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Product Development Specialist, Italy

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Chubb

2d ago

  • Job
    Full-time
    Senior Level
  • Legal
    Product
  • Milan

AI generated summary

  • You need technical experience in underwriting, claims, or legal insurance, strong legal background, project management skills, team collaboration, attention to detail, and fluent in English plus another language.
  • You will develop and enhance Industry Practices wordings, collaborate with stakeholders, conduct market research, deliver training, maintain wordings repository, and manage projects for product launches.

Requirements

  • Experience of a technical nature is required (underwriting, claims, or insurance legal), and ability to apply those skills to the drafting of policy wordings across multiple lines of business.
  • It is expected the candidate will have a strong legal background.
  • Ability to time manage Projects and work independently. Co-ordinating with key stakeholders and ability to focus on Project implementation / execution, including managing deadlines.
  • Team player with strong communication and influence skills.
  • Ability to be part on an international team, share best practices with peers from other countries.
  • Good communication skills and High attention to detail.
  • Language skills: fluent English + fluent (French/Italian/Spanish) – another language is a plus.

Responsibilities

  • 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.
  • Legal, marketing and product intelligence, and provide advice to underwriters where there is a potential impact on Chubb wordings.
  • Support market research, working with 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.
  • To assist in the maintenance of the central wordings’ repository.
  • Work with marketing to create assets promoting products.
  • Project management, coordinating with different stakeholders until product launch (underwriters, region, legal, conduct, marketing, country representatives)

FAQs

What is the primary focus of the Product Development Specialist role?

The primary focus is the development of Industry Practices wordings, including new creations and enhancements across multiple lines of business.

What are the key responsibilities of a Product Development Specialist in this role?

Key responsibilities include collaborating with stakeholders to develop wordings, contributing to new coverages for emerging risks, conducting market research, delivering training, and ensuring products align with Chubb requirements.

What type of experience is required for this position?

Experience of a technical nature is required, such as underwriting, claims, or insurance legal experience, along with a strong legal background for drafting policy wordings.

What skills are essential for success in this role?

Essential skills include strong communication and influence skills, project management abilities, attention to detail, and the ability to work independently while coordinating with various stakeholders.

Is knowledge of multiple languages required for this role?

Yes, fluency in English plus another language (French, Italian, or Spanish) is required; additional language skills are a plus.

Will the Product Development Specialist be part of an international team?

Yes, the role involves being part of an international team and sharing best practices with peers from other countries.

What kind of training will the Product Development Specialist provide?

The Specialist will deliver training to underwriters and brokers on wording-related issues and emerging trends.

How does this position contribute to the overall business strategy?

This position plays a critical role in accelerating the growth of the Industry Practice model by creating market-leading products that meet clients' needs.

What type of projects will the Product Development Specialist manage?

The Specialist will coordinate projects related to the development and launch of new products, working with stakeholders such as underwriters, region, legal, conduct, and marketing.

Are there opportunities for professional growth in this role?

Yes, as part of a dynamic team focused on product development, there will be opportunities to grow and advance within the industry.

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Chubb

The world's largest publicly traded property and casualty insurance company

Finance
Industry
10,001+
Employees
1882
Founded Year

Mission & Purpose

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs 31,000 people worldwide.