Westfield Insurance · 9 hours ago
Product Development Senior Consultant
Westfield Center, OH
Full-time
Hybrid
Senior Level, Lead/Staff
10+ years expWestfield Insurance is a global leader in property and casualty insurance, and they are seeking a Product Development Senior Consultant to shape and maintain their commercial Workers Compensation and General Liability products. This role requires expertise in coverage and underwriting, focusing on product competitiveness and compliance while leading the product development lifecycle and cross-functional collaboration.
Insurance
Responsibilities
Serve as a subject matter expert for Workers Compensation, General Liability and other casualty products, providing authoritative guidance on policy language, coverage intent, and risk implications
Design, develop, and maintain proprietary forms and endorsements, and evaluate bureau forms to ensure appropriate alignment with Westfield’s underwriting strategy
Consult with underwriting teams on complex risks, coverage interpretations, and emerging exposures, influencing both product direction and risk appetite
Define and refine product development strategies to support profitability and targeted growth
Monitor product performance, loss trends, and market trends to identify when product adjustments are needed to support profit or growth
Track emerging risks, regulatory developments, economic conditions, and industry trends impacting commercial P&C lines
Conduct competitive analysis to assess market positioning and recommend product enhancements, new offerings, or discontinuations
Participate as a key contributor on product performance teams, bringing technical and market insight to decision-making discussions
Partner with Product Management, Actuarial, Underwriting, Marketing, Sales, Compliance, and IT to translate product strategy into executable solutions
Lead the end-to-end product development lifecycle for assigned initiatives—from concept and coverage design through implementation and market launch
Provide technical and product training to internal teams and external partners to ensure clear understanding of coverage, intent, and positioning
Develop clear product proposals and implementation plans that outline scope, objectives, dependencies, and success measures
Guide product initiatives through governance and implementation, ensuring changes are delivered effectively and aligned with strategic intent
Identify and manage risks to successful product delivery, escalating issues as needed while maintaining focus on product outcomes
Qualification
Required
10+ years of experience in product development, commercial underwriting, other experience in the commercial insurance industry
Bachelor's degree in business or a related field and/or commensurate work experience
Collaborates Builds strong partnerships across Underwriting, Actuarial, Product Management, IT, Compliance, Marketing, and Distribution to develop and evolve commercial insurance products aligned with enterprise strategy
Customer Focus Demonstrates a deep understanding of customer, broker, and market needs and incorporates those insights into product design, coverage decisions, and product enhancements
Communicates Effectively Clearly communicates complex coverage concepts, product intent, and strategic rationale to a variety of audiences, including underwriting, leadership, and external partners
Decision Quality Makes sound, timely product decisions by balancing underwriting judgment, coverage intent, market intelligence, regulatory considerations, and performance data to support profitable growth
Nimble Learning Quickly adapts to changing market conditions, emerging risks, and regulatory developments, applying new insights to product strategy and coverage solutions
Coverage & Form Knowledge Demonstrates strong understanding of commercial P&C policy language, endorsements, and coverage intent, and applies that knowledge to product design and underwriting support
Product Direction Contributes to product strategy by defining product appetite, prioritizing enhancements, and aligning product direction with enterprise objectives for profitability and growth
Product Performance Monitoring Monitors product performance, market conditions, and loss trends to identify opportunities or needs for product adjustments, enhancements, or corrective action
Regulatory & Market Awareness Maintains awareness of regulatory requirements, economic conditions, and emerging industry issues that impact assigned commercial lines of business
Business Acumen & Analysis Uses data, underwriting insight, and competitive analysis to support product decisions and recommendations
Preferred
Professional designations such as CIC, CPCU or similar commercial P&C designations valued
Experience in SAFE Agile is a plus
Company
Westfield Insurance
Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Joe Kohmann
Chief Financial Officer & Treasurer
Amy Larsh
Executive Assistant to the President, CEO & Board Chair
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