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Sr. Product Development Specialist

Markel

United States

Remote

USD 60,000 - 100,000

Full time

30+ days ago

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Job summary

An established industry player is seeking a Senior Product Development Specialist to join their dynamic team. This role involves developing and revising Management Liability insurance products, ensuring compliance with regulations, and fostering strong relationships with stakeholders. The ideal candidate will have a proven track record in insurance product development and possess strong analytical and problem-solving skills. This position offers a unique opportunity to contribute to meaningful projects within a supportive and collaborative environment, where your expertise can make a significant impact on the company's success.

Benefits

Health insurance options
Dental insurance options
Vision insurance options
401(k) with employer match
Employee Stock Purchase Plan
Paid Time Off (PTO)
Corporate holidays
Floating holidays
Parental leave

Qualifications

  • Experience in developing Management Liability insurance forms required.
  • Ability to interpret state laws and regulations related to insurance.

Responsibilities

  • Develop Management Liability policy forms for new and revised coverages.
  • Assist in accurate product filings and compliance with regulations.

Skills

Management Liability insurance coverage forms
Analytical skills
Problem-solving skills
Detail-oriented
Project management

Education

3+ years in insurance product development

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 Senior 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.

What you'll be doing:

  • Develop Management Liability policy forms, including D&O, EPL, and Fiduciary Liability, 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:

  • Minimum 3 years of experience in the development of Management Liability insurance coverage forms required.
  • 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.

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.

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:

  • All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
  • All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.

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 rarecruiting@markel.com.

No agencies please.

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