.Do you have experience in drafting policy wordings and product development, and want to join a dynamic team working across multiple lines of business to create differentiated industry-specific products that truly meet the needs of clients?
Industry Practices differentiate Chubb as a specialist in product alignment, underwriting expertise, and service delivery in selected industries.
Our Industry Practice offering is about providing tailored specialist insurance solutions, with capabilities and products that evolve to meet the changing risks of each industry.
The Industry Practices universe in Spain includes Life Sciences, Technology, Media & Communication, Climate (Renewable energies/Alternative fuel, and Climate Technology), and Construction.
We have the ambition to accelerate the growth of our Industry Practice model in Spain, and this is a critical role working with key stakeholders in the country, region, and Chubb Overseas General to create market-leading products.
The product development specialist will work upstream with IP teams to assess product development needs, then validate this hypothesis with a panel of brokers defined by him/her.
He/she will then manage the development of the project, interacting with various internal stakeholders (underwriting, claims, legal, etc.)
while preparing the wording.
He/she will also have to validate the product as per Chubb's standard process and work with marketing to produce specific sheets and different marketing assets.
You will bring strong legal knowledge, extensive underwriting or claims experience, a detail-oriented approach, and strong communication skills.
Key Responsibilities: Primary focus is the 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, marketing, and product intelligence, and advice to underwriters where there is a potential impact on Chubb wordings.
Support market research, working with market sizing tools, and conducting both desk-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.
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).
Qualifications: 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