Product Manager - Commercial Insurance (Specialty Lines)
Location: Hybrid in Chicago, IL
Industry: Specialty Property & Casualty Insurance
Level: Junior through Senior (Product Development / Regulatory Filing Focus)
About the Company
Our client is a long-standing, nationally recognized specialty insurer with a century of stability and innovation. Known for their strength in niche commercial lines and complex risk solutions, they operate multiple specialized underwriting companies across the U.S. and Canada. With a Fortune 500 parent and a reputation for excellence, they combine deep technical expertise with a collaborative, forward-thinking culture.
• High-impact product ownership across the entire lifecycle from concept to launch
• Deep specialization in complex commercial lines, including opportunities to support Aviation Liability
• Cross-functional leadership with visibility across actuarial, underwriting, legal, compliance, and operations
• A stable, well-respected organization investing heavily in product modernization
• Growth opportunity through mentorship, innovation, and continuous improvement initiatives
The Role: Product Manager, Commercial Insurance
This individual will drive product strategy, development, and compliance execution for commercial insurance offerings. You'll lead cross-functional teams, draft and refine policy forms, oversee regulatory filings, and ensure products meet market demand and regulatory standards.
Key Responsibilities
• Draft insurance policy forms, endorsements, applications, and state-specific amendments
• Lead structured product development initiatives with clear project plans and timelines
• Partner with business units to refine policy language and rating structures
• Research competitor offerings and prepare market comparisons
• Prepare and submit form, rate, and rule filings; respond to DOI objections
• Review ISO and NCCI circulars and implement required updates
• Analyze state and federal insurance regulations to ensure full product compliance
• Support rollout and implementation of forms and rates
• Provide mentorship and training to junior team members
• Contribute to building a culture of innovation, collaboration, and continuous improvement
What We're Looking For
• Bachelor's degree in Business, Insurance, or related field
• 2-7 years of experience drafting commercial insurance forms
• Strong background in regulatory filing (SERFF, ISO, NCCI, etc.)
• Experience with liability lines - Aviation/Aerospace Liability experience is strongly preferred
• Proven ability to analyze insurance laws, regulations, and circulars
• Project management experience in a cross-functional insurance environment
