S coverage offerings, such as excess and products/professional insurance policies. This position is responsible for working with the Underwriting, Legal, and Marketing Departments to develop new insurance products. This position will display the attributes of the subject matter expert, both internally to the organization and externally to the marketplace, as respects Medmarc's coverage offering.
Responsibilities include drafting new insurance contracts, endorsements, and manuscripts. Additional responsibilities include providing coverage training for internal and external audiences; conducting policy language analysis, comparison, and review; providing coverage consultation; and producing pieces of thought leadership on coverage matters for internal and external use.
This position displays leadership qualities within the organization, including by taking on senior roles in special projects, and has skills related to team building and project management.
What you'll do:
50% - Oversee the development of new insurance products, including by drafting coverage language and providing creative coverage solutions to meet the unique needs of the niche industry that Medmarc serves.
  • Develops a strategic vision for Medmarc's coverage offering, including by advising on coverage needs in the marketplace and strategies for growing new product lines profitably.
  • Manages the planning, development, drafting, implementation, and introduction of new and revised insurance products, including by leading the efforts of in-house subject matter experts and outside counsel.
  • Develops policy language for new and revised product offerings.
  • Advises on alternative coverage solutions in the context of the current legal and competitive environments.
  • Seeks input from key stakeholders, including Medmarc customers, on the content of Medmarc forms.
  • Prepares communications to leadership regarding form development and management.
  • Coordinates with business units outside of Medmarc and within the greater ProAssurance Company that are working on new product initiatives.

30% - Provide day-to-day coverage analysis and consultation to support underwriting and account-management efforts.
  • Consults on and provides interpretation of coverage language.
  • Monitors and reports on the marketplace, including by analyzing the competition with respect to product offerings. Creates "side-by-side" analysis of competitor policies.
  • Consults with Underwriting on the development of customized coverage terms as required by the needs of specific accounts.
  • Responsible for developing and recommending proposed language for coverage endorsements.
  • Responds to questions about Medmarc's coverage terms, internally and externally.
  • Drafts customer communications related to coverage, either independently or in coordination with the Marketing and/or Legal Departments.
  • Advises on underwriting rules that describe the use of insurance forms and endorsements.

10% - Develop and deliver educational content focused on Medmarc's policy forms and coverage terms.
  • Prepares and delivers presentations on coverage forms and policy language for internal and external audiences.
  • Creates educational materials related to coverage to be used during the new employee onboarding process and for continuing education initiatives.
  • Creates coverage guides and references to support the underwriting process.

10% - Coordinates with the Legal Department and functional area responsible for state filings to ensure regulatory compliance and good market conduct.
  • Prepares supporting documentation, product comparisons, explanatory memorandums, and disclosures to support regulatory filings.
  • Assists with the preparation of timely responses to form-related questions posed by state insurance departments that arise throughout the filing process.

What we're looking for:
  • A bachelor's degree is required with a strong preference for candidates with a juris doctor (JD).
  • Minimum of five years of experience in a casualty insurance environment, including insurance defense or coverage consultation work at a law firm.
  • CPCU, AIC, or ARM is highly desired.
  • Experience analyzing, interpreting, and developing coverage language.
  • Proven self-starter with strong relationship management skills and the ability to create productive relationships with insurance producers and agencies.
  • Able to create, build, and develop superior relationships with internal colleagues in different departments within the business unit and ProAssurance.
  • Superior analytical, negotiation, marketing, and sales skills.
  • Excellent listening, speaking, writing, and presentation skills.
  • Meets work deadlines and has excellent desk-management skills.
  • Proficient in Microsoft Office Suite.
  • Up to 10% travel.

#LI-Remote
We are committed to providing a dynamic and inclusive environment where everyone can do their best work and grow personally and professionally.
For that reason, we partner with The Predictive Index (PI) - an organization equally committed to improving the working lives of people, to help us hire the best talent by providing additional insight about one's work style.
The position you applied to requires completion of two assessments prior to being scheduled to interview with a hiring manager. A Talent Acquisition team member may review your application and contact you before the assessment is complete. These assessments are Behavioral and Cognitive, and each assessment takes less than 12 minutes to complete.
After submitting your application, you will receive two emails from The Predictive Index inviting you to complete each of these assessments (please check your SPAM or Junk email folder if you do not see these emails in your inbox).
Note: If you already completed the assessments as part of an application with us, we may have results on file and you may not receive the emails inviting you to take the assessments. If you are moving forward in the process, a Talent Acquisition team member will confirm if we already have your assessment results.
Position Salary Range
$115,870.00 - $191,204.00The salary range displayed represents the entirety of the pay grade for this position. Most candidates will start in the bottom half of the range. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, your location and comparison to other team members already in this role.
Build your career with us and enjoy access to a best-in-class benefits program.

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