Product Development Manager
Join the Team at Adica Insurance
Where people come first and possibilities follow.
Drive product innovation and customer value in a leading insurance organisation.
At Adica Insurance, we're committed to transforming the value of insurance for customers. As part of the global MS&AD Group, we provide Retail Motor Vehicle and Commercial Insurance solutions across Australia through trusted brands including Toyota Insurance and Lexus Insurance. We foster a culture of growth, development and continuous learning, empowering our people to explore their potential and build rewarding careers.
We are seeking an experienced Product Development Manager to join our Strategy & Partnerships team. This is an exciting opportunity to shape the future of our product portfolio, drive innovation, and contribute to strategic business growth in a collaborative and customer-focused environment.
About the Role
Reporting to the Head of Strategy & Product, you will be responsible for developing, enhancing and managing Adica's suite of insurance products. Working closely with internal stakeholders and strategic partners, you will identify market opportunities, improve customer outcomes, and ensure products continue to meet evolving customer, partner and business needs.
This role plays a key part in delivering Adica's strategic priorities through product performance, customer value creation and sustainable growth across existing and emerging distribution channels.
Key Responsibilities
Lead the development, enhancement and lifecycle management of Adica's insurance products and customer propositions.
Identify market opportunities, customer needs and industry trends to drive product innovation and growth.
Develop business cases and recommendations that support strategic product initiatives and commercial outcomes.
Collaborate with internal teams and strategic partners to deliver product enhancements, launches and customer-focused solutions.
Monitor product performance and recommend improvements to optimise customer value, profitability and portfolio growth.
Support the delivery of Adica's product strategy and roadmap through innovation, stakeholder engagement and continuous improvement.
About You
To be successful in this role, you will bring:
Demonstrated experience in product development, product management or portfolio management.
Strong commercial acumen, analytical thinking and problem-solving capability.
Experience delivering customer-focused products and solutions.
Exceptional stakeholder management and influencing skills.
The ability to translate strategy into practical and actionable product initiatives.
Strong written, verbal and presentation skills.
Highly regarded:
Experience within insurance, financial services or automotive industries.
Knowledge of product governance, distribution models and regulatory environments.
Experience supporting digital product development and customer experience initiatives.
Experience preparing business cases and governance submissions.
Qualifications
Essential
Tertiary qualification in Business, Commerce, Marketing, Economics, Insurance or a related discipline.
Strong proficiency in Microsoft Office, particularly Excel and PowerPoint.
Highly regarded
Qualifications in insurance, product management or project management.
ANZIIF qualification or equivalent industry accreditation.
Why You’ll Love Working at Adica
At Adica, people are our greatest asset, and we’re committed to creating an environment where you can thrive. Recognised as an Employer of Choice, celebrating our commitment to culture, flexibility, and people-first values. Some of the benefits you’ll enjoy include:
Big discounts on car insurance for you and your family.
14 weeks Paid Parental Leave for all parents, plus superannuation on both paid and unpaid leave (up to 52 weeks).
Quarterly Wellbeing Leave days and the ability to swap Public Holidays.
A supportive Wellbeing Program and year-round employee events.
Recognition Programs through monthly awards and the annual Excellence Awards.
Strong culture of internal progression and career development
Access to the Go1 learning platform with thousands of courses
Leadership development programs in partnership with Hello Monday to support and empower your growth as a leader
Hybrid working model- the best of both worlds.
Employee Assistance Program (EAP) – free, 24/7 support for you and your family.
Be part of community initiatives, fundraising drives, and volunteer events throughout the year
And more because your wellbeing matters to us.
Who We Are
Adica Insurance is an Australian-operated and regulated general insurer, backed by the global strength of the MS&AD Insurance Group, one of the world’s top 20 insurance and financial services groups.
Adica exists to make insurance more human, more helpful, more transparent, and more empowering for our customers. We support our people with the same care and clarity. Together, we’re creating a workplace where people thrive, teams collaborate, and customers feel truly supported.
What to Expect from Us
We aim to make the recruitment process as smooth and respectful of your time as possible.
Once you apply, our Talent Team will review your application. If your experience aligns with the role, we’ll be in touch for an initial phone conversation to get to know you better. From there, the process usually includes two interviews with our team.
Throughout the process, we’ll keep you informed and provide timely updates because we know how important clarity is when you are job hunting.
Accessibility & Support
If you require any adjustments during the recruitment process, please let your recruiting contact know when they first reach out. We’re committed to creating an inclusive experience for everyone.
Ready to join a company where people come first and possibilities follow? Apply now, we’d love to hear from you.