Director Surplus Lines Product Strategy & Growth

The Travelers Indemnity Company; Hartford (CT); On-site; USD 120,000 - 199,000; Full time

Benefits offered by this job

Health Insurance

401(k) matching with Pension Plan

Paid Time Off 20 days + holidays

Wellness program

Volunteer/Matching Gift

Job summary

The Travelers Indemnity Company is seeking a Director of Product Development for Surplus Lines in Hartford to drive product strategy, forms, and regulatory guidance across BI units. You will lead cross-functional initiatives, coach a team, and ensure compliant, innovative product offerings.

The role requires six years in product development (financial services), strong leadership and communication, and a deep understanding of Travelers' business objectives.

Qualifications

• 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.
• 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.

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.

Skills

Communication

Presentation skills

Analytical thinking

Leadership

Influence

Strategic understanding

Problem solving

Education

Bachelor's Degree

Job description

The Travelers Indemnity Company is seeking a Director of Product Development for Surplus Lines in Hartford to drive product strategy, forms, and regulatory guidance across BI units. You will lead cross-functional initiatives, coach a team, and ensure compliant, innovative product offerings.

The role requires six years in product development (financial services), strong leadership and communication, and a deep understanding of Travelers' business objectives.