Vice President - Product Development Leader

Starr Insurance Companies$275K — $300K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Risk Management, Insurance, or related field; advanced degree or CPCU/ARM preferred.
  • 10+ years in commercial insurance product development, underwriting, or leadership, with recent Director- or VP-level experience.
  • Expert knowledge in insurance product development, pricing methodologies, and regulatory requirements.
  • Familiarity with product development systems and tools for workflow and project tracking.
  • Proven track record in leading successful insurance product creation, approval, and lifecycle management.
  • Experience influencing and aligning senior cross-functional teams in a matrixed environment.

Responsibilities

  • Drive the creation and enhancement of insurance products based on strategic profit center needs.
  • Translate opportunities into actionable product development plans with clear business cases.
  • Lead cross-functional teams to manage product development, review, and launch phases.
  • Collaborate with actuarial and underwriting to align pricing strategies with profitable growth.
  • Oversee compliance with state regulatory requirements and support resolution of inquiries.
  • Coordinate execution of product launches ensuring stakeholder clarity on roles and timelines.
  • Champion continuous improvement through product insights and operational enhancements.

Benefits

  • Cultivates a culture of innovation and continuous improvement.
  • Promotes executive visibility into product development and lifecycle management.
  • Fosters a collaborative environment for cross-functional teams.
  • Enhances professional growth through leadership opportunities.
  • Supports competitive positioning of the product portfolio.
Full Job Description
The Vice President - Product Development Leader is a senior leadership role responsible for managing and coordinating Starr's development and continuous enhancement of insurance products and their introduction to market across Starr's profit centers and segments. Product opportunities and business priorities will be identified by the profit centers in alignment with Starr's Chief Underwriting Office; this leader will convert those priorities into disciplined, executable product strategies and will provide senior-level coordination among relevant stakeholders and across functional areas, including underwriting, actuarial, claims, legal, compliance, IT, operations, and distribution. The role is accountable for ensuring product development and enhancement initiatives advance effectively through creation, approval, filing, launch, and lifecycle management while supporting product competitiveness, regulatory discipline, operational readiness, and Starr's broader growth objectives. Key Responsibilities Product Vision & Development 3 Provide senior leadership for the creation and continuous enhancement of insurance products, endorsements and coverage enhancements based on opportunities, product needs, and strategic priorities identified by the profit centers. 3 Translate profit-center opportunities into clear and actionable product development plans, including business case, scope, stakeholder inputs, required approvals, implementation milestones, and success measures. 3 Lead cross-functional engagement across underwriting, actuarial, claims, legal, compliance, IT, operations, and distribution to drive product initiatives through development, review, filing, launch, and post-launch management. Pricing Strategy & Underwriting Alignment 3 Partner with actuarial and underwriting leadership to support pricing models, product structures, and risk guidelines that support profitable growth, underwriting discipline, and long-term portfolio performance. 3 Provide strategic oversight of state rate, rule and form filings and related state regulatory approval efforts, ensuring alignment among product, actuarial, legal, compliance, and business stakeholders. Regulatory & Compliance Leadership 3 Ensure product-line compliance with applicable state regulatory requirements. 3 Serve as a senior business representative in supporting the resolution of regulatory inquiries regarding product coverage. Product Launch, Distribution & Lifecycle Management 3 Coordinate cross-functional execution of product launches and enhancements, ensuring stakeholders and functions understand their responsibilities, timing, dependencies, deliverables, and facilitate escalation of open issues. 3 Support product education and rollout activities for internal teams and distribution partners to ensure consistent and effective implementation of approved products. 3 Own the enterprise product lifecycle management framework after launch, including coordinating periodic product reviews, performance monitoring, underwriting and claims feedback, and identifying and providing recommendations regarding product enhancement, corrective action, refresh, consolidation, or retirement. 3 Maintain executive visibility into the full product inventory and development pipeline, including product status, ownership, filing posture, launch readiness, dependencies, open issues, and key milestones across profit centers and functional stakeholders. Innovation & Continuous Improvement 3 Use insights from profit centers, customers, distribution partners, and internal stakeholders to identify strategic product enhancements, operational process improvements, and portfolio opportunities. 3 Champion a culture of continuous improvement, ensuring the product portfolio remains competitive, relevant, profitable, and aligned with evolving market, regulatory, and business needs. Qualifications 3 Bachelor's degree in Business, Risk Management, Insurance, or related field; advanced degree or professional designation (CPCU, ARM) strongly preferred. 3 10+ years of progressive experience in commercial insurance product development, underwriting, or product leadership, including recent Director- or VP-level experience within casualty, excess, property, or financial lines. 3 Expert knowledge of insurance product development, policy forms, pricing methodologies, regulatory requirements, and product governance practices. 3 Knowledge and familiarity with systems and tools that support product development, regulatory filings, workflow management, project tracking, reporting, documentation, and product lifecycle management. 3 Demonstrated success in leading the creation, approval, launch, and lifecycle management of profitable commercial insurance products. 3 Extensive experience leading, influencing, and aligning senior cross-functional teams in a matrixed environment. Key Skills & Competencies 3 Enterprise leadership with strong commercial judgment. 3 Exceptional senior stakeholder engagement, influence, and executive communication skills. 3 Advanced project management and organizational capabilities. 3 Strategic, commercially oriented, and creative problem-solving mindset. 3 Strong executive-level writing, verbal communication, presentation, and decision-framing skills. Additional Information 3 Executive presence required, with the ability to represent the organization credibly and confidently with senior internal leaders and other external stakeholders. For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $275,000 - $300,000

