Description

JOB DESCRIPTION

Chubb Benefits, is seeking a VP, Product Line Officer 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!

Business and Product Responsibilities:

• Collaborate with business units to develop new products, amendments, coverages, rating plans, and programs that comply with legal requirements and support business goals.
• Support Chubb Benefits life and health distribution channels by ensuring timely implementation of approved form/rate filings and related initiatives.
• Manage product development needs across various distribution channels, providing guidance and support as required.
• Work closely with business units and support teams to ensure products, systems, processes, and procedures meet statutory and regulatory requirements; participate in compliance audits, assist with new policy form setup, and conduct quality testing.
• Serve as the primary contact for statutory and regulatory issues, coordinating with team members, business units, Legal, Compliance, and Product Filings.
• Communicate product changes and new development initiatives to management, escalate challenges, and help develop action and remediation plans.
• Ensure the team meets established timelines for submitting filing packets to the Product Filings team for state regulator review.
• Confirm product compliance with all state requirements and complete necessary checklists prior to rate and form submission.
• Maintain form management and document control according to department procedures to track product filing history.
• Research statutory and regulatory requirements in response to information requests related to life and health product compliance.
• Conduct competitor product research and assist in developing new products, programs, and coverage endorsements.
• Provide state-specific updates and filing status to internal business partners.
• Strategize with Filings, Legal, and Compliance teams to identify regulatory changes, assess their impact, communicate to stakeholders, and ensure timely filings in accordance with state laws.
• Coordinate objection responses for rate and form filing submissions with business units.

Leadership/People Management Responsibilities:

• Leadership: Ability to motivate, inspire, and guide teams toward achieving goals.
• Communication: Clear, concise, and effective communication with team members and stakeholders.
• Conflict Resolution: Skilled in addressing and resolving interpersonal issues constructively.
• Coaching & Development: Ability to mentor, train, and develop employees for growth.
• Performance Management: Experience with setting goals, providing feedback, and conducting performance reviews.
• Delegation: Assigning tasks appropriately and empowering team members.
• Emotional Intelligence: Understanding and managing one's own and others' emotions.
• Team Building: Fostering collaboration, trust, and a positive team culture.
• Decision-Making: Making informed, timely decisions that consider team input.
• Adaptability: Adjusting management style to meet changing needs and diverse personalities.
• Organizational Skills: Managing multiple priorities, schedules, and resources efficiently.

Education, Major Skills, Knowledge, and Experience Requirements:

• Bachelor degree or equivalent industry experience in product management and regulatory issues.
• At least 10 years of experience in life and health insurance industry.
• Strong knowledge of individual and group life and health insurance products, including the product development process, regulatory procedures and interactions, and the state approval processes.
• Experience working in a product and rate filing and approval environment with explicit leadership/facilitation/coordination responsibilities and knowledge of the relationship to Underwriting, Sales, Actuarial, Legal and Compliance, IT, Marketing, Training and Claims.
• Excellent communications skills; capable of interacting effectively with Regulators and key business stakeholders.
• Demonstrated track record in effective project management, managing shifting priorities, and coordinating efforts across organizational lines.
• Strong negotiation skills with ability to influence the priorities and actions of other people and departments.
• Demonstrated adaptability and flexibility to adjust to changing business priorities.

The pay range for the role is $150,000 to $190,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website . The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

Requisition #: 33549

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