Insurance Product Development Specialist

VetJobs; Irvine (CA); On-site; USD 64,000 - 96,000; Full time

Job summary

Hyundai Capital America (HCA) in Irvine, CA, seeks an Insurance Product Development Associate to support product development and portfolio management for insurance programs. The role involves analyses, reporting, documentation, approvals, testing, and implementation activities.

You will assist with product forms, coordinate with Legal and Compliance, maintain schedules, track requirements, and support quality control and audits. On-site role in Irvine.

Qualifications

• Minimum 2-4 years of related experience in product development, financial services, insurance, business analysis, pricing, reporting, or project support.
• Experience performing data analysis, preparing reports, maintaining documentation, or supporting product and process implementation.
• Experience supporting insurance or financial products a plus.
• Bachelor’s degree in Marketing, Sales Management, Business, Statistics or related field.
• Knowledge of product development, business analysis, or project coordination principles.
• Ability to analyze information, identify trends, and summarize findings.
• Ability to prepare reports and maintain accurate product and project documentation.
• Proficiency with Microsoft Office, including Excel, PowerPoint, Word, and Outlook.
• Ability to follow established procedures and complete assignments within defined timelines.
• Ability to communicate effectively and coordinate with internal and external stakeholders.
• Ability to identify discrepancies, escalation issues, and support resolution activities.
• Working knowledge of data-querying or reporting tools may be applicable based on business needs.

Responsibilities

• Product Development Support: Perform defined financial and operational analyses to support product performance reviews, pricing evaluations, and identification of potential product opportunities. Prepare reports and summarize findings for management review.
• Product Form Support: Assist with the preparation, review, and maintenance of consumer-facing product forms. Coordinate documentation and track approvals from Legal, Compliance, and other applicable stakeholders.
• Project Coordination: Maintain project schedules, action items, status reports, business requirements, and supporting documentation. Assist with testing, issue tracking, implementation, and post-launch monitoring activities.
• Approval and Communication Support: Prepare meeting materials, coordinate meetings, document decisions, communicate status updates, and track required product and project approvals. (15%)
• Compliance and Quality Support: Perform defined reviews of product features, coverage provisions, program rules, system configurations, and business requirements to identify discrepancies and support compliance, audit, and quality-control activities.

Skills

Data analysis

Reporting

Documentation

Stakeholder coordination

MS Office

Excel

PowerPoint

Communication

Attention to timelines

Education

Bachelor's degree

Job description

Hyundai Capital America (HCA) in Irvine, CA, seeks an Insurance Product Development Associate to support product development and portfolio management for insurance programs. The role involves analyses, reporting, documentation, approvals, testing, and implementation activities.

You will assist with product forms, coordinate with Legal and Compliance, maintain schedules, track requirements, and support quality control and audits. On-site role in Irvine.