Product Services Manager

Chubb; Philadelphia (Philadelphia County); On-site; USD 75,000 - 100,000; Full time

Job summary

Chubb is seeking a Product Services Manager to lead the development and filing of Commercial Lines products in Philadelphia, PA. The ideal candidate will have strong expertise in commercial insurance and a passion for navigating regulatory requirements.

Responsibilities include managing product compliance, conducting regulatory reviews, and supporting audits. Experience in commercial insurance products is paramount, along with technical advice skills related to policy issuance systems.

Qualifications

• Strong knowledge of Commercial Lines insurance products.
• Experience with regulatory compliance and product filings.
• Ability to analyze regulatory and legislative changes.

Responsibilities

• Work with business units on developing and filing new Commercial Lines products.
• Manage assigned Commercial Lines Products and ensure compliance.
• Perform regulatory reviews and draft state amendment language.

Job description

Join Chubb as a Product Services Manager and bring your Commercial Lines expertise to the forefront! If you have a passion for navigating the complexities of commercial insurance products and thrive in a dynamic environment, this is the perfect opportunity for you.

The ideal candidate will sit in our Philadelphia, PA office. Other Chubb locations may be considered.

Major Duties and Responsibilities

• Work with business units in the development and filing of new Commercial Lines products, amendments, coverages, rating plans, and programs that conform to applicable laws while meeting business objectives.
• Manage and maintain assigned Commercial Lines Products including forms, rules, and rating plans so they are in compliance with regulatory requirements.
• Manage/implement approved rate/rule/form changes in the appropriate policy issuance system(s).
• Develop and direct Commercial Lines p filings to ensure expedited filing approvals. Provide input/drive resolution to filing objections with Business Unit and Actuarial input.
• Perform regulatory review of products and draft state amendatory language.
• Analyze regulatory and legislative changes and propose action as needed. Develop and circulate advisory bulletins as appropriate.
• Provide technical advice, counsel, and assistance in the development and utilization of the policy issuance system(s) utilized by Commercial Lines.
• Participate in and support regulatory compliance activities including audits of business units and Market Conduct Examinations.
• Research and develop reference tools on important product issues for posting to the internal Chubb intranet as guides for the Business Unit.
• Provide detailed and accurate product requirements (forms, rules) to IT/third party vendor for system implementation.
• Prepare and submit filings for entry into SERFF; track and respond to product objections.
• Monitor Reference Organization (ISO) changes and communicate as appropriate to ensure compliance.
• Manage special projects, as assigned.