Insurance Product Specialist

2 weeks ago


Brisbane, Queensland, Australia Vero Insurance Full time

About this role:

We are seeking a highly skilled Insurance Product Specialist to join our team.

This is a challenging opportunity to work on developing and maintaining commercial insurance products, ensuring they meet the needs of our customers and comply with relevant regulations.

Main responsibilities:

  • Analyse and address product enhancement opportunities with the Product Manager
  • Work effectively with Legal to execute feedback, assess terms, conditions, analyse impact and product gaps to ensure wordings are fit for purpose and compliant
  • Consider customer and market lenses in developing wording recommendations and coverage options
  • Integrate understanding of distribution and market dynamics into document design considerations
  • Align this program of work to ensure commercial products and their management comply with Suncorp's Product and Platform standards and the Regulatory risk environment
  • Ensure that commercial products are suitable for our target market customers and segments

Requirements:

  • Experience working in General Insurance wording development
  • A technical background working with a range of insurance product wordings
  • An eye for detail as well as a pragmatic approach demonstrating well developed commercial acumen
  • Experience in General Insurance Technical Claims or Underwriting
  • Strong Insurance policy wording drafting skills, particularly the ability to write in plain language and undertake sustained periods of editing and review
  • General Insurance Legal Experience desirable

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