Director, Product Development at Assurant

San Jose, California, United States

Assurant Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Bachelor’s degree in a relevant field
  • 7+ years of product management experience in the Property & Casualty (P&C) industry, preferably Renters insurance
  • Deep understanding of P&C insurance, product lifecycle, regulatory environment, and risk management
  • Strong leadership skills with a focus on coaching, feedback, and team development
  • Ability to work in a matrix organization and influence across multiple levels
  • Broad business knowledge across finance, marketing, operations, underwriting, regulatory, technology, and legal

Responsibilities

  • Lead and develop a team of Product Managers and Specialists, fostering innovation, accountability, and continuous improvement
  • Drive strategic product development with a focus on profitability, competitive positioning, and customer relevance
  • Oversee product lifecycle management from ideation through launch and optimization
  • Foster a team culture of proactive, strategic thinking and confident decision-making
  • Collaborate cross-functionally with Underwriting, Marketing, Regulatory, IT, Sales, and Operations
  • Ensure compliance with state and federal regulations across all jurisdictions
  • Develop and present business cases for new products and enhancements, including financial analysis
  • Source new business ideas through market research, client interactions, and competitive analysis
  • Monitor and analyze product performance to inform strategic decisions and rate actions
  • Lead regulatory filings and strategy, ensuring timely and accurate documentation
  • Represent product development in client presentations and industry events
  • Perform pricing and data analysis, applying actuarial concepts to product profitability
  • Analyze rate plans, production costs, and competitive positions to assess business impact
  • Work with affinity teams and channels to align product strategy with distribution goals
  • Act immediately on in-flight initiatives, including liability limit increases and feature enhancements

Skills

Product Development
Product Lifecycle Management
Team Leadership
Strategic Planning
Insurance Expertise
Regulatory Compliance
Financial Analysis
Market Research
Pricing Analysis
Actuarial Concepts
Business Case Development
Cross-Functional Collaboration

Assurant

Provides risk management and insurance solutions

About Assurant

Assurant provides risk management solutions that focus on protecting major consumer purchases, particularly in mobile devices, electronics, and smart technology. The company offers insurance products and extended service contracts that help consumers safeguard their investments in high-value items. When a product is damaged or malfunctions, Assurant also provides repair services to restore it efficiently. This approach helps clients minimize financial losses from unexpected events. Assurant generates revenue through the sale of insurance policies, service contracts, and repair services. Unlike many competitors, Assurant emphasizes diversity, equity, and inclusion within its corporate culture, which enhances its ability to serve a diverse customer base. The company's goal is to support consumers and businesses in maintaining their day-to-day operations while protecting their investments.

New York City, New YorkHeadquarters
1892Year Founded
IPOCompany Stage
Financial Services, Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Hybrid Work Options
Professional Development Budget

Risks

Integration challenges from acquiring iSmash may affect operational efficiency.
Regulatory scrutiny from acquiring American Lease Insurance could pose compliance challenges.
Cultural clashes from acquiring American Financial & Automotive Services may impact operations.

Differentiation

Assurant specializes in risk management for mobile devices and electronics globally.
The company offers insurance, service contracts, and repair services for high-value items.
Assurant's DEI commitment fosters innovation and enhances customer understanding.

Upsides

Increased demand for mobile device insurance due to remote work trends.
5G expansion drives demand for new devices and related insurance products.
Acquisition of iSmash enhances Assurant's tech repair service capabilities.

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