Product Specialist
Product Specialist
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Position
WCF is an A Rated insurance carrier that is growing in the western U.S. and is looking for an applicant that wants to join a company with a great culture competitive pay and outstanding benefits. The product development team specifically works on commercial insurance lines such as property liability and umbrella and has an immediate opening for someone who can demonstrate the WCF values to join their team as a full-time Product Specialist. This is a full-time exempt position reporting to the Director of Product Development. The person in this position works out of WCFs Sandy Utah headquarters or one of the regional offices located in Roseville CA; Boise ID; or Denver CO. Hybrid (office/home) or remote option is available. This posting is open to internal and external candidates.
Responsibilities
- Assist in the design and build-out of new and enhanced insurance products.
- Interpret and document rating algorithms and coverage language for implementation.
- Collaborate with cross-functional teams to ensure accurate translation of product requirements into system configurations.
- Support the preparation of policy forms endorsements and technical specifications.
- Conduct competitive analysis and market research to inform product positioning and design.
- Benchmark coverage offerings pricing structures and underwriting guidelines.
- Monitor industry trends and regulatory developments impacting product design.
- Develop and maintain detailed documentation of product requirements rating logic and coverage specifications.
- Assist in the creation of business requirement documents (BRDs) user stories and test cases.
- Support user acceptance testing (UAT) and quality assurance efforts during product rollouts.
Qualifications
The most qualified Product Specialist candidate will have:
- Bachelors degree in business insurance math risk management or a similar field of study.
- Two to four years of experience in commercial insurance preferably in product development or underwriting support.
- Strong understanding of rating algorithms policy forms and coverage structures.
- Experience with policy administration systems and insurance documentation.
- Outstanding presentation and communication skills.
- Strong written and verbal communication skills.
- Excellent research and analytical and ability to synthesize market data into actionable insights.
- Detail-oriented with strong organizational and documentation capabilities.
- Ability to work collaboratively across functional departments.
Minimum pay for a Product Specialist is $68000. Ability to fill position at Senior Product Specialist level depending on experience and qualifications.
An internal candidate should have six months in their current position. Candidates should have acceptable job performance and a good attendance record in their current position and must notify their current supervisor that they have applied for the position.
OUR PEOPLE
WCF strives to provide an excellent work experience and cultivate an inclusive environment where anyone who embodies our values will thrive.
WCF INSURANCE IS AN EQUAL OPPORTUNITY EMPLOYER
WCF Insurance provides equal employment opportunity to all qualified applicants and employees regardless of race color religion sex age national origin veteran status disability that can be reasonably accommodated or any other basis prohibited by federal state or local law.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
