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Product Specialist

2 months ago


Brisbane, Queensland, Australia Vero Insurance Full time
Product Specialist - Insurance Expert

Join our team of insurance experts and take the next step in your career. As a Product Specialist, you will play a crucial role in developing and maintaining our commercial insurance products.

About the Role:

  • Analyse and address product enhancement opportunities with the Product Manager
  • Work effectively with Legal to execute feedback, assess terms, conditions, and analyse impact & 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 (including endorsements, Certificate of Currency and other components of the cover contract)
  • 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.

Key Responsibilities:

  • Develop and maintain commercial insurance products that meet customer needs and comply with regulatory requirements
  • Collaborate with cross-functional teams to ensure product development aligns with business objectives
  • Provide expert advice on product development and maintenance to stakeholders

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

Culture:

We promote a high-performance culture where people are rewarded for effort and dedication. We recognise and value commitment and encourage our people to maintain a healthy balance between their career and personal time. Suncorp has been awarded Employer of Choice for Gender Equality (EOCGE) by the Workplace Gender Equality Agency (WGEA) for seven years in a row.

We believe we are at our best when our workforce is as diverse, talented, and passionate as the communities in which we live and operate, and where our people feel included, valued, and connected. We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering flexible work, career development, and internal mobility, and building connected relationships amongst our team members and with our customers.