The Director of Product Development will lead a high-performing team in developing, managing, and enhancing products that fuel growth and profitability. This role demands strategic foresight, deep insurance expertise, and a hands-on leadership style. You’ll ensure offerings remain competitive, compliant, and aligned with Assurant’s vision—while driving immediate impact in a fast-paced environment.
What will be my duties and responsibilities in this job?
Lead and develop a team of Product Managers and Specialists, fostering innovation, accountability, and continuous improvement.
Drive strategic product development with a focus on profitability, competitive positioning, and customer relevance.
Oversee product lifecycle management from ideation through launch and optimization.
People leadership: Foster a team culture of proactive, strategic thinking and confident decision-making.
Collaborate cross-functionally with Underwriting, Marketing, Regulatory, IT, Sales, and Operations.
Ensure compliance with state and federal regulations across all jurisdictions.
Develop and present business cases for new products and enhancements, including financial analysis.
Source new business ideas through market research, client interactions, and competitive analysis.
Monitor and analyze product performance to inform strategic decisions and rate actions.
Lead regulatory filings and strategy, ensuring timely and accurate documentation.
Represent product development in client presentations and industry events.
Pricing and data analysis, applying actuarial concepts to product profitability.
Analyze rate plans, production costs, and competitive positions to assess business impact.
Work with affinity teams and channels to align product strategy with distribution goals.
Act immediately on in-flight initiatives, including liability limit increases and feature enhancements.
Maintain high urgency and readiness, with no ramp-up period—this role requires jumping in from day one.
What are the requirements needed for this position?
Bachelor’s degree in a relevant field.
7+ years of product management experience in the Property & Casualty (P&C) industry, preferably Renters insurance.
Deep understanding of P&C insurance, product lifecycle, regulatory environment, and risk management.
Strong leadership skills with a focus on coaching, feedback, and team development.
Ability to work in a matrix organization and influence across multiple levels.
Broad business knowledge across finance, marketing, operations, underwriting, regulatory, technology, and legal.
What other skills/experience would be helpful to have?
Master’s degree in business, insurance, or related field.
Professional insurance designations (AINS, CPCU, ARM, etc.) or relevant licenses.
Experience in matrix organizations with strong influencing skills.
Advanced financial modeling and strategic planning skills.
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Pay Range:
$119,600.00 - $199,800.00Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.
If there is no posting end date listed then this is a pipeline requisition, and we will continue to collect applications on an ongoing basis.
Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.
For U.S. benefit information, visit myassurantbenefits.com. For benefit information outside the U.S., please speak with your recruiter.
What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 15 countries and awarded the Fortune America’s Most Innovative Companies recognition, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.
Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.
Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.
Job Scam Alert
Please be aware that during Assurant's application process, we will never ask for personal information such as your Social Security number, bank account details, or passwords. Learn more about what to look out for and how to report a scam here.