Chubb

Product Development Specialist

PHILADELPHIA, PAPosted 30+ days ago

Job summary

  • Job post source

    This job is directly from Chubb

  • Job overview

    The Product Development Specialist at Chubb plays a key role in developing admitted insurance products, focusing on personal lines to enhance client value and business efficiency.

  • Responsibilities and impact

    The specialist develops insurance contract language, analyzes regulatory requirements, drafts compliant policy language, collaborates with stakeholders including Legal and IT, manages documentation, and oversees workflow design for product forms and endorsements.

  • Experience and skills

    The role requires strong analytical skills, attention to detail, advanced communication and collaboration skills, proficiency in Microsoft Office, and preferably experience in insurance product development, especially in personal lines; a bachelor's degree is required, with industry designations or advanced degrees as a plus.

  • Work environment and culture

    Chubb emphasizes equal employment opportunity, compliance with laws, and a non-discriminatory work environment valuing performance and qualifications.

  • Company information

    Chubb is a global leader in insurance with operations in 54 countries, known for its broad product offerings, financial strength, underwriting excellence, and superior claims handling.

Company overview

Chubb is a leading global insurance company that provides a wide range of insurance products, including property and casualty, accident and health, reinsurance, and life insurance. They generate revenue primarily through underwriting premiums and investment income. Founded in 1882, Chubb has grown significantly through strategic acquisitions, including the notable merger with ACE Limited in 2016, which expanded its global footprint and product offerings. The company is known for its strong financial stability, comprehensive coverage options, and commitment to customer service.

How to land this job

  • Position your resume to highlight your experience in insurance product development, focusing on personal lines such as home, auto, and excess liability, to align with Chubb's core needs.

  • Emphasize your skills in drafting compliant insurance contract language, understanding regulatory requirements, and collaborating cross-functionally with legal, underwriting, and IT teams to demonstrate your ability to manage complex product development processes.

  • Apply through multiple channels including Chubb's corporate career site and LinkedIn to maximize your chances of being noticed for the Product Development Specialist role.

  • Connect with current employees in Chubb’s Personal Risk Services division on LinkedIn; start conversations by referencing recent product launches or asking about how they manage regulatory changes in their workflows to break the ice.

  • Optimize your resume for ATS by incorporating keywords from the job description such as 'insurance contract language,' 'regulatory compliance,' 'product development,' 'collaboration,' and 'workflow improvement' to ensure it passes automated screenings.

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