Travelers is looking for a Director, Product Development, Auto to lead the strategy, execution, and enhancement of our auto insurance products. You will be responsible for achieving financial objectives by managing market analysis, developing new products, and overseeing the entire product lifecycle in a collaborative, innovative environment.

What You'll Do

Lead the development, execution, and enhancement of product strategies and actions, including business scope and go-to-market plans, to achieve financial objectives.
Influence and communicate strategies and action plans with key stakeholders to gain consensus for recommendations.
Oversee 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.
Manage the design, development, and implementation of system and process solutions that align with product strategy.
Identify and test new products, markets, or partnership opportunities through collaboration with stakeholders and vendors.
Lead and guide a team for product enhancement work, including launch and rollout plans.
Ensure all strategies and plans address compliance needs and regulatory requirements.
Oversee development of communication, training, and marketing materials for new or enhanced products.
Manage monitoring mechanisms for product strategies and present findings and recommendations to leadership.

What We're Looking For

Bachelor's Degree or equivalent combination of education and experience.
Four years of relevant experience with insurance products, underwriting, coverage, rules, compliance/regulatory environment, and/or insurance financials.

Nice to Have

Six years of product development experience, preferably in the financial services industry.
One year of people management experience.
Insurance experience with expert understanding of products, underwriting, coverage, rules, forms, regulatory environment, risk management, pricing/filing processes, and insurance financials.
Ability 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.
Deep understanding of Travelers' business strategy and plan objectives to align with enterprise goals.
Excellent analytical skills to evaluate current data and systems, find deficiencies/opportunities, recommend changes, and translate into business impacts.
Excellent storytelling skills 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.

Team & Environment

This position may coach, provide feedback, and/or oversee a team, operating within a culture rooted in innovation and collaboration.

Benefits & Compensation

Compensation Range: $117,200.00 - $193,400.00
Health Insurance: Coverage from the first day of employment for employees and eligible family members.
Retirement: 401(k) match dollar-for-dollar up to first 5% of eligible pay, plus a fully-funded Pension Plan and a student loan savings program.
Paid Time Off: Minimum of 20 days annually, plus nine paid company Holidays.
Wellness Program: Tools, discounts, and resources, including a mental health program with free counseling and coaching.
Volunteer Encouragement: Matching Gift and Volunteer Rewards program.

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization.