[Hiring] Product Development Manager @MGT Insurance

Role Description

The Product Development Manager, Commercial Insurance will play a key role in developing, enhancing, and managing MGT’s commercial P&C products across BOP, commercial auto, general liability, property, and package programs, as well as specialty lines, excess/umbrella, crime, and inland marine. This role leads new product development, manages coverage and form updates, manages state filings from planning through approval, 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. The Manager will also guide the use and development of AI tools that assist with product preparation and analysis.

Key Responsibilities

• Product Development & Lifecycle
  • Lead the design and filing of new commercial products, forms, and coverages across BOP, commercial auto, general liability, property, and package lines, specialty, excess/umbrella, crime, and inland marine as the portfolio expands.
  • Work with product line leaders to implement filings and strategy through the various products.
  • Manage and update filing of existing products to ensure competitiveness and profitability.
  • Work with underwriting to develop underwriting guidelines, eligibility criteria, and coverage specifications.
  • Partner on product strategy, prioritization, and roadmap planning.
• Forms, Coverage & Pricing
  • Draft and maintain forms, endorsements, and coverage language.
  • Lead pricing and rating updates with actuarial, including rate, rule, and rating plan changes.
  • Review and approve rating manuals, rules, and rate pages prepared for filing and system configuration.
• Filing Management
  • Manage the end-to-end filing process for forms, rates, and rules in SERFF, including filing strategy, state sequencing, timelines, and effective-date planning.
  • Own filing quality and compliance, including review of exhibits, memoranda, and submissions before they are filed.
  • Lead regulator communications and objection responses through approval.
  • Maintain the filing calendar and tracker, and ensure approved filings are accurately reflected in system configuration.
  • Provide guidance and work direction to the Product Development Analyst on filing and product development work.
• AI Tools for Preparation & Analysis
  • Guide the development and use of AI tools that assist with product development preparation and analysis, including filing preparation, form and endorsement comparison, competitive filing research, and rate and loss analysis.
  • Identify and prioritize use cases where AI and workflow automation can improve speed and quality across product development and filings.
  • Set standards for validating AI-generated work product against filed forms, rates, rules, and underwriting guidelines, and ensure appropriate human review before use in filings or production.
  • Partner with engineering and data teams on requirements and implementation, and direct the Product Development Analyst in building and refining these tools.
  • Drive adoption of AI-enabled workflows across product, underwriting, and compliance.
• Cross-Functional Execution
  • 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.
• Regulatory & Market Alignment
  • Ensure compliance with jurisdictional requirements, including state-specific form, rate, and rule filing requirements.
  • Monitor legislative, regulatory, and industry changes impacting products.
• Performance & Communication
  • 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

• ~8–12 years in underwriting, product development, or commercial P&C coverage.
• Experience developing products, forms, or pricing approaches for BOP, commercial auto, general liability, commercial property, and package policies.
• Experience managing state filings (forms, rates, and rules) in SERFF, including regulator interaction and objection responses.
• Experience with specialty lines, excess/umbrella, crime, and inland marine is desired.
• Experience developing underwriting guidelines and eligibility criteria.
• Strong market analysis and competitive intelligence skills.
• Experience using or applying AI tools to improve preparation, analysis, and documentation is desired.
• Experience influencing product strategy or portfolio performance is a plus.

Education

• Bachelor’s degree in Business, Risk Management, Finance, or related field.
• CPCU, ARM, AU, or similar designations are a plus.

Skills & Capabilities

• Strong commercial P&C underwriting and coverage knowledge.
• Strong working knowledge of state filing requirements and SERFF.
• 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 filings and priorities.
• Proficiency in MS Office; Tableau or Power BI experience is a plus.

Compensation & Benefits

• The 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.