Insurance Product Development Consultant

Korn Ferry; Chicago (IL); On-site; USD 110,000 - 150,000; Full time

Job summary

Korn Ferry is seeking an Insurance Product Development Consultant to strengthen governance, support regulatory filings, and drive cross‑functional product initiatives in a fast‑paced insurance environment in Chicago.

You will lead coverage forms, endorsements, documentation, and lifecycle management while partnering with underwriting, operations, compliance, and technology to deliver timely product enhancements and pricing strategies.

Qualifications

• Experience in Property & Casualty insurance.
• Knowledge of coverage forms and endorsements.
• Familiarity with state filing processes and SERFF.
• Proven ability to lead cross‑functional initiatives.
• Strong execution and project management skills.
• Ability to balance strategic improvements with day‑to‑day issue resolution.

Responsibilities

• Support product development activities, including coverage forms, endorsements, product documentation, and lifecycle management.
• Provide regulatory filing and compliance support, including state filing requirements and issue resolution.
• Lead and coordinate initiatives across underwriting, operations, compliance, and technology teams.
• Drive execution of product-related projects, ensuring accountability and timely delivery.
• Conduct competitive and market analysis to identify product enhancements and growth opportunities.
• Assist with pricing and rate strategy initiatives and related implementation efforts.
• Help establish stronger product governance, processes, and decision‑making frameworks.

Skills

Product development

Underwriting

Claims

Product analysis

Tools

SERFF

Job description

INSURANCE PRODUCT DEVELOPMENT CONSULTANT
Our global insurance client is seeking a hands‑on Product Development Consultant to help strengthen product governance, support regulatory and filing activities, and drive cross-functional product initiatives. This individual will play a key role in stabilizing the product function, improving accountability, and advancing strategic product and pricing initiatives within a fast-paced insurance environment.

Responsibilities

• Support product development activities, including coverage forms, endorsements, product documentation, and product lifecycle management.
• Provide regulatory filing and compliance support, including state filing requirements and issue resolution.
• Lead and coordinate initiatives across underwriting, operations, compliance, and technology teams.
• Drive execution of product-related projects, ensuring accountability and timely delivery.
• Conduct competitive and market analysis to identify product enhancements and growth opportunities.
• Assist with pricing and rate strategy initiatives and related implementation efforts.
• Help establish stronger product governance, processes, and decision‑making frameworks.

Requirements

• Experience in Property & Casualty insurance, preferably in product development, underwriting, claims, or product analysis.
• Strong understanding of insurance products, coverage forms, endorsements, and regulatory requirements.
• Familiarity with state filing processes; SERFF experience preferred.
• Proven ability to lead cross‑functional initiatives and navigate ambiguity.
• Strong execution, problem‑solving, and project management skills.
• Ability to balance strategic improvements with day‑to‑day issue resolution.