Travelers

Director, Product Development – General Liability, Professional and Umbrella

Travelers

full-time

Posted on:

Location Type: Hybrid

Location: Hartford • Connecticut • Maryland • United States

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Salary

💰 $120,400 - $198,700 per year

Job Level

Lead

About the role

  • Lead the development, execution and enhancement of product strategies and actions including business scope, go-to-market strategies, and agile methodologies by influencing key stakeholders to achieve financial objectives.
  • Influence and communicate strategies and associated action plans with key stakeholders and related initiatives to gain consensus for recommendations.
  • Oversee and execute market, competitor, and consumer research analysis to identify and recommend new products, markets and services or enhance existing ones.
  • Proactively develop solutions to product challenges and gain buy-in from key stakeholders to adopt recommendations.
  • Manage the design, development, and implementation of system and process solutions that align with the product’s strategy.
  • Identify and test new products, markets or partnership opportunities or enhance existing ones by collaborating with stakeholders and other entities and vendors.
  • Lead and guide a team for product enhancement work including launch and rollout plans related to product strategies and action plans.
  • Ensure strategies and plans address compliance needs and regulatory requirements.
  • Oversee development of communication, training, and marketing materials in support of new or enhanced products and initiatives.
  • Manage monitoring and measurement mechanisms for product strategies and initiatives in support of outlined strategic success criteria and present findings and recommendations to leadership.
  • Perform other duties as assigned.

Requirements

  • Bachelor's Degree.
  • Six years of product development experience preferably in the financial services industry.
  • One year people management experience.
  • Insurance experience with expert understanding of products, underwriting, coverage, rules, forms, regulatory environment, risk management, pricing/filing processes and insurance financials.
  • Able to interpret business specific translations and solutions.
  • Proven innovation skills including thinking critically about multiple perspectives and approaches to solving problems.
  • Has deep understanding of Travelers' business strategy and plan objectives to align with enterprise goals.
  • Excellent analytical skills with the ability to evaluate and understand current data and systems, find deficiencies/opportunities, recommend changes, and translate into business impacts.
  • Excellent storyteller for relaying information, interacting, and influencing all levels of the organization.
  • Demonstrated leadership skills with the ability to manage change, develop employees, and align resources to accomplish key objectives.
Benefits
  • Health Insurance : Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum.
  • You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs.
  • In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Applicant Tracking System Keywords

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

Hard Skills & Tools
product developmentagile methodologiesmarket analysisconsumer researchsystem designprocess implementationcompliancerisk managementpricing processesdata analysis
Soft Skills
influencingcommunicationproblem solvingcritical thinkingstorytellingleadershipchange managementemployee developmentresource alignmentanalytical thinking
Certifications
Bachelor's Degree