ZipRecruiter

Log In

1

Product Development Jobs in Wheaton, IL (NOW HIRING)

Bcbsa

Medicare Product Development Lead

Chicago, IL

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Supports synthesis of regulatory guidance, sub-regulatory memos, and policy developments, recommending strategic implications and product strategy adjustments for team consideration. * Supports go-to ...

ITW

New Product Development Engineering Manager

Glenview, IL · On-site

$111K - $139K/yr

Why This Role Matters The New Product Development Engineering Manager at ITW Mechanical Fastening, a division of ITW, plays a critical role in shaping the future of some of the construction industry ...

Kraft Heinz Company

Sci, R&D - Product Dev

Glenview, IL · On-site

$77K - $97K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Scientist, R&D Product Development - Cream Cheese Are you passionate about Food innovation and ready to make a significant impact on iconic brands? Join the dynamic and cross-functional team at Kraft ...

previous page

Showing results 41-60

All JobsProduct Development JobsProduct Development Jobs in Wheaton, IL

Product Development information

See Wheaton, IL salary details

$41.1K

$122.7K

$139.7K

How much do product development jobs pay per year?

As of Aug 16, 2026, the average yearly pay for product development in Wheaton, IL is $122,734.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,700.00 and $138,200.00 per year, depending on experience, location, and employer.

What is product development?

Product development is the process of creating new products or enhancing existing products to improve market value. It includes all aspects of research, design, testing, and marketing. Product development takes months or years to implement properly because marketers and analysts watch market trends over time to determine whether a product is satisfying a consumer need or want.

What is product development?

Product development is the process of creating new products or improving existing ones to meet customer needs and business goals. It involves several stages, including idea generation, market research, design, prototyping, testing, and launching the product to the market. Product development often requires cross-functional collaboration between teams like marketing, engineering, design, and manufacturing. The goal is to deliver a product that provides value to customers and stands out in the marketplace.

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

To thrive in Product Development, you need expertise in market research, project management, and product lifecycle understanding, often supported by a degree in engineering, business, or a related field. Familiarity with tools like Agile software, prototyping platforms, and product management systems (e.g., Jira, Trello) is typically required. Creativity, strong communication, and cross-functional collaboration are crucial soft skills for success in this role. These competencies ensure the creation of innovative, user-centric products that successfully reach the market and meet business goals.

What are some common challenges faced by professionals in product development, and how can they be addressed?

Product Development professionals often encounter challenges such as balancing customer needs with technical feasibility, managing cross-functional team communication, and meeting tight deadlines. Navigating these issues typically involves clear prioritization, regular stakeholder check-ins, and fostering a collaborative environment with engineering, design, and marketing teams. Utilizing agile methodologies and maintaining open feedback channels can also help streamline processes and ensure alignment on project goals.

What is the difference between Product Development vs Product Management?

AspectProduct DevelopmentProduct Management
Primary FocusDesigning, creating, and building productsStrategizing, planning, and overseeing product lifecycle
Required SkillsTechnical skills, engineering, designMarket research, communication, leadership
Work EnvironmentEngineering teams, R&D, technical departmentsCross-functional teams, executive meetings
Common CertificationsEngineering degrees, technical certificationsProduct management certifications (e.g., PMP, Scrum)

Product Development focuses on creating and building products, involving technical and engineering tasks. Product Management involves strategizing, planning, and guiding the product's lifecycle, requiring strong market and leadership skills. While they collaborate closely, their core responsibilities differ: one builds, the other manages the product's success.

How much do product developers get paid?

Product developers typically earn a median annual salary of around $85,000, with salaries ranging from approximately $60,000 to over $120,000 depending on experience, location, and industry. Entry-level positions generally start lower, while experienced developers or those in senior roles can earn significantly more, especially with specialized skills or certifications.

Is product development a good career?

Product development is a viable career that involves designing, creating, and improving products, often requiring skills in project management, design, and technical tools. It offers opportunities across various industries and can lead to roles in management or specialized technical fields, with a focus on innovation and problem-solving.

What skills do you need to be a product development?

Product development professionals need strong skills in project management, market research, and technical knowledge relevant to their industry. They should have excellent communication, problem-solving abilities, and proficiency with tools like CAD software or data analysis programs. Understanding customer needs and working collaboratively across teams are also essential for success in this role.
More about Product Development jobs

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

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

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

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

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

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

Product Development jobs near you
Infographic showing various Product Development job openings in Wheaton, IL as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 16% Part Time, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $122,734 per year, or $59 per hour.

