Product Development Specialist

Markel; Austin (TX); On-site; USD 62,000 - 86,000; Full time

Benefits offered by this job

Health, dental and vision insurance

401(k) with employer match

Employee Stock Purchase Plan

Paid time off and holidays

Parental leave

Job summary

Markel is seeking a Product Development Specialist to lead the development of insurance policy forms and endorsements for the US Insurance Division. You will turn underwriting concepts into compliant forms and collaborate with cross-functional teams.

This role requires 1–3 years of experience, a Bachelor's degree, strong analytical skills, and proficiency in Excel and Word; you will help ensure timely filings and support regulatory requests while mentoring colleagues.

Qualifications

• Bachelor's degree required.
• 1–3 years in insurance coverage form development preferred.
• Ability to interpret state laws and regulations relevant to policy lifecycle.
• Proven analytical and problem-solving skills.
• Proficient in Excel and Word.

Responsibilities

• Develop policy forms for new and revised coverages, conveying underwriting intent.
• Draft related insurance documents and research coverage forms.
• Identify regulatory requirements and ensure compliance.
• Prepare filings and regulatory requests with accuracy.
• Mentor and share knowledge with colleagues.
• Foster relationships with internal stakeholders.
• Participate in special projects as requested.

Skills

Analytical skills

Detail-oriented

Interpersonal skills

Project management

Problem solving

Education

Bachelor's degree

Tools

Excel

Word

Job description

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it.

The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The Product Development Specialist is responsible for form development of new or revised insurance products and programs, drafting related insurance documents, and researching coverage forms for the Markel US Insurance Division.

• Develop insurance policy forms for new and revised coverages that clearly convey underwriting intent, demonstrate market competitiveness, and incorporate supportable language for the successful resolution of claims.
• Identify and confirm compliance with applicable regulations.
• Prepare applicable documentation to assist department members on accurate and timely submission of product filings and State Department of Insurance requests.
• Assist, mentor, coach and proactively share knowledge in area of expertise with other PRS associates.
• Foster and encourage strong relationships with internal stakeholders.
• Participate in special projects as requested.

What we're looking for

• Bachelor's degree required
• Minimum 1-3 years of experience in the development of insurance coverage forms preferred.
• Ability to conceptualize and create insurance forms and endorsements.
• Ability to interpret state laws and regulations as applicable to the insurance policy life cycle.
• Proven analytical and problem-solving skills.
• Detail-oriented with strong interpersonal ability.
• Project management experience preferred.
• Technically proficient in all standard business software applications including Excel and Word.

US Work Authorization

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The national average salary range for the Product Development Specialist is $62,400 - $85,800 with 12% incentive.

Who we are

Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We’re all about people | We win together | We strive for better

We enjoy the everyday | We think further

What’s in it for you

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

• We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
• All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
• We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.

Should you require any accommodation through the application process, please send an e‑mail to the [e-mail].

No agencies please.