Travelers · 2 months ago
Director, Product Development
CT - Hartford
Full-time
Hybrid
Director/Executive
$120K/yr - $199K/yr
6+ years expTravelers is a leading property casualty insurer with a commitment to innovation and collaboration. The Director of Product Development will lead the evaluation of market and product opportunities, guide product enhancements, and oversee the Boiler Product Development team to ensure successful product strategies and performance.
Auto InsuranceInsuranceProperty Insurance
Responsibilities
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
Qualification
Required
Bachelor's Degree
Six years of product development experience preferably in the financial services industry
Prior 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
Excellent communication and presentation skills with the ability to interact and influence management
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
Bachelor's Degree or equivalent combination of education and experience
Four years of relevant experience with insurance products, underwriting, coverage, rules, compliance/regulatory environment, and/or insurance financials
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. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. 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.
Company
Travelers
Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business.
10001+ employees
H1B Sponsorship
Travelers has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (75)
2024 (47)
2023 (60)
2022 (42)
2021 (27)
2020 (20)
Funding
Current Stage
Public CompanyTotal Funding
unknown2002-03-22IPO
Leadership Team
Dan Frey
Executive Vice President and Chief Financial Officer
Beth Maerz
SVP, Customer, Strategy and Innovation
Recent News
2026-01-03
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