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Local Product Leader

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: HDI
Full Time position
Listed on 2026-10-17
Job specializations:
  • Insurance
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 125000 - 160000 USD Yearly USD 125000.00 160000.00 YEAR
Job Description & How to Apply Below

AI Powered. Human Driven.
HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network of local insurers in over 150 countries, enables us to offer comprehensive domestic and global insurance solutions for U.S.

-based multinational companies.
With Xcelerate
29, HDI is shaping its future by becoming a Trusted Global Player
, achieving Next-level Excellence
, and building a Forward-thinking Organisation
. This direction helps HDI Global lead the profitable growth game as a globally connected business, raise the bar every day through stronger underwriting, claims, and investment performance, and win tomorrow by starting today with a lean, fast, resilient, and future-ready organisation. Together, these priorities support profitable growth, sustainable profitability, global consistency, digital transformation, AI acceleration, smart cost leadership, and stronger collaboration across teams and markets.

They also reflect our focus on being a workplace of choice by building a future-ready workforce where people learn, grow, adapt to technology change, and contribute to long-term success.
HDI Global Insurance Company is seeking an experienced Product Manager to join our Product Development Center of Excellence (PD-COE). This role is responsible for the end-to-end ownership of one or more commercial insurance product lines, translating underwriting strategy, market opportunities, regulatory requirements, and operational considerations into actionable product direction. The Product Manager partners closely with Underwriting, Actuarial, Market Compliance, Claims, Operations, and IT to ensure products are designed, implemented, maintained, and governed effectively.

As part of the PD-COE, this position will play a key role in strengthening product management discipline, governance, and scalability across the organization.

Key Responsibilities Product Ownership & Strategy
  • Own and maintain product requirements, priorities, and roadmaps for assigned lines of business.
  • Translate underwriting strategy and market insights into product objectives and requirements.
  • Serve as a central point of coordination for product-related decisions.
  • Conduct ongoing market analysis to ensure products support organizational growth initiatives.
Product Lifecycle Management
  • Support new product development from concept through implementation and launch.
  • Manage ongoing product enhancements and maintenance driven by underwriting needs, regulatory developments, bureau updates, claims experience, and operational considerations.
  • Ensure product intent is consistently reflected across policy forms, rates, rules, underwriting guidelines, and system configurations.
Cross-Functional Collaboration
  • Partner with Underwriting, Actuarial, Market Compliance, Claims, Operations, and IT to ensure product changes are feasible, compliant, and effectively executed.
  • Work with Underwriting and Actuarial teams to define pricing parameters and monitor adherence to approved methodologies.
  • Coordinate the timing and sequencing of product changes to minimize operational disruption and regulatory risk.
  • Develop clear product specifications to support filings, system configuration, and implementation efforts.
  • Serve as a subject matter expert and key contact for product-related regulatory and compliance matters.
Product Performance & Governance
  • Contribute to product reporting and dashboards, monitoring metrics such as premium volume, loss experience, underwriting trends, and operational impacts.
  • Identify and elevate emerging risks, issues, and opportunities for improvement.
  • Participate in PD-COE governance processes, including intake, prioritization, and oversight activities.
  • Serve as the primary point of contact for product-related inquiries within assigned lines of business.
  • Support training, communication, and change management initiatives related to product updates.
Lines of Business
  • Casualty Lines
  • Property Lines, including Inland Marine
  • Specialty Lines
  • Cyber
Qualifications
  • Bachelor's degree in Insurance, Business Administration, Finance, Risk Management, Actuarial Science, or a related field preferred. Equivalent professional experience will be considered.
  • 7+ years of commercial property and casualty insurance experience, including 3+ years in product management, underwriting,…
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