Design new insurance products and features, and drive their rollout across new and existing states, sitting at the intersection of pricing strategy and product development.
Locations (3)
Chicago, Illinois, United States
St. Petersburg, Florida, United States
Ontario, Canada
Responsibilities
Design and develop new insurance products, rules, coverages, and enhancements that improve competitiveness and customer value
Lead state expansion efforts by building and launching pricing models for new states, and optimizing existing state models for performance
Own the research and proposal of new products, rules, coverages, and enhancements
Own the end-to-end rollout process, from initial pricing analysis through launch and post-launch monitoring
Leverage AI and machine learning tools to enhance pricing accuracy, uncover emerging risk patterns, and accelerate analytical workflows
The Executive Product Development Specialist is responsible for form development of new or revised insurance products and programs, drafting insurance documents and researching coverage forms for Markel's US Insurance Division.
Compensation
The salary range for this position is $91,400 - $190,500. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. This position may also be eligible to participate in the Company's annual incentive plan.
Responsibilities
Develop forms for new and revised coverages and products that convey underwriting intent and demonstrate market competitiveness
Identify and confirm compliance with applicable regulations
Research competitors’ forms and perform coverage comparisons
Analyze, interpret and communicate impact of bureau form changes
The primary objective of this role is to drive the Bancassurance portfolio with a specific focus on High Net Worth (HNW) clients and strategic project management, designing and overseeing insurance-based wealth solutions.
Responsibilities
Driving Bancassurance sales figures (Regular & Single Contribution) for the HNW segment as per the agreed annual budget
Lead and execute strategic projects aimed at digital penetration and process automation for HNW insurance onboarding
Strategize monthly initiatives and bespoke marketing campaigns tailored to the HNW lifestyle and protection needs
Analyze market trends and competitor HNW offerings to provide relevant insights
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