Product Development Manager, Commercial Insurance

About MGT Insurance

MGT is the first AI-driven, neo-insurer focused on evolving commercial P&C insurance for the brokers and small business owners. By combining the expertise of industry veterans with state-of-the-art technology, we are ushering in the next evolution of commercial insurance and working to move the industry forward through the use of modern technology, better processes, and a rock-star team. We seek visionary leaders who thrive in dynamic, entrepreneurial settings, and excel in autonomous roles.

The Product Development Manager, Commercial Insurance will play a key role in developing, enhancing, and managing MGT's commercial P&C products across BOP, commercial auto, general liability, property, and package programs, as well as specialty lines, excess/umbrella, crime, and inland marine. This role leads new product development, manages coverage and form updates, manages state filings from planning through approval, and develops underwriting guidelines. You'll work cross-functionally with underwriting, claims, actuarial, compliance, distribution, and engineering to bring products from concept to market and continuously improve performance. The Manager will also guide the use and development of AI tools that assist with product preparation and analysis.

This is an opportunity for an experienced underwriting or product professional who combines strong technical expertise with business judgment and is comfortable operating as a senior individual contributor in a dynamic environment.

Key Responsibilities

Product Development & Lifecycle

• Lead the design and filing of new commercial products, forms, and coverages across BOP, commercial auto, general liability, property, and package lines, specialty, excess/umbrella, crime, and inland marine as the portfolio expands
• Work with product line leaders to implement filings and strategy through the various products.
• Manage and update filing of existing products to ensure competitiveness and profitability
• Work with underwriting to develop underwriting guidelines, eligibility criteria, and coverage specifications
• Partner on product strategy, prioritization, and roadmap planning

Forms, Coverage & Pricing

• Draft and maintain forms, endorsements, and coverage language
• Lead pricing and rating updates with actuarial, including rate, rule, and rating plan changes
• Review and approve rating manuals, rules, and rate pages prepared for filing and system configuration

Filing Management

• Manage the end-to-end filing process for forms, rates, and rules in SERFF, including filing strategy, state sequencing, timelines, and effective-date planning
• Own filing quality and compliance, including review of exhibits, memoranda, and submissions before they are filed
• Lead regulator communications and objection responses through approval
• Maintain the filing calendar and tracker, and ensure approved filings are accurately reflected in system configuration
• Provide guidance and work direction to the Product Development Analyst on filing and product development work

AI Tools for Preparation & Analysis

• Guide the development and use of AI tools that assist with product development preparation and analysis, including filing preparation, form and endorsement comparison, competitive filing research, and rate and loss analysis
• Identify and prioritize use cases where AI and workflow automation can improve speed and quality across product development and filings
• Set standards for validating AI-generated work product against filed forms, rates, rules, and underwriting guidelines, and ensure appropriate human review before use in filings or production
• Partner with engineering and data teams on requirements and implementation, and direct the Product Development Analyst in building and refining these tools
• Drive adoption of AI-enabled workflows across product, underwriting, and compliance

Cross-Functional Execution

• Drive product initiatives from concept through implementation and post-launch monitoring
• Translate product requirements for system configuration
• Partner with underwriting, claims, and distribution to align product design with business needs
• Collaborate with compliance, legal, actuarial, and engineering to ensure accuracy and scalability

Regulatory & Market Alignment

• Ensure compliance with jurisdictional requirements, including state-specific form, rate, and rule filing requirements
• Monitor legislative, regulatory, and industry changes impacting products

Performance & Communication

• Analyze performance, loss trends, and competitive positioning to drive improvements
• Present insights, recommendations, and product updates to stakeholders
• Develop product documentation, training materials, and internal communications
• Serve as a subject matter expert on coverage intent and product design

Qualifications

Experience

• ~8-12 years in underwriting, product development, or commercial P&C coverage
• Experience developing products, forms, or pricing approaches for BOP, commercial auto, general liability, commercial property, and package policies
• Experience managing state filings (forms, rates, and rules) in SERFF, including regulator interaction and objection responses
• Experience with specialty lines, excess/umbrella, crime, and inland marine is desired
• Experience developing underwriting guidelines and eligibility criteria
• Strong market analysis and competitive intelligence skills
• Experience using or applying AI tools to improve preparation, analysis, and documentation is desired
• Experience influencing product strategy or portfolio performance is a plus

Education

• Bachelor's degree in Business, Risk Management, Finance, or related field
• CPCU, ARM, AU, or similar designations are a plus

Skills & Capabilities

• Strong commercial P&C underwriting and coverage knowledge
• Strong working knowledge of state filing requirements and SERFF
• Analytical and problem-solving skills with attention to detail
• Clear communication and ability to influence across teams
• Highly organized with the ability to manage multiple filings and priorities
• Proficiency in MS Office; Tableau or Power BI experience is a plus

Compensation & Benefits

The base salary range for this role is $160,000 - $205,000, depending on experience, skills, and location. This role may also be eligible for a performance bonus and equity.

MGT offers a comprehensive benefits package, including health, dental, vision, and retirement plans.

We recognize that no candidate will meet every qualification and encourage individuals with relevant experience and interest in the role to apply.

Please note: MGT does not accept unsolicited resumes from staffing vendors, including recruitment agencies and/or search firms. Please do not forward resumes to our jobs alias, MGT employees, or any other company location. Any submittals without a prior signed agreement will become property of MGT.

Our Commitment to Diversity, Equity & Inclusion

At MGT, inclusion drives excellence and belonging sustains it. We believe diverse perspectives make us stronger, more innovative, and more connected to the people we serve. We value every voice, champion equity, and create space where all people can grow and succeed together.

Equal Employment Opportunity Statement

MGT is proud to be an Equal Opportunity Employer. We do not discriminate in employment opportunities or practices based on race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, genetic information, marital status, military or veteran status, or any other status protected by applicable law.

All employment decisions are based on qualifications, merit, and business needs. We are committed to providing reasonable accommodations for qualified individuals with disabilities throughout the application and employment process. If you need assistance or accommodations, please contact us at accommodations@mgtinsurance.com.

This job description is intended to outline the general nature and level of work performed by employees in this role. It is not an exhaustive list of all responsibilities, duties, or qualifications required. MGT Insurance reserves the right to modify, interpret, or apply this job description in any way the company deems appropriate.