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Product Development Manager

Ryan Specialty · Chicago, Illinois, US

Position Summary The Product Development Manager is responsible for developing and implementing the new product development strategy and prioritizing niche m...

Job description

Position Summary The Product Development Manager is responsible for developing and implementing the new product development strategy and prioritizing niche markets within specialty insurance. The role drives innovation, establishes KPIs, provides regular updates to senior management, engages with clients, and partners, and develops training materials on new specialty insurance products. They lead a collaborative team of product development professionals overseeing design, risk analysis, pricing, and end-to-end product management. What will your job entail?: Job Responsibilities: - Leads and manages a team of product development professionals—including product managers, analysts, and specialists—while fostering a collaborative and innovative culture that drives the successful delivery of new insurance product initiatives. - Partners with Project Management, Product Management, Process Engineering and IT to ensure alignment and execution of business priorities. - Follows project management best practices across both Agile and Waterfall methodologies. - Develops and executes the overall product development strategy, ensuring alignment with company goals, market trends, financial perfo...