Job Summary:
MGT Insurance is an AI-driven, neo-insurer focused on evolving commercial P&C insurance. The Product Development Manager will develop, enhance, and manage the company’s commercial P&C products, leading new product development and collaborating cross-functionally to bring products from concept to market.
Responsibilities:
• Lead the design and launch of new commercial products, forms, and coverages
• Manage the lifecycle of existing products to ensure competitiveness and profitability
• Develop underwriting guidelines, eligibility criteria, and coverage specifications
• Partner on product strategy, prioritization, and roadmap planning
• Draft and maintain forms, endorsements, and coverage language
• Support pricing and rating updates with actuarial
• Contribute to state filings, including documentation and regulator responses
• Drive product initiatives from concept through implementation and post-launch monitoring
• Translate product requirements for system configuration
• Partner with underwriting, claims, and distribution to align product design with business needs
• Collaborate with compliance, legal, actuarial, and engineering to ensure accuracy and scalability
• Ensure compliance with jurisdictional requirements
• Monitor legislative and industry changes impacting products
• Analyze performance, loss trends, and competitive positioning to drive improvements
• Present insights, recommendations, and product updates to stakeholders
• Develop product documentation, training materials, and internal communications
• Serve as a subject matter expert on coverage intent and product design
Qualifications:
Required:
• ~8–12 years in underwriting, product development, or commercial P&C coverage
• Experience developing products, forms, or pricing approaches
• Familiarity with regulatory filings and compliance processes
• Strong market analysis and competitive intelligence skills
• Bachelor’s degree in Business, Risk Management, Finance, or related field
• Strong commercial P&C underwriting and coverage knowledge
• Analytical and problem-solving skills with attention to detail
• Clear communication and ability to influence across teams
• Highly organized with the ability to manage multiple priorities
• Proficiency in MS Office
Preferred:
• Experience influencing product strategy or portfolio performance is a plus
• CPCU, ARM, AU, or similar designations are a plus
• Tableau or Power BI experience is a plus
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.