Physicians Mutual is seeking a strategic and experienced Director, Life Product Management to lead our Life Insurance product portfolio. Reporting to the VP of Product Management, this leader will oversee product strategy, product development, profitability, and performance while leading a team of product management professionals.

This role partners closely with Marketing, Distribution, Finance, Underwriting, and Executive Leadership to identify growth opportunities, enhance existing products, and develop innovative solutions that meet customer needs and business objectives.

Responsibilities

• Lead the management of the Life Insurance product portfolio, including strategy, product development and pricing.
• Identify market opportunities and drive new product development and product enhancements.
• Monitor product performance, profitability, sales results, persistency, mortality, expenses, and other key metrics.
• Develop business cases and recommendations for strategic product initiatives.
• Partner cross-functionally to support product launches, regulatory filings, and distribution initiatives.
• Evaluate emerging market trends, competitive activity, and customer insights to guide product strategy.
• Lead and develop a team of product management professionals while fostering a culture of accountability, collaboration, and innovation.
• Support annual planning, forecasting, and long-term business growth objectives.

What Makes You Successful

• Strategic thinker with strong business and financial acumen.
• Data-driven decision maker with exceptional analytical skills.
• Effective leader who develops talent and builds high-performing teams.
• Strong communicator who influences stakeholders across all levels of the organization.
• Skilled at balancing customer needs, market opportunities, and profitability objectives.

Qualifications

Required

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Business, Economics, or a related field (or equivalent experience).
• Fellow of the Society of Actuaries (FSA).
• Member of the American Academy of Actuaries (MAAA) with current continuing education requirements.
• Current Life Insurance product management experience.
• 15+ years of progressive experience in Life Insurance product management, actuarial, or related insurance roles.
• 10+ years of leadership experience.
• Strong knowledge of Life Insurance product design, pricing, profitability management, and regulatory requirements.

Preferred

• Experience supporting independent brokerage and direct-to-consumer distribution channels.
• Proven success leading product strategy and cross-functional initiatives in a complex insurance environment.

About Us

Health. Life. Retirement. The Physicians Mutual family empowers people from all walks of life to enjoy the financial security they deserve. That’s what Insurance for all of us® is about.

The Physicians Mutual family includes Physicians Mutual Insurance Company, Physicians Life Insurance Company and Physicians Select Insurance Company. Physicians Mutual offers reliable dental and supplemental health insurance, and pet insurance. Physicians Life provides important life insurance, Medicare Supplement insurance and coverage for funeral pre-planning. Physicians Select Insurance Company additionally offers exclusive Medicare Supplement insurance.

Since our start in 1902, our dedication to delivering on our promise has helped make us one of the nation’s leading health and life insurance providers. In fact, we are rated in the top 1% of insurance companies. We consistently maintain some of the highest financial strength ratings in the nation from independent insurance analysts, including A.M. Best Company and Weiss Ratings, ensuring we’ll be there for our policyowners and our employees far into the future.

But the achievement we’re most proud of? We have a 95% customer satisfaction rating — a true sign of a company dedicated to embodying its vision.