Director, Product Development and Innovation
Chicago, IL - USA
Job Summary
Chubb Benefits is seeking a Director of Product Development and Innovation to join our fast-paced high energy growing are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working talented professionals!
Job Summary
Director of Product Development and Innovation will lead product strategy development and execution of Chubbs traditional group employee benefits portfolio. This role leads product innovation competitive positioning market analysis and go-to-market execution across Chubbs traditional group disability life and accidental death and dismemberment products. The ideal candidate will be an expert of disability life and accidental death and dismemberment products along with how they fit within the employee benefits landscape. This leader will partner across the enterprise to support product development product strategy distribution implementation training and ongoing portfolio management.
Responsibilities
Provide Leadership and Direction: Serve as a subject matter expert and strategic product leader helping guide priorities influence decisions and manage and mentor team members.
Lead and Execute Competitive Analysis and Product Strategy: Own market intelligence competitive benchmarking and strategic recommendations to strengthen Chubbs position in the group life and disability marketplace.
Lead Product Development and Innovation: Oversee the design enhancement and launch of innovative competitive and profitable group disability life and accidental death and dismemberment products that meet market needs and support business growth.
Responsible for Product Management: Responsible for contract and form development state filings product documentation and business requirements.
Oversee Product Positioning and Marketing Support:Develop product messaging positioning and collateral with product marketing to support sales distribution and market differentiation.
Partner with Internal and External Stakeholders: Collaborate with product strategy leads distribution underwriting operations and other stakeholders for each of the Chubb Benefits distribution channels to support large opportunities custom benefit solutions and effective sales execution.
Assist With Product Training and Onboarding: Establish product training strategies onboarding materials and ongoing education to ensure internal teams and distribution partners are equipped for success.
Support Product Implementation and Governance: Work cross-functionally to ensure smooth product implementation alignment with operational requirements and consistency across product processes.
Represent Chubb in the Marketplace: Partner with leadership to reinforce Chubbs value proposition and represent the organization externally with professionalism and market credibility.
Competencies
- Deep knowledge of the group/worksite market and supplemental benefits with focus on voluntary and employer-paid life and disability products.
- Strong strategic thinking and business acumen.
- Ability to analyze market trends and translate insights into product strategy.
- Proficiency in Microsoft Office applications including Excel PowerPoint Word and Outlook.
Skills
- Strong leadership and people management skills.
- Strong collaboration and conflict-resolution skills.
- Strong problem-solving and analytical skills.
- High attention to detail and organizational skills.
- Excellent communication presentation and relationship management skills.
- Product strategy and product development leadership.
- Competitive analysis and market positioning.
- Product marketing and sales support.
- Cross-functional project leadership.
- Training development and delivery.
- Stakeholder management and executive communication.
- Life and health policy form and filing experience.
- Spreadsheet analysis and product comparison development.
Qualifications
Educationand Experience
- 7 years of experience in product development and/or product management in the traditional group employee benefits market specifically voluntary and employer-paid life and disability products.
- Demonstrated experience leading product strategy launches and cross-functional initiatives.
- Experience supporting distribution marketing implementation and training efforts.
- Direct experience with reviewing interpreting and drafting life and health policy forms and state filings.
Bachelors degree preferred.
The pay range for the role is $100000 to $120000. 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:
Director
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.