Product Development Specialist

Veracityins; Pleasant Grove (UT); Remote; USD 85,000 - 100,000; Full time

Job summary

A progressive insurance company in Pleasant Grove is seeking a Product Development Specialist to drive innovative insurance products from concept to launch. The role requires a Bachelor's degree and 2+ years in product development, focusing on market research and cross-functional collaboration. The position offers a competitive salary range of $85k - $100k and includes excellent workplace benefits such as health plans and generous PTO.

Benefits

Health, dental, and vision plans

4 weeks of Paid Time Off

401K Programs with employer match

Personal assistant programs

Qualifications

• 2+ years’ experience in product development or product management related role.
• Relevant certifications (PMP, NPDP, etc.) preferred.
• Familiarity with design thinking methodologies and user-centered design principles.

Responsibilities

• Conduct thorough market research to inform product development decisions.
• Collaborate cross-functionally to define product specifications.
• Monitor post-launch performance and implement improvements.

Skills

Product development processes

Market research

Cross-functional collaboration

Problem-solving

Attention to detail

Communication

Creativity

Education

Bachelor’s degree in Marketing, Product Design, or related field

Tools

Product design software

Job description

Product Development Specialist

At Veracity, we aim to be a different kind of insurance partner—one that is free from outside investors, venture capital, or the pressures of a corporate parent.

Ours is a culture of empowerment – one that believes in effort, results, and accountability. We believe that transparency fosters trust, trust fosters growth, and that growth drives innovation. Our commitment to rigorous evaluation and relentless execution lead to rapid evolution.

We answer only to the small business owners we serve, and this independence allows us to stay focused on what matters most: helping their businesses thrive by providing expert guidance and best-in-class insurance policies.

We’re growing fast and want you to be a part of it!

We’re looking for a talented, passionate Product Development Specialist to join our team. Under the direction of the Product Development Lead this remote role will be responsible for creating innovative and market-leading insurance products and driving their development from concept to launch. They must possess a strong understanding of product development processes, collaborate closely with cross-functional teams, and ensure that our products meet both customer needs and market demands.

Key Responsibilities

• Conduct thorough market research to identify customer needs and market trends, providing insights to inform product development decisions
• Collaborate cross-functionally with Marketing, Product, Accounting, and Program teams to define product specifications
• Help manage project timelines, ensuring milestones are met throughout the development lifecycle
• Ensure compliance with relevant industry standards and regulations throughout the product development process
• Document development processes and maintain accurate records of product specifications and changes
• Help the Product Development Lead coordinate with the New Product Marketing team and other teams to develop launch strategies, including pricing, positioning, and promotional activities
• Monitor post-launch performance, gather customer feedback, and implement improvements based on market insights
• Stay updated on industry trends, emerging technologies, and advancements in product development methodologies to enhance product offerings
• Gather user data and assist with competitive analysis
• Executes task lists, quality assurance, and tracks deliverables
• Required to perform other duties as requested, directed, or assigned

Requirements and Qualifications

• Bachelor’s degree in Marketing, Product Design, or related field required
• 2+ years’ experience in product development or product management related role
• Relevant certifications (PMP, NPDP, etc.) preferred
• Proficiency in product design software and tools
• Strong problem-solving and analytical skills, with attention to detail and a focus on delivering high-quality products
• Strong business acumen and market awareness, with the ability to translate customer needs into product requirements
• Familiarity with design thinking methodologies and user-centered design principles
• Excellent communication and collaboration skills to work effectively with cross-functional teams
• A creative mindset and a passion for innovation and continuous improvement

Perks

• Health, dental, and vision plans
• Amazing work-life balance with 4 weeks of Paid Time Off
• 9 Paid Company Holidays with 2 floating holidays
• 401K Programs with employer match
• Personal assistant programs for support in a healthy personal and work life

Why Veracity?

Here at Veracity, you’ll be part of a team of trailblazers and visionaries. We’re not just revolutionizing the way people “do” insurance; we are creating a whole new paradigm. Here, you will experience a vibrant and inclusive workplace where your ideas matter! With us, you have a chance to:

• Engage in groundbreaking projects that are reshaping the insurance landscape
• Collaborate with a group of dedicated, like-minded professionals
• Experience a culture that prioritizes growth and development

Compensation Range: $85k - $100k
We are proud to be an equal-opportunity employer. We are committed to providing equal opportunities to all qualified applicants, regardless of race, color, religion, sex, national origin, disability, or any other legally protected characteristics.
If you need accommodation, please let us know during the interview process.