PL Product Development Portfolio Lead

NJM Insurance Group•Trenton, NJ

3d•$146,108 - $169,734

About The Position

The PL Product Development Portfolio Lead is responsible for leading the PL Product Development portfolio and driving Product Development execution from ideation through design. The role partners with Product Development leadership, senior business leaders, Actuarial, State Management, Underwriting, Claims, Marketing, and Finance to advance strategic priorities and support profitable portfolio growth. The Lead aligns priorities, scope, and resources with strategic objectives; maintains product roadmaps, dashboards, and portfolio views; and serves as the central contact for Product Development initiatives. The role also leads the creation, evaluation, and recommendation of products and enhancements for assigned lines of business, while supporting stakeholder alignment, change management, and continuous improvement.

Requirements

Bachelor's degree or equivalent experience.
At least five years of experience in actuarial, insurance product analytics, product management, or a related role with increasing responsibility.
One to two years of successful experience in a Product Development role within the property and casualty insurance industry.
Strong analytical, critical thinking, project leadership, and problem-solving skills.
Advanced Excel and database skills.
Proficiency with Microsoft Office applications.
Excellent written, verbal, and presentation communication skills.

Nice To Haves

Degree in Mathematics, Statistics, Actuarial Science, Data Analytics, Economics, Finance, or a related quantitative business discipline.
Demonstrated success leading insurance product enhancements from concept through implementation.
Experience presenting recommendations to senior leadership and executive-level stakeholders.
Knowledge of Personal Lines products, regulatory environments, and market trends.

Responsibilities

Contribute to Product Development initiatives through collaborative leadership, conflict resolution, resource prioritization, and roadmap planning.
Lead discussions with business owners and senior stakeholders to define priorities, clarify goals, and support strategic decisions.
Promote collaboration, alignment, and change management through transparent communication of roadmaps, status, issues, and risks.
Serve as a change leader and role model through influence, credibility, and continuous improvement.
Align Product Development priorities, scope, and resources with strategic objectives.
Develop and maintain product roadmaps, dashboards, and portfolio views reflecting strategic priorities and implementation timelines.
Serve as the central contact for Product Development initiatives and keep stakeholders informed about status, dependencies, priorities, and upcoming changes.
Lead creation, evaluation, and recommendation of new products and enhancements for assigned lines of business.
Present product strategies, recommendations, roadmaps, and implementation status to leadership and stakeholder groups, including executive audiences.
Build and maintain relationships across Actuarial, Underwriting, Claims, Contact Center, Finance, Marketing, and Business Process teams.
Facilitate discussions to resolve concerns, gain consensus, and communicate product changes to policyholders and internal staff.
Identify, assess, and manage risks across product initiatives and implementation efforts.
Conduct competitor and market research to identify opportunities and address consumer pain points.
Recommend process enhancements, prioritization changes, and innovative solutions to support strategic objectives.