Job summary
Job post source
This job is directly from Philadelphia Insurance Companies
Job overview
The Product Development Manager at Philadelphia Insurance Companies leads insurance product development projects to ensure competitive, compliant, and market-aligned offerings in various commercial insurance lines.
Responsibilities and impact
The role involves managing product development staff, coordinating with actuarial, IT, underwriting, claims, and compliance teams, prioritizing projects, and overseeing product lifecycle from development to implementation.
Compensation and benefits
The salary range is $109,400 to $122,300 nationally, with benefits including tuition reimbursement, a generous 401K match, paid vacation, medical benefits, educational incentives, family-friendly benefits, and investment incentives.
Experience and skills
Candidates need a bachelor's degree or equivalent 10 years in P&C product development, five years of commercial and professional underwriting experience, management experience, and knowledge of ISO forms, bureau filings, and regulatory compliance.
Career development
The company emphasizes people development, internal career opportunities, and growth potential within a fast-paced environment.
Work environment and culture
Philadelphia Insurance Companies values diversity, equal opportunity, and a supportive work environment focused on growth and development.
Company information
Philadelphia Insurance Companies, part of the Tokio Marine Group, is a nationally recognized insurer since 1962, known for commercial property/casualty and professional liability products with high ratings and industry accolades.
Team overview
The Product Development Manager leads a team of product development specialists and collaborates closely with cross-functional leaders in actuarial, IT, underwriting, claims, and compliance departments.
Application process
Applicants can apply online at PHLY.com or send resumes to the provided email address; the company encourages qualified candidates to apply promptly.
Unique job features
The role offers involvement in diverse insurance product lines, regulatory compliance oversight, and the opportunity to influence product strategy in a well-established insurance company.
Company overview
Philadelphia Insurance Companies (PHLY) is a leading provider of property and casualty insurance products and services. They specialize in niche markets such as non-profit organizations, sports and fitness, and professional liability. PHLY generates revenue through underwriting insurance policies and managing risk for their clients. Founded in 1962, the company has a strong reputation for customer service and financial stability, and it operates as a subsidiary of Tokio Marine Group, one of the largest insurance groups globally.
How to land this job
Tailor your resume to emphasize your experience coordinating product development projects and managing teams, highlighting your leadership in overseeing product lifecycle from conception to implementation.
Showcase your knowledge of P&C insurance products, underwriting principles, and familiarity with ISO forms, bureau filings, and compliance regulations as these are critical for the role.
Apply through multiple platforms such as Philadelphia Insurance Companies' official career site (PHLY.com) and LinkedIn to maximize your application visibility and chances of being noticed.
Connect with current employees in the Product Development or Compliance departments at Philadelphia Insurance Companies on LinkedIn; use ice breakers like commenting on recent product launches or asking about how they navigate regulatory challenges in product development.
Optimize your resume for ATS by including keywords like 'product development,' 'P&C insurance,' 'underwriting,' 'ISO forms,' 'compliance,' and 'team management' to ensure your resume passes initial electronic screenings.
Use Jennie Johnson's Power Apply feature to automate applying across multiple job boards, tailor your resume for ATS, and identify LinkedIn connections to network with, allowing you to focus your energy on interview preparation and skill development.
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