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iQuasar
Oakbrook Terrace, IL | Full Time
$163k-193k (estimate)
2 Months Ago
Director of Product Management
iQuasar Oakbrook Terrace, IL
$163k-193k (estimate)
Full Time | IT Outsourcing & Consulting 2 Months Ago
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iQuasar is Hiring a Director of Product Management Near Oakbrook Terrace, IL

Job Overview:
The Director of Product Managementstrategically drives the development and management of insurance products in the BCS portfolio of solutions using market research and analysis, customer/distributor feedback, and performance data (sales, underwriting, financial, etc.). This person will also work with the Underwriting and Actuarial departments in rate and risk profile development. The ideal candidate is forward-thinking, strategic, and customer service-oriented.

Essential Elements

  • Research market trends and collect competitor intel to help guide product strategy and share learnings from the market across the broader organization
  • Utilize voice of the customer and broker to assess go/no go activity with product development
  • Assess the results of current product performance and recommend improvements and/or enhancements
  • Measure the impact of product changes to ensure the implementation and results match what was planned
  • Partner with Actuarial and Underwriting teams to work on the development of coverage, pricing levels, and policy requirements
  • Collaborate with the Compliance team to facilitate regulatory approval and implement new features
  • Product training (internal and external)
  • Work with marketing leads on collateral development and upkeep, which includes forms, presentations, brochureware, etc.
  • Coordinate with Operations to ensure products are stood up on our systems, third-party vendors are ready, contracts are in good order, technology and tools are in place, etc.

Requirements

Education and Certifications

  • Bachelor's Degree or equivalent insurance training

Experience

  • 8 or more years of insurance industry experience in a product development role
  • Highly proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint) ยท
  • Expert knowledge of all rating and product activities

If you are a highly motivated individual with a passion for driving innovation through product management, we would love to hear from you. Join our team as the Director of Product Management and play a key role in shaping our product strategy and driving business success.

Job Type: Full-time

Salary: $125,000.00 - $135,000.00 per year

Experience level:

  • 10 years

Schedule:

  • 8 hour shift

Application Question(s):

  • What is your Visa Status?

Experience:

  • Product management: 10 years (Required)
  • Product Launch Planning: 1 year (Required)
  • UI/UX design launching: 1 year (Required)

Ability to Relocate:

  • Oakbrook Terrace, IL 60181: Relocate before starting work (Required)

Work Location: Hybrid remote in Oakbrook Terrace, IL 60181

Job Summary

JOB TYPE

Full Time

INDUSTRY

IT Outsourcing & Consulting

SALARY

$163k-193k (estimate)

POST DATE

03/27/2024

EXPIRATION DATE

07/23/2024

WEBSITE

iqits.com

HEADQUARTERS

Sterling, VA

SIZE

<25

INDUSTRY

IT Outsourcing & Consulting

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The job skills required for Director of Product Management include Product Management, Innovation, Planning, Product Strategy, Product Development, Analysis, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Product Management. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Product Management. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Director of Product Management positions, which can be used as a reference in future career path planning. As a Director of Product Management, it can be promoted into senior positions as a Product Management Senior Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Product Management. You can explore the career advancement for a Director of Product Management below and select your interested title to get hiring information.

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If you are interested in becoming a Director of Product Management, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Product Management for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director of Product Management job description and responsibilities

Director of Product Management advocate for their products with executives and other stakeholders.

01/08/2022: Chillicothe, OH

The Director of Product Management oversees and ensures that the functions of the Junior Product Manager, Product Manager, Senior Product Manager, and Head of Product Management are efficiently and effectively executed.

03/27/2022: Greensboro, NC

Collaboration leads to clear and efficient product road mapping, product planning, prioritization, and an overall agile product development process.

03/10/2022: Allentown, PA

The best Director of Product Management use purpose-built product management software like Aha! Roadmaps to drive results.

02/14/2022: Flagstaff, AZ

Director of Product Management provide the expertise needed to lead and make strategic product decisions.

04/01/2022: Ogden, UT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Product Management jobs

Where practitioners of more established crafts, like design and engineering, have been able to segment themselves by their specialization, Director of Product Management are still defining what the role should be.

03/28/2022: Augusta, GA

Aligning stakeholders around the vision for the product.

01/18/2022: Hialeah, FL

While a product manager defines the direction of the product through research, vision-setting, alignment, and prioritization, the product owner should work more closely with the development team to execute against the goals that the product manager helps

01/28/2022: Dothan, AL

Clearly understanding the costs and benefits of each choice guides the product manager toward the right decision.

02/27/2022: Columbus, MS

Director of Product Management are responsible for leading the product organization for a larger product vertical, managing a larger team of PMs and setting strategy for the organization.

01/10/2022: Gulfport, MS

Step 3: View the best colleges and universities for Director of Product Management.

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