Director, Product Strategy

The Mutual Group

Director of Product Strategy overseeing commercial insurance lines for TMG. Leading strategy, performance, and compliance across multiple teams and product offerings.

Posted 6/21/2026full-timeIllinois, Iowa, Ohio, Texas • 🇺🇸 United StatesLead💰 $126,000 - $170,000 per yearWebsite

About the role

Key responsibilities & impact

Own the end‑to‑end strategy and roadmap for assigned commercial lines in support of Segment strategies
Own the overall commercial lines of business, including coverage and rating plans, ensuring appropriate competitiveness and differentiation to drive profitable growth
Own the end-to-end process for underwriting lines of business, including minimum standards, guidelines, and use of 3rd-party data
Evaluate market trends, competitive landscape, loss performance, emerging risks, and customer needs to guide product decisions
Identify opportunities for product innovation, expansion, simplification, or retirement
Ensure alignment between product strategy and enterprise growth, profitability, and risk appetite
Accountable for product P&L performance, including premium growth, rate adequacy, and loss ratio results
Partner with Underwriting and Actuarial on pricing strategies, filings, and profitability analyses
Monitor and forecast product performance; recommend corrective actions as needed
Serve as the primary product leader coordinating across Underwriting, Actuarial, Claims, Product Management, Distribution, Marketing, Operations, and IT
Partner with segment leadership to align product strategy with segment strategy and deliver a cohesive market approach, resulting in clear product requirements and priorities
Influence and support decision‑making on segment underwriting guidelines and appetite changes
Partner with Distribution and Marketing to develop product positioning, value propositions, and launch strategies
Support internal and broker education, training, and product communications
Ensure products are easy to understand, sell, and administer
Ensure products comply with state and federal regulations and internal governance standards
Foster a culture of accountability, data‑driven decision‑making, and continuous improvement
Influence by leading through collaborative partnerships with Underwriting, Actuarial, Claims, Distribution, Compliance, and Technology to align stakeholders and resolve competing priorities
Drive disciplined, data‑informed decision‑making by establishing governance and standards and leveraging portfolio performance, market insights, and financial metrics

Requirements

What you’ll need

Bachelor’s degree highly preferred; MBA or advanced degree preferred
10+ years of experience in Commercial Lines insurance, with progressive responsibility in product management, underwriting, or strategy
Proven experience owning product performance and leading cross‑functional initiatives
Deep understanding of Commercial Casualty, underwriting principles, and pricing fundamentals
Strong financial acumen with the ability to analyze profitability and growth drivers
Experience working with regulatory filings and insurance compliance requirements
Excellent leadership, communication, and stakeholder management skills
Ability to balance strategic thinking with hands‑on execution
Comfort operating in a matrixed, fast‑paced environment

Benefits

Comp & perks

Competitive base salary plus incentive plans for eligible team members
401(K) retirement plan that includes a company match of up to 6% of your eligible salary
Free basic life and AD&D, long-term disability and short-term disability insurance
Medical, dental and vision plans to meet your unique healthcare needs
Wellness incentives
Generous time off program that includes personal, holiday and volunteer paid time off
Flexible work schedules and hybrid/remote options for eligible positions
Educational assistance

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

product managementunderwritingpricing strategiesfinancial analysisregulatory compliancedata analysismarket analysisproduct innovationP&L managementrisk assessment

Soft Skills

leadershipcommunicationstakeholder managementstrategic thinkingcollaborationdecision-makingaccountabilityadaptabilityproblem-solvingtraining

Certifications

Bachelor's degreeMBA or advanced degree