USAA - Chesapeake, VA
posted about 2 months ago
As a dedicated Product Development Manager at USAA, you will be part of a team focused on developing new Property and Casualty (P&C) product opportunities. This role involves participating in the vetting of new product ideas through a structured decision framework process. You will support the end-to-end development of new products aimed at strategic markets, ensuring that product line initiatives align with compliance, operational improvements, claims management, vendor management, product documentation, fulfillment, and system releases. In this position, you will engage in the development of digital-first products that cater to the needs and risks of USAA members. Your responsibilities will include supporting the launch of innovative product offerings and enhancing existing products with auxiliary features and services. You will advise team members on the launch of new products and assist in evaluating whether to buy, build, or partner for product development. You will be responsible for generating creative product and coverage solutions to maintain a dynamic product development pipeline. This includes maintaining knowledge of business and underwriting performance for products in scope, analyzing internal and external data to support product strategy, and conducting ongoing monitoring of existing products based on performance metrics and market changes. Additionally, you will develop and communicate the value proposition for new product enhancements and guide Member Contact teams on effectively utilizing sales guides. Collaboration with control partners, including Legal, Compliance, and Risk Management, is essential to ensure that product offerings comply with all applicable laws and regulations. You will also be tasked with identifying, measuring, supervising, and controlling risks associated with business activities in accordance with risk and compliance policies.