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| Company: |
North American Search Group |
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| Job Title: |
Product Development Specialist |
| Job category: |
Insurance |
| Job Location: |
NJ New Jersey - USA |
| Job Reference Number: |
17489 |
| Job Description: |
- Create and maintain a portfolio of insurance products that meet the current and future needs of ICO’s clients.
- Develop new insurance products in support of specific insurance programs, tailored to the unique coverage needs of the program. Coordinate efforts with Company client groups and program administrators.
- Perform detailed coverage reviews of manuscript policy language for single risk accounts.
- Provide expert analysis and commentary, and draft amendatory policy language as necessary.
- Coordinate efforts with client groups and other shared service areas as appropriate.
- Provide technical expertise to internal and external clients regarding insurance coverages, policy construction and insurance contract language.
- Manage complex product development projects.
- Gather input from underwriters, claims, law and draft insurance contract language that considers all inputs. Manage the internal review and sign-off process for new insurance products.
- Participate in the monitoring and review of industry, bureau and regulatory changes related to the impact on ICO’s Products.
- Draft revised policy language as necessary to change to ICO’s insurance products.
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Skills Required:: |
Extensive knowledge of primary and excess insurance products and coverage offerings.
- 5 or more year’s insurance product development experience, including demonstrated expertise in the review and drafting of insurance policy language.
- 10 or more years experience in P&C insurance environment.
- Strong working knowledge of the insurance product needs of the alternative and non-traditional marketplace (both admitted and non admitted).
- Must be a self starter, and have the ability to manage complex product development projects.
- Knowledge of admitted and non-admitted insurance regulatory requirements.
- Working knowledge of personal computers and software applications.
- Excellent communication skills and ability to work effectively with clients.
- CPCU or other related course work or equivalent insurance industry experience.
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Language Requirements: |
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| Employment Type: |
Full Time |
| Yearly Salary: |
Unspecified |
| Posting Date: |
2009-07-20 |
| Level of Education: |
Unspecified |
| Years of Work Experience: |
5 to 7 Years |
| Company: |
North American Search Group |
| Contact Name: |
North American Search Group |
| Contact Phone: |
(905) 477 2962 |
| Preferred Method of Contact: |
No Preference |
| Preferred Language of Resume/Application: |
English |
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