Product Development Manager, Property A&nz

3 days ago

Docklands, Australia Chubb Full time

**Your Role**:
The Product Development Manager is responsible for the development and implementation of new Property products or changes across Chubb Australia’s business.

**Your Responsibilities**:
**Product Development**
- Draft new or revised policy wordings and associated endorsements, ancillary documents

and marketing materials
- Produce high-quality products which are responsive to underwriter and competitive

marketplace needs that are in compliance with applicable laws and regulations
- Provide technical guidance with regard to product use and related regulatory issues
- Work closely with internal stakeholders such as legal and compliance to obtain input and

approvals in line with product development processes and procedures
- Update internal stakeholders of progress of product development throughout the product

lifecycle

**Review manuscript policy and endorsement wordings proposed by external parties**
- Review against an established and evolving set of standards
- Provide product head and underwriters with analysis of various provisions and provide

general comparison documents for field use

**Regulatory and Compliance Counselling
- Monitor Property-related regulatory and industry developments on a worldwide basis, and

advise product head of these developments
- Provide technical training on regulatory, case law, and coverage developments to

underwriters
- Where applicable, draft or counsel the team on the drafting of major endorsements

addressing these developments
- Assist in addressing regulatory inquiries and educate insurance regulators on Property

related policy provisions

**Essential**:

- Tertiary qualifications in law with 2 to 5 years’ legal experience in private practice and/or

in house
- Proven strength in policy drafting
- Substantial experience with regulatory, statutory and case law in the area of Property

insurance
- Broad knowledge of relevant laws, codes, legal obligations and regulatory policy and

procedures governing the Australian general insurance and/or financial services industry
- Strong communication skills, with the ability to build positive collaborative relationships

both within and across functional lines
- Insurance industry knowledge
- Clear ability to understand business needs and provide consultation that is compliant, but

helps to meet business goals
- Ability to work autonomously and collaboratively, take initiative and refer and escalate

matters appropriately
- A positive attitude and high integrity

**Desirable**:

- Experience in either Property Claims or Property Underwriting

Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

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