Insurance Product Manager

Also called: Product Manager (Insurance)

Designs new insurance products, deciding what they cover, how they are priced and who they are for.

A day in the life

You design a new policy for food-delivery drivers, work with actuaries on pricing and with lawyers on getting it approved in 30 states.

Pay over a career

Starting
$100k
Typical
$145k
High
$210k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 8 years after high school. Bachelor's in business, finance or actuarial science.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Business Administration, Actuarial Science, Finance.

Outlook

Growing much faster than average (about 15% over 10 years). Tracks financial managers.

Will it last? Our AI estimate

Medium risk for 10 years. AI speeds pricing tests and market research; deciding what to cover and who to serve stays a human business call.

Start now, in high school

Classes: AP Statistics, Business class, Marketing class.

Official data: O*NET occupation 11-3031.

More Insurance careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.