Medicare Product Development Lead

Bcbsa

Chicago, IL

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago

Job description

Job Description Summary:
This role operates as a strategic resource across the Medicare Advantage (MA) function, bringing analytical depth, competitive intelligence, and cross-functional coordination to advance enterprise Medicare product objectives. This position will address the highest-priority needs of the MA program and strategy across CMS/regulatory, pricing and financial modeling, product, formulary, network, Stars/Quality strategy in addition to broader programmatic execution. The Lead Consultant independently conducts market and performance analysis, develops strategic recommendations, and coordinates across functional partners to ensure cohesive, insight-driven execution. This position collaborates with Compliance, Legal, Actuarial, Clinical, Network, Sales, and Operations teams and serves as a connective resource across the MA function to advance both near-term deliverables and longer-term strategic initiatives.

Responsibilities include but are not limited to:

  • Lead benefit design decisions across core and supplemental benefit categories, balancing member value, competitive positioning, and margin targets. Reviews competitive intelligence, translate population health insights and utilization data into benefit configurations that differentiate the MA EGWP offering. Partner with actuarial to review benefit cost assumptions against enrollment and risk score scenarios. Drive strategic framing of pricing decisions driving financial modeling to support product decisions.
  • Ownership of product roadmap towards CMS bid cycles, other regulatory contract requirements and internal governance timelines. Supports synthesis of regulatory guidance, sub-regulatory memos, and policy developments, recommending strategic implications and product strategy adjustments for team consideration.
  • Supports go-to-market strategy support and Plan engagement coordination across the MA function. Develops strategic materials and analytical frameworks to support compliant member-facing and broker-facing program execution in partnership with Sales and Field Services. Coordinates with Plan partners on engagement activities, distribution strategy, and training support. Monitors go-to-market performance indicators and recommends strategic adjustments to improve market penetration, member acquisition, and retention outcomes.
  • Supports broader MA program strategy including Part D formulary strategy, network strategy and Stars/Quality strategy with cross functional partners.
  • Serves as a connective resource across the MA organization, coordinating with functional leaders, Plan partners, and enterprise stakeholders to advance cross-cutting priorities. Represents the Medicare product function in working groups, advisory forums, and stakeholder discussions, bringing analytical perspectives and strategic context. Builds and maintains effective relationships across the broader BCBSA Medicare ecosystem to support integrated, enterprise-aligned program execution.

The posting range for this position is:

129,959.06 - 175,749.89

Required Education, Certifications and Experience:


Education:

  • Required BS in Healthcare, Business Administration, Public Health, or related field; or equivalent experience

Experience:

  • Required 7+ Years Experience in healthcare product development, Medicare product management, or health plan operations, with a track record of independent execution and cross-functional coordination.


Knowledge Skills and Abilities*:

  • Proficient knowledge of Medicare Advantage and Part D benefit design, CMS regulatory requirements, and the annual bid cycle process (HPMS submissions, benefit package configuration, regulatory review).
  • Demonstrated ability to independently execute complex work streams, coordinate across multiple functions, and manage concurrent deliverables in a regulated environment.
  • Strong analytical skills with ability to interpret utilization data, competitive benchmarking, and quality/Stars metrics to drive benefit enhancement decisions.
  • Strong written, oral communication, and presentation skills; ability to develop clear analytical materials and represent workstream findings to senior stakeholders.
  • Proficiency in Microsoft Office (Word, Excel, PowerPoint); familiarity with project management tools and data visualization platforms.
  • Effective stakeholder coordination and relationship-building skills with the ability to collaborate across Legal, Compliance, Actuarial, Clinical, and Operations functions.
  • Understanding of FEHBP program structure and applicable regulatory requirements as they relate to MA EGWP product design and administration preferred.


#LI_HYBRID

The posted salary range is the lowest to highest salary we, in good faith, believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the hiring range and this hiring range may also be modified in the future. A candidate's position within the hiring range may be based on several factors including, but not limited to, specific competencies, relevant education, qualifications, certifications, relevant experience, skills, seniority, performance, shift, travel requirements, and business or organizational needs.This job is also eligible for annual bonus incentive pay.

We offer a comprehensive package of benefits including paid time off, 11 holidays, medical/dental/vision insurance, generous 401(k) matching, lifestyle spending account and many other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Apply