Product Development Specialist
Key Responsibilities
- Assist in the development, revision, and maintenance of commercial insurance products and coverage forms.
- Draft and revise policy language, endorsements, rules, and underwriting guidelines.
- Manage state filing activity and coordinate product submissions with regulatory authorities.
- Monitor regulatory developments and evaluate their impact on existing products.
- Review and analyze ISO circulars, bureau changes, and industry trends.
- Partner with Underwriting, Actuarial, Claims, Legal, and Compliance teams to support product initiatives.
- Conduct competitive market analysis and research emerging exposures and coverage solutions.
- Support product rollouts, implementation efforts, and communication of product changes.
- Maintain product documentation and ensure accuracy of filing records and supporting materials.
- Participate in projects focused on product enhancement, process improvement, and operational efficiency.
Desired Background
- Commercial Property & Casualty insurance experience.
- Experience with product development, product management, or regulatory compliance functions.
- Strong knowledge of commercial insurance forms and policy language.
- Experience managing or supporting state filings.
- Familiarity with ISO circulars, bureau filings, and industry regulatory requirements.
- Knowledge of NCCI rules and workers' compensation products is preferred.
- Strong analytical, organizational, and project management skills.
- Excellent written and verbal communication abilities.
- Ability to work effectively across multiple departments and stakeholders.
Why Consider This Opportunity?
- Opportunity to play a direct role in shaping insurance products and coverage offerings.
- Broad exposure to Product, Underwriting, Actuarial, Claims, Compliance, and Executive Leadership teams.
- Visibility into strategic product initiatives and market expansion efforts.
- Collaborative environment with strong resources and support for professional development.
- Stable, growth-oriented insurance organization with an established market presence and strong industry reputation.
FAQs
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