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. Founded in 1962, we are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.

We are looking to add a Product Development Manager to join our Compliance team and lead new and existing insurance product development projects for Property, General Liability, Auto, Inland Marine, Crime, Farm, Business owners and Professional Liability.

• Coordinate and complete product development projects, ensuring they are competitive, compliant, and aligned with company goals.
• Work with functional leaders in Actuarial, IT, Stat, Underwriting and Claims throughout the product development cycle.
• Oversee end‑to‑end product development process including execution and implementation of product enhancements and new products/programs.
• Prioritize product development projects.
• Manage 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 product development specialists.
• Ensure products meet regulatory requirements and adhere to internal company standards.

• Bachelor's degree or equivalent experience and 10 years in Product Development within 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 range: $ - $. The ultimate salary offered will be based on factors such as applicant 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. We 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 or any other status protected by law.

We offer a comprehensive benefit package, including tuition reimbursement and a generous 401(k) match, volunteer benefits, paid vacation, medical benefits, educational incentives, family‑friendly benefits and investment incentives. For more information visit

Location:

Melville, NY.