Product Development Supervisor

West Bend Insurance Company

81d • $106,451 - $133,064

About The Position

The Product Development Supervisor supports the creation and enhancement of innovative P&C insurance products at West Bend. This role focuses on supervising product development activities, coordinating cross-functional efforts, and ensuring timely delivery of product initiatives. The supervisor promotes product thinking, supports modernization efforts, and guides team members through agile practices and execution. This role is instrumental in translating strategic product goals into actionable development plans.

Requirements

• 5 years of experience in product development within the P&C insurance industry.
• 1 year of leadership experience.
• Ability to mentor and develop others.
• Understanding of P&C insurance principles, regulations, and market dynamics.
• Ability to analyze data, identify trends, and develop creative solutions.
• Communication, presentation, and collaboration skills.
• Proficiency in product lifecycle tools and project management software.
• Ability to supervise multiple projects and priorities in a fast-paced environment.
• Familiarity with insurance regulations and compliance requirements.
• Proficiency with product management tools, data analysis tools, and regulatory filing systems.

Nice To Haves

• Bachelor’s degree in Business, Insurance, Risk Management, or a related field.

Responsibilities

• Supervise day-to-day product development activities, ensuring alignment with business goals and timelines.
• Conduct market and competitive research to identify opportunities for new or improved P&C insurance products.
• Analyze customer feedback and industry trends to inform product decisions.
• Assist in drafting coverage forms and policy language tailored to specific market segments.
• Coordinate cross-functional teams (e.g., underwriting, actuarial, IT, legal) throughout the product lifecycle.
• Ensure product filings and implementations comply with state and federal insurance regulations.
• Collaborate with compliance and legal teams to monitor regulatory changes and adjust product offerings.
• Support pricing strategy development in partnership with underwriting and actuarial teams.
• Work with IT to enable digital product delivery and system configuration.
• Assist sales and marketing teams with product positioning, training, and go-to-market planning.
• Monitor product performance and customer satisfaction, recommending improvements as needed.
• Provide coaching and guidance to product managers, fostering collaboration and continuous development.
• Participate in personnel actions such as performance evaluations and development planning.

Benefits

• Medical & Prescription Insurance
• Health Savings Account
• Dental Insurance
• Vision Insurance
• Short and Long Term Disability
• Flexible Spending Accounts
• Life and Accidental Death & Disability
• Accident and Critical Illness Insurance
• Employee Assistance Program
• 401(k) Plan with Company Match
• Pet Insurance
• Paid Time Off. Standard first year PTO is 17 days, pro-rated based on month of hire. Enhanced PTO may be available for experienced candidates
• Bonus eligible based on performance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees