Liability Insurance Product Designer (Insurance Policy Form Drafter)

Zurich Insurance Company; Toronto; Remote; CAD 80,000 - 130,000; Full time

Job summary

Zurich Canada is seeking a Liability Product Designer to contribute to innovative insurance solutions. This role, adaptable for remote work, involves leading product development and providing expertise to ensure efficient coverage and exceptional support for underwriters. Join a company that values diversity, inclusion, and ongoing development opportunities while offering a competitive compensation package and ample time off.

Benefits

Comprehensive health/benefits plan

Minimum of four weeks vacation per year

Four personal days per year

Training and development opportunities

Qualifications

• 8+ years experience in Product Development.
• Property and Casualty insurance experience in three major lines.
• Strong verbal and written communication skills.

Responsibilities

• Lead product development and enhancements with cross-team collaboration.
• Develop and maintain underwriting guidelines and training materials.
• Advise on coverage requests and regulatory compliance.

Skills

Project Management

Communication

Problem Solving

Analytical Skills

Education

Bachelor's Degree

Juris Doctor (JD) / Bachelor of Laws (LLB)

Job description

Zurich Canada is hiring a Liability Product Designer to join our team! This role will be located in the Toronto location; however, we are open to remote work for the right candidate located anywhere within Canada.

You will provide specialized expertise in insurance wording development, transactional support, and project leadership for Large Liability, Programs, and Middle Market Underwriters, with the objective of efficiently and successfully creating innovative insurance products.

You will also operate autonomously and with minimal supervision, serving as a Subject Matter Expert to facilitate the achievement of business objectives and the delivery of superior customer service, while effectively managing and mitigating legal and regulatory risks.

Job Accountabilities - Key Accountabilities

Product Development and Enhancement :

• Collaborate with various teams to define specifications and efficiently build new products or enhance existing ones.
• Review competitors' offerings and pricing for better positioning. Stay updated on industry and product line trends.
• Support change management, organizational design improvements, and development of IT product specifications.
• Develop and follow process flows to enhance customer experience and efficiency.
• Maintain and promote strategic internal partnerships.
• Advise Business Units and Underwriters on coverage requests, drafting language for transactions, and securing approval for policy terms and conditions.
• Ensure consistent coverage approaches by adhering to established philosophies.

Technical and Strategic Contributions :

• Lead projects of moderate to high complexity, ensuring timely and effective completion.
• Help develop underwriting guidelines, best practices, and controls.
• Conduct legal research related to contract drafting.
• Develop training materials on critical policy provisions and new products.
• Participate in reviews to assess forms usage and underwriting quality.
• Structure and update endorsements, maintaining a comprehensive library.

Job Qualifications

Required :

• Bachelors Degree and 8 or more years of experience in the Product Development area
• High School Diploma or Equivalent and 10 or more years of experience in the Product Development area
• Property and Casualty insurance experience in three or more major lines of business
• Underwriting and / or Claims experience

Preferred :

• 8-10 years of experience in the Product Development area
• FCIP / CRM
• Ability to develop collaborative relationships
• Strong verbal and written communication skills
• Strong project management and time management skills
• Strong problem solving and analytical skills
• Juris Doctor (JD) / Bachelor of Laws (LLB)

Our Culture

• At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.
• We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.
• We care about our employees’ well-being and offer a comprehensive health / benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.
• We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.
• We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.
• We are committed to continuous improvement, and offer access to a comprehensive range of training and development opportunities.
• We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.
• We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto’s Top Employers and to have received Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

About Us : A future with Zurich

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 148 years of experience managing risk and supporting resilience. We are a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. Today, we serve more than 25 industries, from agriculture to technology and insure 90% of the Fortune 500. Our growth strategy is not limited to our business. As an employer, Zurich strives to provide ongoing career development opportunities and foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our people, our customers and the communities we serve.