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

Winlandfoods

Product Development Intern

Oak Brook, IL · Hybrid

$27.50/hr

Product Development Intern Schedule: (Hybrid) Monday and Friday are remote, while Tuesday-Thursday ... Skills in project leadership, project management, time management and organizational skills

Imbibe

Scientist, Product Development

Niles, IL

$82K - $100K/yr

They are proficient in self-management and project prioritization to meet business and client needs ... Preferred Qualifications5+ years of progressive experience in beverage product development, ideally ...

Mizkan

Product Development Food Scientist

Mount Prospect, IL · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

This role manages multiple projects of varying complexity simultaneously and completes work with ... Product development and commercialization experience. * Understanding of ingredient functionality ...

ITW

Sr. Product Development Engineer

Glenview, IL · On-site

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 ...

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All JobsProduct Development JobsProduct Development Manager JobsProduct Development Manager Jobs in Elgin, IL

Product Development Manager information

See Elgin, IL salary details

$42K

$125.5K

$142.8K

How much do product development manager jobs pay per year?

As of Aug 18, 2026, the average yearly pay for product development manager in Elgin, IL is $125,528.00, according to ZipRecruiter salary data. Most workers in this role earn between $113,200.00 and $141,400.00 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.
More about Product Development Manager jobs

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

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

What job categories do people searching Product Development Manager jobs in Elgin, IL look for?

The top searched job categories for Product Development Manager jobs in Elgin, IL are:

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

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

Product Development Manager jobs near you
Infographic showing various Product Development Manager job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 18% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $125,528 per year, or $60.4 per hour.

Product Development Specialist

Tokio Marine North America Services

Naperville, IL • On-site

Full-time

Re-posted 13 days ago

Job description

Job Summary:
Tokio Marine North America Services is expanding their Product Development team. The Product Development Specialist will support Property & Casualty products by drafting policy wordings and liaising with Compliance during the filing process, ensuring that products are clear, competitive, and compliant.
Responsibilities:
• Drafting and updating coverage forms, endorsements, and rate/rule pages
• Preparing clear, well-supported explanatory memos for submission to Departments of Insurance (DOIs)
• Researching competitor filings to help inform product market positioning
• Monitoring regulatory and legal changes and translating them into timely updates to forms and rules
• Partnering with Underwriting and Actuarial to clarify project intent and confirm rating approach
• Collaborating with Claims to refine form language and improve clarity
• Supporting State Filings by compiling and organizing filing materials for DOI submissions
• Responding to DOI objections and coordinating updates with Underwriting and Actuarial
• Reviewing system requirements with IT to ensure programming aligns to the approved filing
Qualifications:
Required:
• Excellent research, detail, creative problem solving and project management skills
• Strong influencing skills to ensure alignment with Underwriting, Actuarial, Operations, Claims, IT and Compliance
• Strong command of ISO Commercial Lines, ISO Manuals/Circulars, regulatory concepts, along with a strong collaborative, proactive and self-starter nature
• Superior interpersonal, communication, and time management skills and ability to develop and foster relationships with key internal and external stakeholders and contribute in a dynamic, fast-paced environment and effectively deliver on multiple priority matters
Preferred:
• Insurance Designations a plus (CPCU, ASLI, AU, etc.)
• Bachelor’s degree (or higher) from an accredited college/university preferred
Company:
Tokio Marine North America Services delivers innovative and market-leading solutions to our Tokio Marine insurance companies. Founded in 2012, the company is headquartered in Bala Cynwyd, USA, with a team of 201-500 employees. The company is currently Growth Stage.

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