Insurance Product Development Specialist
hace 3 días
At Chubb, we are seeking a highly skilled and experienced product development specialist to join our dynamic team in Spain. As an industry expert, you will be responsible for developing tailored insurance solutions that meet the evolving needs of our clients across various industries.
Our company overview highlights the importance of our Industry Practice model, which sets us apart as specialists in product alignment, underwriting expertise, and service delivery. We cater to selected industries such as Life Sciences, Technology, Media & Communication, Climate (Renewal energies/Alternative fuel, and Climate Technology), and Construction.
We estimate the salary range for this role to be around €60,000 - €80,000 per annum, depending on qualifications and experience. This is a critical position that requires collaboration with key stakeholders in country, Region, and Chubb Overseas General to create market-leading products. The successful candidate will work upstream with IP teams to assess product development needs, validate hypotheses with brokers, manage project development, and ensure adherence to Chubb standards.
- Primary focus is development of Industry Practices wordings – new and enhancements across multiple lines of business.
- Work as part of a team collaborating with different stakeholders (underwriters, region, legal, conduct, marketing, country representatives).
- Contribute to the development of new wordings and coverages to address emerging and industry-specific risks.
- Provide legal advice to underwriters where there is a potential impact on Chubb wordings.
- Support market research using market sizing tools and conducting both desks-based and dialogue-based research.
- Deliver training to underwriters and brokers on wording-related issues and emerging trends.
- Ensure wordings & products are in line with Chubb requirements and guidelines, adhering to our approvals process.
- Maintain the central wordings' repository and work with marketing to create assets promoting products.
- Project management, coordinating with different stakeholders until product launch (underwriters, region, legal, conduct, marketing, country representatives).
The successful candidate can expect a competitive compensation package, including a base salary of approximately €65,000 per year, plus additional benefits such as health insurance, retirement plan, and paid time off.
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