Insurance Product Specialist
2 weeks ago
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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