Chubb

Product Specialist


PayCompetitive
LocationJohnston/Iowa
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 20090

      Essential Job Duties and Responsibilities:

      • Monitor and assess impacts of statistical bureau (ISO/NAIC/AAIS/etc.) loss costs and filings for application.
      • Provide regular reporting and data analysis to product manager and business partners
      • In partnership with actuarial staff, monitor performance of product(s) and recommend changes to rates or contract terms and conditions.
      • Lead the development of new agribusiness products, coverages, forms, loss costs and other supporting information for the agribusiness division.
      • Plan and prepare state filings.
      • Research products for accuracy and compliance with state filings.
      • Review new forms with Legal to assure regulatory compliance and that the language is clear and accomplishes the intent.
      • Use competitive intelligence to develop new forms and analyze rate competitiveness
      • Use competitive intelligence to perform coverage comparisons for Underwriting and Marketing
      • Maintain product manuals
      • Provide support to Product and Underwriting teams on underwriting appetite and guidelines.
      • Interpret project requirements and create a plan to accomplish project goals in a timely manner.
      • Develop specifications for Information Technology partners
      • May participate or lead cross functional teams to complete key project work for the division.
      • Identify obstacles within projects and seek solutions to remove them.
      • Assemble teams to define and resolve project issues.
      • Balance product commitments with production schedules.
      • Working knowledge of provisions and endorsements for all Agribusiness product lines.
      • Provide expertise and consultation to underwriting on products, forms and compliance.
      • Coordinate new product development with all necessary departments.
      • Coordinate with Publishing for marketing materials
      • Maintain current knowledge of procedures and policy provisions for all Agribusiness lines.
      • Monitor insurance industry environment and trends.
      • Assist with all other duties as assigned.
      • Proactively builds and strengthens relationships with peers, internal and external partners to support completion of ongoing assignments
      • Participate in the training of underwriters, sales managers, and agents on coverages

      Knowledge, Skills, and Abilities:

      • Strong knowledge of statistical bureau (ISO/AAIS/NAIC/etc) rules, loss costs, forms, and procedures.
      • Expertise in rating, forms, and underwriting requirements for agribusiness lines of insurance.
      • Ability to perform basic and complex mathematical calculations.
      • Knowledge of and the ability to learn and use insurance industry and company terminology.
      • Ability to utilize competitive intelligence in coverage and rate development as well as coverage comparisons to assist Underwriting and Marketing
      • Strong communicator.
      • Maintain positive business relationships with company personnel, outside resources, and customers.
      • Knowledge of the operation of a personal computer and software, including Isonet and Silverplume software.
      • Strong Skills in Word, Excel, Outlook, Access, ISO Suite.
      • Strong compliance knowledge.
      • Expert problem solver.
      • Initiative to resolve problems.
      • Basic actuarial concepts.
      • Strong organization and multi-tasking.
      • Ability to remain calm and professional.
      • Ability to maintain confidentiality.
      • Ability to work well with people in a team environment.
      • Ability to work from oral or written communication.
      • Ability to work flexible hours as required.
      • Ability to assist in other work related areas as required.
      • Familiar with state filing procedures.
      • Self-directed: able to work independently with minimal supervision.
      • Is approachable and builds trust at all levels.

      Qualifications

      B.A./B.S. degree required with a minimum of 5 years of work experience in property and casualty insurance field. A minimum of 1 year in a decision making role on a product line.

  • About the company

      Chubb Limited, incorporated in Zürich, Switzerland, is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and the largest publicly traded property an...