Product Development Analyst

Chubb•Chicago, IL

9h•$62,700 - $91,300

About The Position

The Product Development Analyst supports the expansion and ongoing maintenance of Combined/Chubb North America’s insurance product portfolio. This candidate will be assisting the product team in all aspects of competitive analysis, product development, contracts, product marketing, distribution support and training and collaborate throughout the enterprise to support cross-functional product implementation.

Requirements

Strong attention to detail, with superior organizational and communication skills
Ability to multi-task and successfully manage multiple priority projects
Ability to function successfully collaborate as a member of cross functional teams, as well as perform as an individual contributor
Demonstrated ability to meet aggressive deadlines
Quick learner and analytical thinker
2+ years in Insurance Product and Product related function
2+ years in Worksite Insurance Market
2+ years in Life and Health Insurance
College degree preferred

Responsibilities

Marketing and Sales Support - Help review and edit marketing materials and collateral, maintain product support tools, as well as develop and update product training and documentation for multiple sale channels.
New Product Development - Assist with the design and development of innovative, competitive and compelling products to consistently maintain market leadership and capitalize on new growth opportunities
Competitive Analysis – Assist with benchmarking competitor offerings and industry practices, analyze competitor state product filings, review proposals, marketing materials, social media and attend industry conferences in order to stay industry leading carrier
Product Management – Participate in cross functional collaboration with Legal/Compliance, Actuarial, Group Underwriting and new Business Operations, IT and Claims to maintain products. This includes helping review, draft and revise insurance contract language and product documentation. Work with Compliance to monitor and report on our product filings and update tracking reports.