What are the responsibilities and job description for the Product Development Analyst position at Chubb Benefits?
Chubb Benefits is seeking a Product Development Analyst to join our fast-paced, high energy, growing company. We 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
The Product Development Analyst supports the expansion and ongoing maintenance of Combined/Chubb North America’s insurance product portfolio. This candidate will be assisting the product team in all aspects of competitive analysis, product development, contracts, product marketing, distribution support and training and collaborate throughout the enterprise to support cross-functional product implementation.
Responsibilities
Marketing and Sales Support - Help review and edit marketing materials and collateral, maintain product support tools, as well as develop and update product training and documentation for multiple sale channels.
New Product Development - Assist with the design and development of innovative, competitive and compelling products to consistently maintain market leadership and capitalize on new growth opportunities
Competitive Analysis – Assist with benchmarking competitor offerings and industry practices, analyze competitor state product filings, review proposals, marketing materials, social media and attend industry conferences in order to stay industry leading carrier
Product Management – Participate in cross functional collaboration with Legal/Compliance, Actuarial, Group Underwriting and new Business Operations, IT and Claims to maintain products. This includes helping review, draft and revise insurance contract language and product documentation. Work with Compliance to monitor and report on our product filings and update tracking reports.
Competencies and Skills
- Strong attention to detail, with superior organizational and communication skills
- Ability to multi-task and successfully manage multiple priority projects
- Ability to function successfully collaborate as a member of cross functional teams, as well as perform as an individual contributor
- Demonstrated ability to meet aggressive deadlines
- Quick learner and analytical thinker
Education and Experience
- 2 years in Insurance Product and Product related function
- 2 years in Worksite Insurance Market
- 2 years in Life and Health Insurance
- College degree preferred
About Chubb Benefits
Chubb Benefits is a leading provider of supplemental accident, health, disability, and life insurance products in the U.S.** and Canada. Headquartered in Chicago with a tradition of more than 100 years of success, we are committed to making the world of supplemental insurance easy to understand. The company has an A rating by the Better Business Bureau and an A (Superior) financial strength rating by AM Best. ** In New York, products are underwritten by Combined Life Insurance Company of New York (Latham, N.Y.).