About Starr Insurance Companies

Starr Insurance Companies Careers

There has never been a better time to join the global team of Starr Insurance Companies—the leading provider of insurance and investment solutions worldwide.

Work You’ll Do

Join Starr Insurance Companies' top-tier team to assist some of the most prestigious clients in navigating their risk management and insurance strategies. Transform the approach to global insurance solutions with the brightest minds at Starr Insurance Companies. This is where innovation meets industry expertise in a dynamic environment. Lead from a unique position in the marketplace, at the crossroads of deep industry knowledge and extensive insurance innovation. Engage with a worldwide network of professionals dedicated to redefining the future of insurance and risk management. Collaborate with a diverse and inclusive team, fostering a culture of professional growth and diversity training.

Introducing the Starr Insurance Companies Professional Growth Path

The team is committed to building a leading career development framework to help individuals master their professional journey within the insurance industry.

Do Innovative Work

Be part of a team that is at the forefront of industry innovation—delivering targeted solutions through a depth of expertise that is unmatched in the insurance sector.

Drive Innovation and Leadership

Develop and implement groundbreaking solutions on trusted platforms, enhancing Starr Insurance Companies' position as a leader in the insurance industry.

Be Part of a Great Team

Join a team that values diversity and leadership, working on a wide range of initiatives that harness the capabilities of Starr Insurance Companies' global presence.

Future-proof Your Career

Advance your career with limitless opportunities supported by unmatched training, development, and certification programs.

Explore

Discover how Starr Insurance Companies is leading the way in predictive analytics to revolutionize risk assessment and management solutions.

The Starr Insurance Companies Edge

With a commitment to innovation and leadership, Starr Insurance Companies helps clients tackle the challenges of today’s dynamic market. Clients globally turn to Starr Insurance Companies for strategic insights and solutions that drive growth and success in the insurance industry.

Stay Connected

Join the Team

Search open positions that match your skills and interests. Starr Insurance Companies seeks passionate, curious, and solution-driven team players. SEARCH STARR INSURANCE COMPANIES JOBS

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the professionals who work at Starr Insurance Companies.

READ CAREERS BLOG

Job Alert Emails

Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding career opportunities that await at Starr Insurance Companies.
Learn more about Starr Insurance Companies

Similar Jobs

More Jobs at Starr Insurance Companies

More Finance & Insurance Jobs

Find similar Vice President - Product Development Leader jobs: