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Product Development Manager Jobs in Chicago, IL (NOW HIRING)

JOB SUMMARY The Product Development Technician supports the Cresco Lab's business strategy in ... Ability to manage multiple projects concurrently * Demonstrates initiative, accountability, and a ...

Lead and oversee the product development team in a dynamic a fast-paced manufacturing environment ... Evaluate, prioritize, and schedule projects; assign to Project Managers based on complexity ...

Lead product development projects through ITW's New Product Development process, managing priorities, timelines, risks, and project execution from concept through launch. * Partner with Manufacturing ...

Showing results 41-60

Product Development Manager information

See Chicago, IL salary details

$43.8K

$130.9K

$149K

How much do product development manager jobs pay per year?

As of Sep 6, 2026, the average yearly pay for product development manager in Chicago, IL is $130,919.00, according to ZipRecruiter salary data. Most workers in this role earn between $118,000.00 and $147,400.00 per year, depending on experience, location, and employer.

What is a product development manager?

A Product Development Manager is a professional responsible for overseeing the process of creating new products or improving existing ones within a company. They coordinate cross-functional teams, manage timelines, and ensure that products meet market needs and business objectives. Their role often includes market research, product design, testing, and working closely with marketing, engineering, and sales teams to bring products to market successfully.

What does a product development manager do?

A product development manager helps a company design new goods and merchandise to increase sales and revenue. As a product development manager, you collaborate with market research and product marketing managers to form development and marketing strategy around new product ideas. You also work with teams in the product development and marketing departments to implement strategies and design new goods or services. You oversee quality assurance testing to ensure that the end user is satisfied with the products your company creates.

What are the key skills and qualifications needed to thrive as a product development manager, and why are they important?

To thrive as a Product Development Manager, you need expertise in project management, market analysis, and product lifecycle strategies, usually supported by a degree in business, engineering, or a related field. Familiarity with tools like Agile methodologies, product management software (e.g., Jira, Trello), and certifications such as PMP or Scrum Master are highly beneficial. Strong leadership, communication, and problem-solving skills help you motivate teams and navigate cross-functional collaboration. These competencies are crucial for driving innovation, meeting market demands, and ensuring successful product launches.

What are some common challenges a product development manager might face when balancing stakeholder expectations and project timelines?

A Product Development Manager often navigates the challenge of balancing diverse stakeholder expectations with realistic project timelines. Stakeholders, such as marketing, sales, and engineering teams, may have differing priorities or urgency, which can lead to conflicting demands. Effective communication, setting clear project milestones, and regularly updating all parties are essential strategies. Additionally, managing scope creep and ensuring alignment on product vision help prevent delays and maintain focus on deliverables.

What is the difference between Product Development Manager vs Product Manager?

AspectProduct Development ManagerProduct Manager
Primary FocusOversees the development process, managing teams and technical aspectsDefines product vision, strategy, and manages the product lifecycle
Required SkillsTechnical knowledge, project management, team leadershipMarket research, user experience, strategic planning
Work EnvironmentCollaborates with engineering, design, and production teamsWorks closely with marketing, sales, and customer feedback

While both roles are integral to product success, the Product Development Manager primarily focuses on managing the development process and technical teams, whereas the Product Manager concentrates on defining the product vision and strategy. Understanding these distinctions helps organizations assign the right responsibilities and professionals to each role.

Is product development manager a 9-5 job?

Product development managers often work standard business hours, but their schedule can extend beyond 9-5 depending on project deadlines, meetings, and company needs. They may need to be flexible, especially during product launches or critical phases, and often collaborate with cross-functional teams across different time zones.

What are the most commonly searched types of Product Development jobs in Chicago, IL?

The most popular types of Product Development jobs in Chicago, IL are:

What are popular job titles related to Product Development Manager jobs in Chicago, IL?

For Product Development Manager jobs in Chicago, IL, the most frequently searched job titles are:

What cities near Chicago, IL are hiring for Product Development Manager jobs?

Cities near Chicago, IL with the most Product Development Manager job openings:

Infographic showing various Product Development Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $130,919 per year, or $62.9 per hour.

