Product Development Director jobs in Illinois

Product Development Director plans and directs the resources and processes required to implement the vision and strategy for new product development and product lifecycle management of existing products. Establishes research and concept development projects and capabilities to innovate new products, product enhancements, and product redesign. Being a Product Development Director conducts market analysis and interacts with customers and prospects to identify new markets, articulate the value proposition, define requirements, and lead the development of a product roadmap. Oversees new product development and collaboration with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products support the organization's financial goals. Additionally, Product Development Director develops teams with the knowledge and expertise to fulfill product development objectives. Requires a bachelor's degree. Typically reports to senior management. The Product Development Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Product Development Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Director Product Development (Insurance)
  • iQuasar LLC
  • Oakbrook Terrace, IL FULL_TIME
  • One of our clients in Oakbrook Terrace, IL needs a Director of Product Development for a full - time position.

    • Position: Director Product Development
    • Position Type: Full -Time
    • Location: Oakbrook Terrace, IL
    • Travel: Hybrid

    Job description:

    The Director of Product Management strategically 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.

    This position reports to the Head of Marketing.

    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)
    • Expert knowledge of all rating and product activities

    Travel Required:

    • Travel may be required to attend educational conferences.

    Workplace policy:

    • BCS has a hybrid office policy. This position will be required to be in the office on average 2 day a week.

    Job Type: Full-time

    Salary: $100,000.00 - $125,000.00 per year

    Benefits:

    • 401(k)
    • Dental insurance
    • Health insurance
    • Paid time off
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Monday to Friday

    Experience:

    • Business development: 1 year (Preferred)
    • Sales: 1 year (Preferred)
    • Insurance sales: 8 years (Preferred)
    • Market analysis: 1 year (Preferred)

    Ability to Commute:

    • Oakbrook Terrace, IL 60181 (Required)

    Ability to Relocate:

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

    Willingness to travel:

    • 25% (Preferred)

    Work Location: In person

  • 1 Day Ago

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Director, Product Development (Hybrid)
  • American Medical Association
  • Chicago, IL FULL_TIME
  • Director, Product DevelopmentChicago, IL (Hybrid) The American Medical Association (AMA) is the nation's largest professional Association of physicians and a non-profit organization. We are a unifying...
  • 17 Days Ago

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Senior UX Director, Product Design
  • SpotOn: Product
  • Chicago, IL FULL_TIME
  • Senior UX Director, Product Design Remote (Central or East Time Zone) At SpotOn, we’re helping small businesses and restaurants compete and win with technology to better connect with their customers. ...
  • 1 Month Ago

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Associate
  • Leapfrog Product Development
  • Chicago, IL FULL_TIME
  • Who We Are As one of the fastest-growing on-the-go drinkware companies in America, we’ve got a reputation for doing great things. Our vision is simple - bring delight to eating and drinking. Delight i...
  • 21 Days Ago

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Test Technician
  • Leapfrog Product Development, LLC
  • Chicago, IL FULL_TIME
  • Who We AreAs one of the fastest-growing on-the-go drinkware companies in America, we’ve got a reputation for doing great things. Our vision is simple - bring delight to eating and drinking.Delight is ...
  • 24 Days Ago

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Logistics Associate
  • Leapfrog Product Development, LLC
  • Chicago, IL FULL_TIME
  • Who We AreAs one of the fastest-growing on-the-go drinkware companies in America, we’ve got a reputation for doing great things. Our vision is simple - bring delight to eating and drinking.Delight is ...
  • 1 Month Ago

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Director of Product Development
  • Midwest Personnel Resource LLC
  • Location: CA Category: Apparel w/technical functionality for active sports (think: mountain biking, outdoor sports) I ha...
  • 3/28/2024 12:00:00 AM

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New Product Development - Director
  • The Williams Company
  • Sausalito, CA
  • We are conducting a search for a New Product Development - Director for a consumer products firm in CA. A very attractiv...
  • 3/28/2024 12:00:00 AM

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Director, Drug Product Development & Manufacturing
  • Biomea Fusion Inc.
  • Redwood City, CA
  • Position Summary: The Director, Drug Product Development and Manufacturing is responsible for leading the CMC drug produ...
  • 3/28/2024 12:00:00 AM

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Associate Director / Director, Product Development
  • Avalyn Pharma Inc
  • Cambridge, MA
  • Job Description Job Description Associate Director / Director, Product Development Company Overview: Avalyn Pharma is de...
  • 3/28/2024 12:00:00 AM

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Director, Packaging + Product Development, Brand 3
  • ODDITY
  • New York, NY
  • About ODDITY: ODDITY is a consumer tech company that builds and scales digital-first brands to disrupt the offline-domin...
  • 3/27/2024 12:00:00 AM

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McConnells Dessert and Ice Cream Chef Innovator
  • MCCONNELL'S FINE ICE CREAMS LLC
  • Oxnard, CA
  • Job Description Job Description McConnell’s Fine Ice Creams is looking for a Dessert & Ice Cream Chef - Innovator to hel...
  • 3/27/2024 12:00:00 AM

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Product Development Director
  • TriSearch
  • Job Summary: The Product Development Manager – Adjacencies & Innovationis primarily responsible for working with the Off...
  • 3/25/2024 12:00:00 AM

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Combination Product Development Director
  • BD (Becton, Dickinson and Company)
  • Franklin Lakes, NJ
  • **Job Description Summary** The Combination Product Development Director (CPDD) is accountable for the value creation of...
  • 3/25/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Product Development Director jobs
$201,731 to $286,718

Product Development Director in Madison, WI
Product development, also called new product management, is a series of steps that includes the conceptualization, design, development and marketing of newly created or newly rebranded goods or services.
January 10, 2020
Product Development Director in Toledo, OH
Product developers play an important role in small businesses.
January 14, 2020
Product Development Director in Racine, WI
Great products start with great insights, and great insights are powered by a broad perspective.
January 27, 2020