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Insurance Product Management Jobs (NOW HIRING)

This is not a technical product analyst/manager/owner role. Direct, related experience in insurance product development is required for this role. We're looking for an Insurance Product Analyst who ...

Product Director - Insurance

Columbus, OH · On-site

$225.10K - $235.70K/yr

Required : • 10+ years of progressive experience in product management or adjacent functions (e.g., platform/product development, data/technology), with a track record of delivering complex ...

This is not a technical product analyst/manager/owner role. Direct, related experience in insurance product development is required for this role. We're looking for an Insurance Product Analyst who ...

... dealer change management, adoption, and program expansion, while serving as the primary ... Portal insurance product content to ensure accuracy and alignment with Capital Marketing. • ...

Associate Product Manager

Chicago, IL · On-site

$90K - $110K/yr

The ideal candidate has a foundational understanding of personal lines insurance, thrives in a cross-functional environment, and is eager to grow their career in product management. The role is open ...

Ability to manage multiple tasks while still meeting required deadlines * Organizational and time management skills * Flexibility * Customer service orientation * Ability to understand new concepts ...

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Insurance Product Management information

See salary details

$51.5K

$159.4K

$197K

How much do insurance product management jobs pay per year?

As of May 29, 2026, the average yearly pay for insurance product management in the United States is $159,405.00, according to ZipRecruiter salary data. Most workers in this role earn between $141,000.00 and $197,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Insurance Product Manager, and why are they important?

To thrive as an Insurance Product Manager, you need a strong background in risk analysis, product development, and market research, often supported by a degree in business, finance, or actuarial science. Familiarity with insurance policy management systems, data analytics tools, and regulatory compliance software is typically required. Strategic thinking, effective communication, and cross-functional collaboration are crucial soft skills that distinguish top performers in this role. These abilities ensure the creation of competitive insurance products that meet market needs while adhering to regulatory standards and driving business growth.

How does an Insurance Product Manager typically collaborate with underwriting, sales, and actuarial teams?

Insurance Product Managers work closely with underwriting teams to ensure products align with risk appetite and compliance requirements, while collaborating with actuarial teams to analyze data and set competitive pricing strategies. They also partner with sales and marketing to support product launches and gather feedback to refine offerings. Regular cross-functional meetings and project teams are common, as effective communication among these departments is essential for developing successful insurance products. This collaborative environment not only enhances product quality but also helps build a comprehensive understanding of the entire product lifecycle.

What is insurance product management?

Insurance product management is the process of developing, launching, and overseeing insurance products such as policies and coverage plans. Product managers in this field analyze market trends, assess customer needs, and collaborate with underwriting, actuarial, and marketing teams to create competitive insurance offerings. They are responsible for the entire lifecycle of an insurance product, ensuring it remains profitable and compliant with industry regulations. Their work helps insurance companies adapt to changing markets and deliver value to their clients.

What is the difference between Insurance Product Management vs Insurance Underwriting?

AspectInsurance Product ManagementInsurance Underwriting
Primary FocusDeveloping, designing, and managing insurance productsAssessing and evaluating risks to approve or reject insurance applications
Required SkillsMarket analysis, product development, communicationRisk assessment, decision-making, attention to detail
Work EnvironmentCollaborative teams, product development departmentsUnderwriting departments, risk assessment teams
CertificationsTypically none required, but industry knowledge beneficialChartered Property Casualty Underwriter (CPCU), FCAS

Insurance Product Management focuses on creating and managing insurance offerings, while Insurance Underwriting involves evaluating individual risks to determine policy approval. Both roles are essential in the insurance industry but differ in their core responsibilities and skill sets.

More about Insurance Product Management jobs
What cities are hiring for Insurance Product Management jobs? Cities with the most Insurance Product Management job openings:
What states have the most Insurance Product Management jobs? States with the most job openings for Insurance Product Management jobs include:
Infographic showing various Insurance Product Management job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 80% Full Time, 18% Part Time, and 1% Contract. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $159,405 per year, or $76.6 per hour.
Auto Insurance Associate Product Manager

Auto Insurance Associate Product Manager

Embark MGA

Miami, FL • Remote

Part-time

Posted 16 days ago


Job description

The Associate Product Manager role will focus on achieving favorable results, handling regulatory filings, developing state-specific program enhancements, and effectuating the development of competitive product strategies. The ideal candidate has favorable experience in insurance product management, strong technical/math skills and enjoys working collaboratively across departments. This is a fully remote position. Consulting or PT position is highly desired

Responsibilities:

  • Manage assigned auto insurance state(s), ensuring profitability, compliance, and competitiveness
  • Align product goals with company objectives and strengths, regulatory requirements, and profitability targets.
  • Collaborate with Marketing, Underwriting, Claims, IT, Legal, vendors, etc. to design, price, and implement product features and to support day-to-day operations.
  • Maintain effective regulatory relations, prepare and submit product and rate filings via SERFF and overall communicate successfully with insurance departments.
  • Monitor and evaluate product performance metrics (loss ratios, retention, premium growth, etc.) and recommend and implement approved adjustments to improve results.
  • Conduct competitor and market analysis including securing agent input to identify trends, pricing opportunities, product enhancements, etc. and incorporate into actionable product advancements.
  • Develop strong knowledge of and ensure compliance with state requirements and effectively respond to regulatory inquiries.
  • Contribute and reply to audits, reviews, and regulatory examinations as a subject-matter expert. Review criticisms and areas reviewed in other insurance carrier Market Conduct Exam reports and ensure AFIC is in compliance with all potential exposures.
  • Assists in development of programs including pricing, underwriting, policy language, and filings for new and existing programs.
  • Develop the programming of scalable and flexible data reporting and analysis solutions to fulfill the needs of the team.
  • Document programs, queries, and dashboards for reliable future use; automate useful reports and solutions
  • Analyze market trends, competitor activity, and industry developments
  • Initiate, lead and/or support projects and initiatives that enhance product development, operations, and/or performance.

Requirements

  • Bachelor’s degree in Business, Finance, Insurance, Economics or related field preferred
  • Minimum 2 years of Product Management or related experience, preferably with a focus on automobile insurance (non-standard automobile a plus)
  • Excellent quantitative and communication skills
  • Strong knowledge of data analysis and visualization tools such as SQL and Tableau required
  • Strong analytical and problem-solving skills with attention to detail
  • Working knowledge of insurance rate filings and rules
  • Effective communication and collaboration skills across technical and non-technical teams
  • Proficiency with Microsoft Office Suite; experience with product management tools and regulatory filing systems (e.g., SERFF)