DescriptionChubb is hiring for a Product Services Manager to support Commercial Lines!
Legal and Compliance (L&C) - Philosophy and Culture Statement: The L&C is committed to providing best-in-class legal and compliance services to our business partners. The L&C emphasizes teamwork expertise and a can-do attitude. Operating as a best-in-class organization requires a commitment to constant improvement and an on-going commitment to adding value every day by every team member. The group takes pride in delivering consistent customer satisfaction advancing self-development among team members participating in company and team initiatives all with a focus on superior execution.
This is an on-site role. Ideally this candidate will sit in our Whitehouse Station NJ or Philadelphia PA offices.
Major Duties and Responsibilities:
- Work with business units in the development and filing of new Commercial Lines products amendments coverages rating plans and programs that conform to applicable laws while meeting business objectives.
- Manage and maintain assigned Commercial Lines Products including forms rules and rating plans so they are in compliance with regulatory requirements.
- Manage/implement approved rate/rule/form changes in the appropriate policy issuance system(s).
- Develop and direct Commercial Lines product filings to ensure expedited filing approvals. Provide input/drive resolution to filing objections with Business Unit and Actuarial input.
- Perform regulatory review of products and draft state amendatory language.
- Analyze regulatory and legislative changes and propose action as needed. Develop and circulate advisory bulletins as appropriate.
- Provide technical advice counsel and assistance in the development and utilization of the policy issuance system(s) utilized by Commercial Lines.
- Participate in and support regulatory compliance activities including audits of business units and Market Conduct Examinations.
- Research and develop reference tools on important product issues for posting to the internal Chubb intranet as guides for the Business Unit.
- Provide detailed and accurate product requirements (forms rules) to IT/third party vendor for system implementation.
- Manage special projects as assigned.
QualificationsEducation and Experience:
- Bachelors degree or equivalent industry experience in product management and regulatory issues.
- Minimum 3 5 years of experience in Commercial or Commercial Lines products in underwriting product management or regulatory compliance.
General Skills:
- General knowledge of Commercial Lines insurance products policy language and coverages
- Strong organizational and project management skills
- Ability to work independently and as part of a team
- Computer proficient in using Word Excel Adobe Pro SERFF
- Excellent written and oral communication skills
- Demonstrates strong attention to detail and commitment to project ownership accuracy and completion on a timely basis
- Experience in documenting business requirements a plus
- Knowledge of CSI Xpress Product Library a plus
- Ability to manage multiple projects different demands and competing customers simultaneously in a face paced environment.
Personal Qualities:
- Strong desire to be responsive to customer needs
- Self-motivated with a strong work ethic
- Energetic enthusiastic and has a positive attitude
- Flexible
The pay range for the role is $92600-$157400. The specific offer will depend on an applicants skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package more details on which can be foundon our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
Required Experience:
Manager