Product Development Specialist

Job Description

Job Description

At Veracity, we aim to be a different kind of insurance partner—one that is free from outside investors, venture capital, or the pressures of a corporate parent.

Ours is a culture of empowerment – one that believes in effort, results, and accountability. We believe that transparency fosters trust, trust fosters growth, and that growth drives innovation. Our commitment to rigorous evaluation and relentless execution lead to rapid evolution.

We answer only to the small business owners we serve, and this independence allows us to stay focused on what matters most : helping their businesses thrive by providing expert guidance and best-in-class insurance policies.

We’re growing fast and want you to be a part of it!

We’re looking for a talented, passionate Product Development Specialist to join our team. Under the direction of the Product Development Lead this remote role will be responsible for creating innovative and market-leading insurance products and driving their development from concept to launch. They must possess a strong understanding of product development processes, collaborate closely with cross-functional teams, and ensure that our products meet both customer needs and market demands.

Key Responsibilities

Conduct thorough market research to identify customer needs and market trends, providing insights to inform product development decisions

Collaborate cross-functionally with Marketing, Product, Accounting, and Program teams to define product specifications

Help manage project timelines, ensuring milestones are met throughout the development lifecycle

Ensure compliance with relevant industry standards and regulations throughout the product development process

Document development processes and maintain accurate records of product specifications and changes

Help the Product Development Lead coordinate with the New Product Marketing team and other teams to develop launch strategies, including pricing, positioning, and promotional activities

Monitor post-launch performance, gather customer feedback, and implement improvements based on market insights

Stay updated on industry trends, emerging technologies, and advancements in product development methodologies to enhance product offerings

Gather user data and assist with competitive analysis

Executes task lists, quality assurance, and tracks deliverables

Required to perform other duties as requested, directed, or assigned

Requirements and Qualifications

Bachelor’s degree in Marketing, Product Design, or related field required

2+ years’ experience in product development or product management related role

Relevant certifications (PMP, NPDP, etc.) preferred

Proficiency in product design software and tools

Strong problem-solving and analytical skills, with attention to detail and a focus on delivering high-quality products

Strong business acumen and market awareness, with the ability to translate customer needs into product requirements

Familiarity with design thinking methodologies and user-centered design principles

Excellent communication and collaboration skills to work effectively with cross-functional teams

A creative mindset and a passion for innovation and continuous improvement

Perks

Health, dental, and vision plans

Amazing work-life balance with 4 weeks of Paid Time Off

9 Paid Company Holidays with 2 floating holidays

401K Programs with employer match

Personal assistant programs for support in a healthy personal and work life

Why Veracity?

Here at Veracity, you’ll be part of a team of trailblazers and visionaries. We’re not just revolutionizing the way people “do” insurance; we are creating a whole new paradigm. Here, you will experience a vibrant and inclusive workplace where your ideas matter! With us, you have a chance to :

Engage in groundbreaking projects that are reshaping the insurance landscape

Collaborate with a group of dedicated, like-minded professionals

Experience a culture that prioritizes growth and development

Compensation Range : $85k - $100k

We are proud to be an equal-opportunity employer. We are committed to providing equal opportunities to all qualified applicants, regardless of race, color, religion, sex, national origin, disability, or any other legally protected characteristics.

If you need accommodation, please let us know during the interview process.

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