AVP Product Development

Arthur J. Gallagher & Co. (AJG)

Rolling Meadows, IL • On-site

$180 - $240/hr

Other

Medical, Dental, Vision, Life, Retirement

Posted 19 days ago


Arthur J. Gallagher & Co. rating

7.6

Company rating: 7.6 out of 10

Based on 93 frontline employees who took The Breakroom Quiz

219th of 315 rated insurance


Job description

Introduction

At Gallagher Bassett, we're there when it matters most because helping people through challenging moments is more than just our job, it’s our purpose. Every day, we help clients navigate complexity, support recovery, and deliver outcomes that make a real difference in people’s lives. It takes empathy, precision, and a strong sense of partnership—and that’s exactly what you’ll find here. We’re a team of fast-paced fixers, empathetic experts, and outcomes drivers — people who care deeply about doing the right thing and doing it well. Whether you're managing claims, supporting clients, or improving processes, you’ll play a vital role in helping businesses and individuals move forward with confidence. Here, you’ll be supported by a culture that values teamwork, encourages curiosity, and celebrates the impact of your work. Because when you’re here, you’re part of something bigger. You’re part of a team that shows up, stands together, and leads with purpose.

How you'll make an impact

Gallagher Bassett’s client-facing systems are industry-leading, consistently recognized by independent reviewers. As VP of Product Development – Client Facing Systems, you will have the chance to shape the future of these award-winning systems, including innovations great and small that will make them differentiating offerings for Gallagher Bassett for years to come.

Responsibilities:
  • Proposes and gains leadership buy-in on a clear vision for core product innovation globally ensuring continual improvement in terms of system usability, functionality, flexibility, security, and distinctiveness — ultimately driving system usage and client satisfaction.
    • Ensures the voice of business stakeholders (e.g., clients and GB Client Services) are heard and that their needs are represented in the vision
  • Deconstructs product vision into achievable product roadmap and feature blueprints, aligning with delivery (IT) teams on technical feasibility
    • Establishes product roadmaps (internal and external) and keeps these up to date
    • Acts as business owners throughout the development process to ensure that decisions (both major and detailed) are made in furtherance of the product vision
  • Oversees implementation of core product vision in partnership with execution functions (e.g., Gallagher Bassett (GB) IT, Analytics, Data Science; and technology/vendor partners)
    • Aligns with GB IT on technical platform(s) to meet core product needs where an existing platform is insufficient
    • Influences vendor and partner product direction, both formally and informally, to the benefit of GB and to fulfill the product roadmap
  • Sets direction for product marketing materials, providing sales and marketing personnel key points of differentiation that should be highlighted
    • Respond to RFP/RFIs regarding the product vision and roadmap
  • Manages the product on a day to day basis, including:
    • Performing release management, including communications with users and stakeholders about core product changes and improvements
    • Providing direction on prioritization of product-related work
    • Acting as business owner during outages or technical issues (prioritize the need based on criticality / impact to end users and cost to resolve)
    • Acting as subject matter expert for sales, marketing, and user support
  • Owns and manages the product budget, including forecasting, tracking spend, and ensuring investments align with the product vision and business priorities
  • Manages vendor contracts and relationships, including negotiating terms, overseeing service levels, and holding vendors accountable to their commitments
About You

Required:

  • Minimum 8 years of relevant professional and/or technical experience, including experience leading product and/or technology initiatives.
  • Minimum 5 years of relevant experience with client-facing systems.
  • Strong analytical, problem solving, communication, and critical thinking skills.
  • Strong understanding of product development and product management principles.
  • Strong experience developing and maintaining product roadmaps.
  • Proven experience managing projects and working in an agile manner.
  • Technical fluency with regard to client-facing systems and/or business intelligence technology platforms.
  • Knowledge of emerging business intelligence / analytics topics and trends, including their potential application to insurance.
  • Bachelor's degree; 6 years professional experience with quantitative analysis.
  • Less than 20% travel. Highly polished presentation skills.

Preferred:

  • Degree in a related field.
  • Background in claims, insurance, or financial services.
  • Experience working in an agile product development environment.

Work traits:

  • Adroitly pivots from visionary thinking (creative, high-level thinking; unconstrained by the today’s technical reality) to technical implementation (practical, detail-oriented) depending on the situation.
  • Combines empathy (“putting yourself in the users’ shoes”) with creativity to deliver a better product and higher client satisfaction.
  • Communicates in a clear, structured manner.
  • Breaks down large problems or challenges into bite-sized chunks that can be more easily solved; able to communicate such problem-solving frameworks to others.
  • Delegates to others as appropriate (e.g., to support team for user questions).
  • Sets clear expectations with delivery functions to ensure their work deliverables meet product goals.
Compensation and benefits

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

  • Medical/dental/vision plans, which start from day one!
  • Life and accident insurance
  • 401(K) and Roth options
  • Tax-advantaged accounts (HSA, FSA)
  • Educational expense reimbursement
  • Paid parental leave

Other benefits include:

  • Digital mental health services (Talkspace)
  • Flexible work hours (availability varies by office and job function)
  • Training programsGallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
  • Charitable matching gift program
  • And more...

The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process.

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non‑conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer‑employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

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