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Insurance Product Manager Jobs (NOW HIRING)

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Insurance Product Analyst

Overland Park, KS · On-site

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 ...

Steadily

Insurance Product Analyst

Austin, TX · On-site

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 ...

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Insurance Product Manager information

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$51.5K

$159.4K

$197K

How much do insurance product manager jobs pay per year?

As of Jun 16, 2026, the average yearly pay for insurance product manager 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 in the Insurance Product Manager position, and why are they important?

To thrive as an Insurance Product Manager, you need a solid background in insurance products, market analysis, and product lifecycle management, often supported by a degree in business, finance, or a related field. Familiarity with product management software, data analytics tools, and regulatory compliance systems is typically expected, and industry certifications like CPCU or AINS can be advantageous. Excellent communication, stakeholder management, and problem-solving skills distinguish top performers in this role. These capabilities are crucial for successfully developing competitive insurance products, ensuring regulatory compliance, and collaborating across cross-functional teams.

What does an Insurance Product Manager do?

An Insurance Product Manager is responsible for developing, managing, and optimizing insurance products to meet market demands and business goals. They conduct market research, analyze customer needs, collaborate with underwriting and actuarial teams, and ensure compliance with regulations. Additionally, they work with sales and marketing teams to position products effectively and drive growth. Their role requires a blend of analytical, strategic, and communication skills to create competitive insurance offerings.

What do product managers in insurance do?

Insurance product managers oversee the development, strategy, and lifecycle of insurance products, ensuring they meet market needs and regulatory requirements. They analyze customer data, collaborate with underwriting and sales teams, and use tools like market research and analytics to optimize product offerings and profitability.

What's the highest paying PM job?

The highest paying product management roles are often at senior levels such as Director of Product or Vice President of Product, especially in large technology or finance companies. These positions typically require extensive experience, strategic skills, and often involve overseeing multiple teams or product portfolios, with salaries reaching into six figures or higher including bonuses and stock options.

How much do insurance product managers make?

Insurance product managers typically earn a median annual salary between $80,000 and $130,000, depending on experience, location, and company size. Senior roles or those with specialized skills may earn higher compensation, often including bonuses and benefits.

What are the primary responsibilities of an Insurance Product Manager on a typical day?

As an Insurance Product Manager, your day-to-day responsibilities include conducting market research, analyzing competitor offerings, defining product features, and managing the product development process from concept to launch. You often collaborate with underwriting, actuarial, sales, and IT teams to ensure product offerings meet customer needs and comply with relevant regulations. Additionally, you may monitor product performance, adjust pricing strategies, and support marketing initiatives. This role requires balancing strategic planning with hands-on project management to deliver innovative, profitable insurance solutions.

What's the highest paying job in insurance?

The highest paying roles in insurance often include Chief Underwriting Officer, Chief Risk Officer, or Chief Actuary, which require extensive experience, advanced degrees, and leadership skills. These executive positions typically offer compensation exceeding $200,000 annually, especially in large organizations. Senior-level roles in specialized areas like reinsurance or insurance consulting can also command high salaries.
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Insurance Product Manager jobs near you
Infographic showing various Insurance Product Manager job openings in the United States as of June 2026, with employment types broken down into 89% Full Time, and 11% Temporary. Highlights an 78% In-person, and 22% 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

Tampa, FL • Remote

Part-time

Posted 4 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)