Vice President of Product Development

Vice President – Product Development Location: Manhattan, New York (Hybrid) James Search Group is partnering with a leading global P&C insurance carrier to appoint a Vice President of Product Development. This is a high-impact leadership role responsible for shaping enterprise product strategy and driving the development and evolution of commercial insurance offerings across multiple business lines. This position plays a critical role in connecting underwriting, actuarial, and operational functions—owning the full product lifecycle from concept and design through regulatory approval, launch, and ongoing performance management. The Role As VP, Product Development, you will translate strategic business priorities into structured, executable product initiatives while leading cross-functional collaboration across underwriting, actuarial, claims, legal, compliance, IT, and distribution. You will ensure product initiatives are delivered efficiently, compliantly, and with a clear focus on profitable growth. Compensation & Benefits Base salary: $270,000 – $300,000 + performance bonus401(k) with company matchComprehensive health, dental, and vision coverageHybrid working model Key Responsibilities Lead the development and enhancement of commercial insurance products, including coverage design and endorsementsTurn business opportunities into clearly defined product plans with timelines, approvals, and measurable outcomesPartner with underwriting and actuarial teams to align pricing strategy, product structures, and risk guidelinesOversee rate, rule, and form filings, ensuring regulatory compliance and stakeholder alignmentDrive end-to-end product launches, ensuring operational readiness across all business functionsEstablish and lead a disciplined product lifecycle management framework, including performance monitoring and continuous improvementMaintain visibility across the enterprise product portfolio, pipeline, and key milestonesIdentify opportunities for innovation based on market trends, broker feedback, and internal insights What We’re Looking For 10+ years of experience within commercial insurance, focused on product development, underwriting, or product leadershipLeadership experience at Director or VP level across lines such as casualty, property, excess, or financial linesStrong knowledge of policy forms, pricing approaches, and regulatory filing processesProven track record of successfully launching and managing profitable insurance productsExperience operating within complex, matrixed environments and influencing senior stakeholdersStrong commercial mindset with the ability to balance growth, risk, and regulatory requirements Key Competencies Strategic leadership with strong execution capabilityExcellent stakeholder engagement and communication skillsStrong organizational and project management expertiseInnovative and solutions-oriented mindset How to Apply Apply directly via LinkedIn or reach out to James Search Group for a confidential discussion. James Search Group is an equal opportunity employer. We are committed to fostering a diverse and inclusive workplace.