Zurich NA AVP, Product Specialist II in Jersey City, New Jersey
AVP, Product Specialist II
Zurich North America is currently looking for an AVP, Product Specialist for the Liability Line of Business based out of our North American headquarters in Schaumburg, Illinois or our offices in Jersey City, New Jersey.
In this new role, the AVP, Liability Product Specialist is a Subject Matter Expert (SME) level role where you are expected to collaborate with and assist less-experienced staff and work independently with minimal supervision.
The AVP, Liability Product Specialist will be responsible for the following:
Lead the development and implementation of underwriting solutions (e.g. product development) for the liability line of business
Identify market standard product opportunities based upon the latest product line and industry trends
Maintain and promote existing strategic partnerships both internally and externally
Advise the Business Unit and Underwriters in responding to coverage requests and drafts language for specific transactions and portfolio coverage enhancements
Assist with approval of terms and conditions by working closely with either the product team of distribution partners to align on policy wording or risk management departments of customers to understand how their unique exposures should be covered in the policy
Promote a consistent approach to coverage through adherence to an established coverage philosophy
Structure new endorsements consistently and maintain the endorsement library with relevant updates and modifications
Support underwriting strategy and product development by incorporating lessons learned from competitor forms and approaches to coverage in new products
Participate in compliance-related queries, including state regulatory exams and insurance department inquiries
Lead product refreshes (e.g. updating pre-existing coverages and endorsements) by managing form and endorsement reviews with Corporate Law and Claims Legal
- JD and 7 or more years of experience of law practice specializing in the insurance area
Product Management experience
Commercial liability experience
Compliance and Regulatory experience
Strong organizational and analytical skills
Strong verbal and written communication skills
Imagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve.
Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world.
Zurich is that place where 55,000 employees across approximately 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day and we have the ambition to be the best global insurer in the world.
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Primary Location: United States-Illinois-Schaumburg
Other Locations: United States-New Jersey-Jersey City, United States-Virtual
Travel Yes, 10 % of the Time
Relocation Available No
Job Posting 01/09/20
Unposting Date Ongoing
Req ID: 190009RA
It is the Policy of Zurich in North America, as an equal opportunity employer, to attract and retain the best-qualified individuals available, without regard to race/ethnicity, color, religion, gender expression, genetic information, national origin, sex, gender identity, sexual orientation, marital status, age, disability or protected veteran status.