Product Development Manager, Commercial Insurance

MGT Insurance

1d•$160,000 - $205,000

About The Position

The Product Development Manager, Commercial Insurance will develop, enhance, and manage MGT’s commercial property and casualty products. The portfolio includes BOP, commercial auto, general liability, property, and package programs, as well as specialty lines, excess/umbrella, crime, and inland marine. The role leads new product development, coverage and form updates, state filings from planning through approval, and development of underwriting guidelines. It works cross-functionally with underwriting, claims, actuarial, compliance, distribution, and engineering to take products from concept to market and improve their performance. The manager also guides the use and development of AI tools for product preparation and analysis. This is a senior individual-contributor opportunity for an experienced underwriting or product professional with strong technical expertise and business judgment who is comfortable working autonomously in a dynamic environment.

Requirements

Approximately 8–12 years of experience 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 for forms, rates, and rules in SERFF, including regulator interaction and objection responses.
Experience developing underwriting guidelines and eligibility criteria.
Strong market analysis and competitive intelligence skills.
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 skills and ability to influence across teams.
Highly organized, with the ability to manage multiple filings and priorities.
Proficiency in MS Office.
Bachelor’s degree in Business, Risk Management, Finance, or a related field.

Nice To Haves

Experience with specialty lines, excess/umbrella, crime, and inland marine.
Experience using or applying AI tools to improve preparation, analysis, and documentation.
Experience influencing product strategy or portfolio performance.
CPCU, ARM, AU, or similar designation.
Tableau or Power BI experience.

Responsibilities

Lead the design and filing of new commercial products, forms, and coverages across the stated commercial and specialty lines.
Work with product line leaders to implement filings and strategy across products.
Manage filings and updates for existing products to support competitiveness and profitability.
Work with underwriting to develop underwriting guidelines, eligibility criteria, and coverage specifications.
Partner on product strategy, prioritization, and roadmap planning.
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.
Manage the end-to-end SERFF filing process for forms, rates, and rules, including filing strategy, state sequencing, timelines, and effective-date planning.
Own filing quality and compliance by reviewing exhibits, memoranda, and submissions before filing.
Lead regulator communications and responses to objections 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.
Guide development and use of AI tools for filing preparation, form and endorsement comparison, competitive filing research, and rate and loss analysis.
Identify and prioritize AI and workflow-automation use cases to improve product development and filing speed and quality.
Set standards for validating AI-generated work against filed forms, rates, rules, and underwriting guidelines, and ensure human review before filing or production use.
Partner with engineering and data teams on requirements and implementation, and direct the Product Development Analyst in building and refining AI tools.
Drive adoption of AI-enabled workflows across product, underwriting, and compliance.
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.
Ensure compliance with jurisdictional requirements, including state-specific form, rate, and rule filing requirements.
Monitor legislative, regulatory, and industry changes affecting products.
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.