Insurance Solutions Specialist
6 days ago
Role Overview
This is a permanent full-time role with Vero Insurance, offering an attractive salary of AU$100,000 - AU$130,000 per annum, depending on experience. Based in Sydney, Brisbane, Adelaide or Melbourne, you will work as part of the Commercial Products team.
About the Role
The Product Specialist will be responsible for identifying and assessing product solutions to improve coverage, utilising a strong understanding of customer needs. This includes analysing and addressing product enhancement opportunities with the Product Manager, working effectively with Legal to execute feedback, assess terms and conditions, and ensuring wordings are fit for purpose and compliant.
Key Responsibilities
- Analyse and address any Product enhancement opportunities with the Product Manager
- Work effectively with Legal to execute feedback, assess terms and conditions, 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 Vero's Product and Platform standards and the Regulatory risk environment
- Ensure that Commercial products are suitable for our target market customers and segments.
Skills and Qualifications
- 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
Benefits
Vero offers a comprehensive benefits package, including flexible work arrangements, professional development opportunities, and a dynamic work environment. We believe in fostering a diverse and inclusive workplace culture, where individuals feel valued and supported.
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