Product Development Manager, Commercial Insurance

Product Development Manager, Commercial InsuranceSan Francisco, CA, Denver, CO, or Madison WIAbout MGT InsuranceMGT is the first AI-driven, neo-insurer focused on evolving commercial P&C insurance for the brokers and small business owners. By combining the expertise of industry veterans with state-of-the-art technology, we are ushering in the next evolution of commercial insurance and working to move the industry forward through the use of modern technology, better processes, and a rock-star team. We seek visionary leaders who thrive in dynamic, entrepreneurial settings, and excel in autonomous roles.Job SummaryThe Product Development Manager, Commercial Insurance will play a key role in developing, enhancing, and managing MGT's commercial P&C products. This role leads new product development, manages coverage and form updates, supports regulatory filings, and develops underwriting guidelines. You'll work cross-functionally with underwriting, claims, actuarial, compliance, distribution, and engineering to bring products from concept to market and continuously improve performance.This is an opportunity for an experienced underwriting or product professional who combines strong technical expertise with business judgment and is comfortable operating as a senior individual contributor in a dynamic environment.Key ResponsibilitiesProduct Development & LifecycleLead the design and launch of new commercial products, forms, and coveragesManage the lifecycle of existing products to ensure competitiveness and profitabilityDevelop underwriting guidelines, eligibility criteria, and coverage specificationsPartner on product strategy, prioritization, and roadmap planningForms, Coverage & PricingDraft and maintain forms, endorsements, and coverage languageSupport pricing and rating updates with actuarialContribute to state filings, including documentation and regulator responsesCross-Functional ExecutionDrive product initiatives from concept through implementation and post-launch monitoringTranslate product requirements for system configurationPartner with underwriting, claims, and distribution to align product design with business needsCollaborate with compliance, legal, actuarial, and engineering to ensure accuracy and scalabilityRegulatory & Market AlignmentEnsure compliance with jurisdictional requirementsMonitor legislative and industry changes impacting productsPerformance & CommunicationAnalyze performance, loss trends, and competitive positioning to drive improvementsPresent insights, recommendations, and product updates to stakeholdersDevelop product documentation, training materials, and internal communicationsServe as a subject matter expert on coverage intent and product designQualificationsExperience~812 years in underwriting, product development, or commercial P&C coverageExperience developing products, forms, or pricing approachesFamiliarity with regulatory filings and compliance processesStrong market analysis and competitive intelligence skillsExperience influencing product strategy or portfolio performance is a plusEducationBachelor's degree in Business, Risk Management, Finance, or related fieldCPCU, ARM, AU, or similar designations are a plusSkills & CapabilitiesStrong commercial P&C underwriting and coverage knowledgeAnalytical and problem-solving skills with attention to detailClear communication and ability to influence across teamsHighly organized with the ability to manage multiple prioritiesProficiency in MS Office; Tableau or Power BI experience is a plusCompensation & BenefitsThe base salary range for this role is $160,000 $205,000, depending on experience, skills, and location. This role may also be eligible for a performance bonus and equity.MGT offers a comprehensive benefits package, including health, dental, vision, and retirement plans.We recognize that no candidate will meet every qualification and encourage individuals with relevant experience and interest in the role to apply.Please note: MGT does not accept unsolicited resumes from staffing vendors, including recruitment agencies and/or search firms. Please do not forward resumes to our jobs alias, MGT employees, or any other company location. Any submittals without a prior signed agreement will become property of MGT.Our Commitment to Diversity, Equity & InclusionAt MGT, inclusion drives excellence and belonging sustains it. We believe diverse perspectives make us stronger, more innovative, and more connected to the people we serve. We value every voice, champion equity, and create space where all people can grow and succeed together.Equal Employment Opportunity StatementMGT is proud to be an Equal Opportunity Employer. We do not discriminate in employment opportunities or practices based on race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, genetic information, marital status, military or veteran status, or any other status protected by applicable law.All employment decisions are based on qualifications, merit, and business needs. We are committed to providing reasonable accommodations for qualified individuals with disabilities throughout the application and employment process. If you need assistance or accommodations, please contact us at accommodations@mgtinsurance.com.DisclaimerThis job description is intended to outline the general nature and level of work performed by employees in this role. It is not an exhaustive list of all responsibilities, duties, or qualifications required. MGT Insurance reserves the right to modify, interpret, or apply this job description in any way the company deems appropriate.