ZipRecruiter

Log In

1

Insurance Product Jobs (NOW HIRING)

Hiscox

Product Manager - Insurance Enablement

The Product Manager - Insurance Enablement role is responsible for the strategy, development, and execution of product features that enhance insurance product development and distribution, while ...

GEICO

Assistant Insurance Product Manager II

Bethesda, MD · On-site +1

$121K - $189K/yr

The Insurance Product Management team has an opening for an Associate Product Manager who will build product strategy and drive pricing and non-pricing decisions leading to profitable growth. This ...

next page

Showing results 1-20

All JobsInsurance Product Jobs

Insurance Product information

See salary details

$51.5K

$159.4K

$197K

How much do insurance product jobs pay per year?

As of Jun 9, 2026, the average yearly pay for insurance product 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 insurance principles, product development, and market analysis, often supported by a degree in business, finance, or a related field. Familiarity with actuarial software, data analytics tools, and regulatory compliance systems is typically required. Excellent communication, strategic thinking, and problem-solving abilities help you collaborate with cross-functional teams and address client needs. These skills ensure the successful design, launch, and management of competitive insurance products in a dynamic market.

What are insurance products?

Insurance products are financial agreements offered by insurance companies that provide protection against specific risks, such as health issues, accidents, property damage, or life events. These products include policies like health insurance, life insurance, auto insurance, and home insurance, each designed to cover different types of risks. By paying regular premiums, policyholders receive financial support or compensation if a covered event occurs. Insurance products help individuals and businesses manage risk and reduce the financial impact of unexpected losses.

What are some common challenges faced when developing new insurance products, and how can team members effectively address them?

Developing new insurance products often involves navigating complex regulatory requirements, accurately assessing market needs, and coordinating with cross-functional teams such as underwriting, actuarial, and compliance. Team members may encounter challenges such as balancing innovation with risk management, adapting to shifting customer expectations, and ensuring products remain competitive and compliant. Effective communication, ongoing industry research, and collaboration with stakeholders are essential for overcoming these obstacles and successfully launching new offerings.

What is the difference between Insurance Product vs Insurance Agent?

AspectInsurance ProductInsurance Agent
CredentialsNone required, but product knowledge is essentialLicensing and certification required
Work EnvironmentDeveloping, designing, and managing insurance policiesSelling policies and advising clients
Industry UsageProduct development teams, underwriters, actuariesSales and customer service roles in insurance companies
Search IntentUnderstanding insurance options and policy featuresFinding insurance agents or brokers

Insurance Product professionals focus on creating and managing insurance policies, while Insurance Agents sell these policies directly to clients. Both roles are integral to the insurance industry but serve different functions in the policy lifecycle.

More about Insurance Product jobs
What cities are hiring for Insurance Product jobs? Cities with the most Insurance Product job openings:
What are the most commonly searched types of Insurance Product jobs? The most popular types of Insurance Product jobs are:
What states have the most Insurance Product jobs? States with the most job openings for Insurance Product jobs include:
What job categories do people searching Insurance Product jobs look for? The top searched job categories for Insurance Product jobs are:
Insurance Product jobs near you
Infographic showing various Insurance Product job openings in the United States as of May 2026, with employment types broken down into 100% Full Time. Highlights an 69% In-person, 8% Hybrid, and 23% Remote job distribution, with an average salary of $159,405 per year, or $76.6 per hour.

Product Analyst, Commercial Insurance

MGT Insurance

San Francisco, CA • On-site

Full-time

Posted 10 days ago

Job description

Job Summary:
MGT Insurance is the first AI-driven, neo-insurer focused on evolving commercial P&C insurance for brokers and small business owners. The Product Analyst, Commercial Insurance supports the Sr. Commercial Product Leader in product development, pricing, and regulatory activities while collaborating with various teams to innovate and enhance commercial insurance products.
Responsibilities:
• Assist in developing and enhancing commercial P&C products across multiple lines of business.
• Support the Sr. Commercial Product Leader in drafting product requirements, preparing product documentation, and coordinating cross-functional workstreams.
• Participate in the research, planning, and evaluation of new product initiatives.
• Conduct data analysis to support pricing, product design, risk segmentation, and rate adequacy.
• Build and maintain analytical models using SQL, Python, R, SAS, or other statistical tools.
• Assist in monitoring product performance, including loss trends, underwriting patterns, and competitive benchmarks.
• Support the development of rating structures and pricing models for new and existing products.
• Assist with state filing activities, including preparing components of filings, compiling exhibits, and supporting responses to regulator questions.
• Help maintain organized documentation and filing artifacts for tracking and compliance.
• Conduct research on competitor forms, rates, rules, and market trends to inform product decisions.
• Support competitive analysis that informs coverage design, pricing, and product positioning.
• Work closely with underwriting, actuarial, claims, compliance, and engineering teams to support product implementation and updates.
• Assist with product testing and validation during system implementations or upgrades.
• Work on projects and initiatives supporting the Sr. Commercial Product Leader across product strategy, enhancement, and modernization efforts.
• Help create dashboards, reports, and insights using tools such as Power BI or other visualization platforms.
• Support documentation, training materials, and product communications.
• Contribute to automation and workflow improvements using AI tools, including OpenAI platforms (a plus).
Qualifications:
Required:
• 3+ years of experience in the insurance industry, including roles in underwriting, claims, product, actuarial support, or data analytics.
• Hands-on experience with SQL, Python, R, SAS, or similar tools.
• Bachelor’s degree required, ideally in Business, Math, Statistics, Economics, Finance, Insurance, Data Science, Actuarial Science, or related fields.
• Strong analytical and quantitative skills; ability to manipulate and interpret data.
• Curiosity and a desire to learn commercial insurance product development.
• Excellent problem-solving skills with attention to detail.
• Effective communication skills, both written and verbal.
• Ability to manage multiple tasks and deadlines in a dynamic, fast-paced environment.
Preferred:
• Experience working in an analytical capacity preferred (pricing, analytics, modeling, or quantitative problem-solving).
• Experience with visualization tools (Power BI preferred).
• Experience with insurance product management or product development processes is a plus.
• Experience working with AI tools (including OpenAI platforms) is a bonus.
• Master’s degree is a plus.
• Insurance certifications (CPCU, AINS, ARM, etc.) are a plus.
• Basic understanding of commercial P&C insurance products, coverage concepts, or rating principles preferred.
Company:
MGT is the first AI neo-insurer: a modern, full-stack carrier built by experienced industry professionals. Founded in 2023, the company is headquartered in Sherman Oaks, USA, with a team of 51-200 employees. The company is currently Growth Stage.

Apply