Product Development Analyst

Chubb Benefits; South Portland (ME); On-site; USD 60,000 - 85,000; Full time

Job summary

Chubb Benefits in South Portland is seeking a Product Development Analyst to support the expansion of their insurance product portfolio. This role involves competitive analysis, product development, and collaboration with various departments to ensure effective product management. The ideal candidate has at least 2 years of experience in insurance products and must demonstrate strong organizational and communication skills. Chubb Benefits is a leading provider of supplemental insurance in the U.S. and Canada.

Qualifications

• 2+ years in Insurance Product and Product related function.
• 2+ years in Worksite Insurance Market.
• 2+ years in Life and Health Insurance.

Responsibilities

• Support expansion and maintenance of product portfolio.
• Assist in competitive analysis and product development.
• Review and edit marketing materials and product training.
• Participate in cross-functional collaboration.

Skills

Strong attention to detail

Organizational skills

Communication skills

Ability to multi-task

Cross-functional team collaboration

Analytical thinking

Job description

Chubb Benefits is seeking a Product Development Analyst to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!

Job Summary

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.

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.

Competencies and Skills

• 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

Education and Experience

• 2+ years in Insurance Product and Product related function
• 2+ years in Worksite Insurance Market
• 2+ years in Life and Health Insurance

About Chubb Benefits

Chubb Benefits is a leading provider of supplemental accident, health, disability, and life insurance products in the U.S. and Canada. Headquartered in Chicago with a tradition of more than 100 years of success, we are committed to making the world of supplemental insurance easy to understand. The company has an A+ rating by the Better Business Bureau and an A+ (Superior) financial strength rating by AM Best. In New York, products are underwritten by Combined Life Insurance Company of New York (Latham, N.Y.).