Westfield Insurance · 23 hours ago
Product Development Professional
Westfield Insurance is a global leader in property and casualty insurance, and they are seeking a Product Development Professional. The role involves supporting product managers throughout the product development lifecycle, ensuring compliance with regulations, and collaborating with IT teams to implement product changes.
Insurance
Responsibilities
Acts as a liaison between business, actuarial and IT by communicating acceptance criteria for rate and product changes
Ensures proper communication and documentation of change specifications and has final sign-off authority for acceptance criteria
Supports product maintenance and implementation activities for insurance products to adhere to underwriting philosophy and compliance regulations on a state-by-state basis
Assists Product Managers with multi-state implementation of rule or form changes based on the rate and rule or form change schedule
Supports Underwriting by responding to questions in a timely manner about the product, coverages and/or system behavior
Supports the IT delivery team to ensure timely implementation of quality solutions for key individual defects within stated SLA’s
Collaborates with stakeholders to ensure accurate and timely completion of internal and external communications, policyholder listings, return premium checks, and mailing process within the production error process
Provides information to Product Managers to develop product proposals for rate review discussions and tracks changes at the state level to ensure consistency within product proposals from state to state
Manages the collection, development, analysis, documentation, and communication of acceptance criteria
Assists with maximizing market opportunities to achieve targets and maximize financial efficiency through proactive management of the filing and IT delivery processes
Qualification
Required
2+ years of experience in Product Development, Insurance industry or a related field
Bachelor's degree in Business or a related field and/or commensurate work experience
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.