Product Development Manager

Product Development Manager

Philadelphia Insurance Companies
, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. The company, operating since 1962, is nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.

The Product Development Manager will coordinate and complete new and existing insurance product development projects for Property, General Liability, Auto, Inland Marine, Crime, Farm, Business owners, and Professional Liability. The role involves overseeing staff, conducting market research, collaborating with cross‑functional teams, and ensuring products are competitive, compliant, and aligned with company goals.

• Work with functional leaders in Actuarial, IT, Stat, Underwriting, and Claims throughout the product development cycle.
• Manage the end‑to‑end product development process, including the execution and implementation of product enhancements and new products/programs.
• Prioritize product development projects and assign projects to staff, overseeing work efforts.
• Coordinate with other areas of the Compliance Department on regulatory matters that impact company independent forms and rules.
• Develop the talent and expertise of product development specialists.
• Ensure products meet regulatory requirements and adhere to internal company standards.

• Bachelor's degree or equivalent of 10 years of Product Development experience in the P&C industry.
• Five years of Commercial and Professional Underwriting experience, or a strong understanding of P&C insurance products, underwriting principles, and market trends.
• Management experience required.
• Knowledge of ISO forms, rates, and rules, including bureau filings, adoption activities, and system development.
• Familiarity with and ability to interpret rules and regulations outlined in compliance and commercial lines bulletins.
• National salary range: $ – $ (ultimate salary will be based on factors such as experience and geographic location).

Tokio Marine Group of Companies (including, but not limited to, the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. The organization attracts, develops, motivates, and retains the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation, and any other status protected by law.

The company offers a comprehensive benefit package, including tuition reimbursement and a generous 401(k) match. Additional benefits include Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits, and Investment Incentives. For more information, visit Philadelphia Insurance Companies Careers.