Executive Director, Product Strategy & Innovation – Auto & Umbrella

📍 Job Overview

Job Title: Executive Director, Product Strategy & Innovation – Auto & Umbrella

Company: Jobgether (Partner Company)

Location: United States

Job Type: Full-time

Category: Product Strategy & Operations / Innovation Management

Date Posted: 2026-07-29

Experience Level: 10+ Years

Remote Status: Remote OK (within continental US)

🚀 Role Summary

• This senior leadership role focuses on shaping the future of Auto and Umbrella protection products through innovative, member-centric strategies, serving as a critical function within Product Strategy and Innovation.

• The position is responsible for driving product vision, strategy, and execution across complex Auto and Umbrella product portfolios, requiring a deep understanding of product lifecycle management and portfolio performance.

• You will lead the development of next-generation solutions by integrating market insights, technology, data, and customer needs, emphasizing digital transformation and customer-centric solution design.

• The role demands strong business leadership, strategic thinking, and the ability to influence enterprise-wide decisions, with a focus on driving sustainable growth and profitability.

📝 Enhancement Note: While the job title is "Executive Director, Product Strategy & Innovation," the core responsibilities heavily lean into operations and strategic execution within product management. The emphasis on P&L ownership, operational objectives, regulatory compliance, and cross-functional collaboration with Operations aligns this role with strategic operations functions. The "AI_key_skills" and "AI_requirements_summary" confirm the need for a strong operational and strategic execution background in insurance product development.

📈 Primary Responsibilities

• Lead the development and execution of innovative product strategies, roadmaps, and multi-product portfolios across Auto and Umbrella offerings, ensuring alignment with strategic planning objectives.

• Own profit and loss (P&L) performance, operational objectives, and strategic outcomes for assigned product areas, requiring robust financial acumen and risk management.

• Drive product innovation from ideation through execution, including prototyping, design-led approaches, launch planning, and market adoption, with a focus on process optimization for new product introductions.

• Develop and evaluate strategic recommendations for new products, enhancements, digital capabilities, and partnership opportunities, leveraging data-driven insights and market analysis.

• Analyze product performance metrics, market trends, competitive insights, and customer needs to identify growth opportunities and inform product roadmap adjustments.

• Oversee product lifecycle management, including post-launch optimization, underwriting considerations, pricing, forms, and product enhancements, ensuring operational efficiency and compliance.

• Partner with Legal, Compliance, Risk Management, Sales, Marketing, Operations, and other stakeholders to ensure compliant and effective product delivery, emphasizing stakeholder management and cross-functional collaboration.

• Influence enterprise decision-making by presenting recommendations, business cases, and performance updates to senior leadership, utilizing strong executive communication and storytelling skills.

• Establish and maintain a strong product development pipeline aligned with long-term strategic priorities and innovation frameworks.

• Support distribution strategies across digital, mobile, and contact center channels to improve customer experiences and operational efficiency.

• Manage, coach, and develop high-performing teams through recruitment, mentoring, performance management, and leadership development, fostering a culture of continuous improvement.

• Identify, measure, and mitigate risks associated with product strategy, implementation, and ongoing operations, ensuring robust risk management protocols.

• Define multi-year product strategies, investment priorities, and objectives that support innovation and business growth, requiring strategic foresight and long-term planning.

📝 Enhancement Note: The responsibilities highlight a strong operational component beyond traditional product management. Owning P&L, managing operational objectives, overseeing product lifecycle including underwriting and pricing, and partnering closely with the Operations department indicate a need for a candidate with a solid understanding of operational execution and efficiency. This role bridges product strategy with the practicalities of bringing those strategies to life.

🎓 Skills & Qualifications

Education:

• Bachelor’s degree in Business, Marketing, Supply Chain, Statistics, or a related field, or an equivalent combination of education and experience. Experience:

• 10+ years of relevant industry experience in insurance, financial services, or related industries, with a focus on product leadership, strategy development, and business transformation.

• Proven success developing product roadmaps, managing portfolios, and launching complex solutions, demonstrating strong project management and execution capabilities.

• Experience leading large-scale enterprise initiatives and strategic planning efforts, showcasing leadership and organizational change management skills.

• Experience managing P&L performance, forecasting, funding strategies, and long-term business growth initiatives, requiring strong financial modeling and business acumen.

• Ability to shape future product and technology strategies through multi-year planning and innovation frameworks, demonstrating foresight and strategic vision. Required Skills:

• Product Strategy & Innovation: Proven ability to develop and execute innovative product strategies, roadmaps, and portfolios.

• Portfolio Management: Experience managing complex multi-product portfolios, including P&L ownership and performance optimization.

• Strategic Leadership: Demonstrated ability to lead teams, influence enterprise-wide decisions, and drive business transformation.

• Data-Driven Decision Making: Advanced analytical skills to leverage data-driven insights for strategy development and performance management.

• Executive Communication & Stakeholder Management: Strong executive communication, storytelling, negotiation, and stakeholder management skills.

• Product Lifecycle Management: Deep understanding of the entire product development lifecycle (PDLC), from ideation to launch and optimization.

• Insurance Domain Expertise: Direct experience leading product strategy and lifecycle management for Auto and/or Umbrella insurance products.

• Team Leadership: 4+ years of experience building, leading, and developing high-performing teams.

Preferred Skills:

• Underwriting & Actuarial Knowledge: Solid understanding of underwriting considerations, pricing strategies, and actuarial principles within the insurance context.

• Regulatory Compliance & Risk Management: Strong understanding of insurance regulations and risk/compliance requirements.

• Digital Transformation: Experience developing customer-centric solutions leveraging technology, data, and digital capabilities.

• Business Transformation: Experience in driving significant business model or operational changes.

• Military experience: Experience supporting military communities is considered a plus, indicating potential for client-segment specific understanding.

📝 Enhancement Note: The "10+ years of relevant industry experience" combined with the "Executive Director" title suggests a senior-level role requiring seasoned professionals. The emphasis on "Product Strategy & Innovation" alongside P&L ownership and operational objectives points to a need for candidates who can blend strategic vision with practical execution and financial responsibility.

📊 Process & Systems Portfolio Requirements

Portfolio Essentials:

• Demonstrate a portfolio showcasing successful product strategy development and execution, highlighting innovation initiatives from concept to market launch.

• Include case studies that illustrate effective portfolio management, including P&L responsibility, performance metrics, and strategic outcomes achieved.

• Present examples of product lifecycle management, detailing how products were optimized post-launch, considering underwriting, pricing, and operational adjustments.

• Showcase experience in developing and evaluating strategic recommendations for new products, digital capabilities, or partnerships, with clear articulation of business cases and ROI. Process Documentation:

• Provide documentation or examples of how product strategies were translated into actionable roadmaps and development plans, showcasing workflow design and project execution.

• Illustrate experience in defining and implementing innovation frameworks and design-led approaches for new product development.

• Demonstrate proficiency in analyzing product performance data, market trends, and customer needs to inform ongoing process improvement and strategic adjustments.

📝 Enhancement Note: For an Executive Director role focused on strategy and innovation, a portfolio is crucial. It should not only showcase strategic thinking but also the ability to translate strategy into actionable plans, manage complex processes, and deliver tangible business results. Emphasis on innovation, product lifecycle, and P&L management will be key for portfolio review.

💵 Compensation & Benefits

Salary Range:

• Competitive annual salary range of $169,88