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Product Development Manager

Job in Glastonbury, Hartford County, Connecticut, 06033, USA
Listing for: Philadelphia Insurance Companies
Full Time position
Listed on 2025-12-03
Job specializations:
  • Insurance
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 109400 - 122300 USD Yearly USD 109400.00 122300.00 YEAR
Job Description & How to Apply Below

Join to apply for the Product Development Manager role at Philadelphia Insurance Companies.

Marketing Statement

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. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.

Job Description

Philadelphia Insurance Companies is looking to add a Product Development Manager to join our Compliance team.

Responsibilities
  • Coordinate and complete new and existing insurance product development projects for Property, General Liability, Auto, Inland Marine, Crime, Farm, Business owners, and Professional Liability.
  • 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 execution and implementation of product enhancements and new products/programs.
  • Prioritize Product Development projects.
  • Manage the product development staff by assigning projects and overseeing work efforts.
  • Coordinate with other functional areas of the Compliance Department on regulatory matters that impact company independent forms and rules.
  • Develop the talent and expertise of the product development specialists.
  • Ensure products meet regulatory requirements and adhere to internal company standards.
Qualifications
  • 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 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.
EEO Statement

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. In order to remain competitive we must attract, develop, motivate, and retain 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/or any other status protected by law.

Benefits

We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401(k) match. Our rich history of outstanding results and growth allow us to focus on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast‑paced work environment with growth potential please apply online. Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at

National salary range: $109,400 - $122,300.

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