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Job Details

Senior/avp Multiline Product Specialist

Company name
Zurich Insurance Company Ltd

Experience
6 yrs required

Location
Schaumburg, IL, United States

Employment Type
Full-Time

Industry
Legal

Posted on
Nov 18, 2022

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Profile

Senior/AVP, Multiline Product Specialist

The candidate will lead the development and implementation of underwriting solutions (e.g., product development) across multiple lines including the Surplus lines of business. Will identify market standard product opportunities based upon the latest insurance product line, industry trends, and emerging risks. Maintain and promote existing strategic partnerships both internally and externally. Advise the Business Unit and Underwriters in responding to coverage requests and drafts language for specific transactions and portfolio coverage enhancements. Promote a consistent approach to underwriting coverage through adherence to an established coverage philosophy. Structure new endorsements consistently and maintain the endorsement library with relevant updates and modifications. Support underwriting strategy and product development by incorporating lessons learned from competitor forms and approaches to coverage in new products. Participate in compliance-related queries, including state regulatory exams and insurance department inquiries. Lead product refreshes (e.g., updating pre-existing coverages and endorsements) by managing form and endorsement drafting, leading reviews with Corporate Law and Claims Legal, and managing the filing process and Departments of Insurance review and approval process. Analyzes and develops solutions pertaining to Insurance Regulatory requirements with respect to product filings within scope of underwriting.

Additional Information

Ref 96938

Company info

Zurich Insurance Company Ltd
1400 American Lane
Schaumburg
Illinois
United States 60196
Website : http://www.zurich.com/

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