Description

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. Leverage your 3-5 years of experience in underwriting, product management, or regulatory compliance to make a significant impact in our Commercial Lines division.

Legal and Compliance (L&C) - Philosophy and Culture Statement: The L&C is committed to providing best-in-class legal and compliance services to our business partners. The L&C emphasizes teamwork, expertise, and a "can-do" attitude. Operating as a best-in-class organization requires a commitment to constant improvement and an on-going commitment to adding value - every day, by every team member. The group takes pride in delivering consistent customer satisfaction, advancing self-development among team members, participating in company and team initiatives - all with a focus on superior execution.

Ideally, this role will sit in our Whitehouse Station, NJ office. Other Chubb locations, such as Chicago, IL 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 product 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.
•Manage special projects, as assigned.

Requisition #: 19266

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