Product Development Consultant - Zurich NA
Springfield, IL
About the Job
Product Development Consultant
104106
Zurich North America is currently looking for a Product Development Consultant to support or Life A&H division. This position can be located remotely anywhere in the United States. As a Product Development Consultant, this individual provides legal expertise and transactional support to the Life A&H Business Unit and Underwriters. They will also help enable achievement of business plans and the delivery of excellent customer service while managing and mitigating legal risks.
Additional Accountabilities include:
+ Support the development and implementation of underwriting solutions (e.g. product development) for Life A&H.
+ Advise the Business Unit and Underwriters in responding to coverage requests and draft language for specific transactions
+ Assist with approval of terms and conditions (e.g. policy wording) by working closely with the Business Unit and Underwriters
+ Research and analyze relevant legal issues in connection with contract drafting
+ Structure new endorsements consistently and maintain the endorsement library with relevant updates and modifications
+ Draft state-specific forms in compliance with state insurance laws and regulations, both for new/refreshed products and in response to new laws and regulations. Serve as Life Accident & Health contact for form related checklists, filing guidance and strategy, and filing objections.
+ Support product refreshes (e.g. updating pre-existing coverages and endorsements) by preparing coverage forms and endorsements for Governance Review
Basic Qualifications:
+ JD and 6 or more years of experience of law practice specializing in the insurance area
Preferred Qualifications:
+ A&H Insurance regulatory exp.
+ Strong organizational and analytical skills
+ Strong verbal and written communication skills
Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. Compensation provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled.As required by local law, Zurich provides in good faith a reasonable range of compensation for roles.For additional information about our Total Rewards, clickhere (https://www.zurichna.com/careers/benefits) . Other rewards may include short term incentive bonuses and merit increases. The starting salary range for the position is: $99,300.00 - $ 136,500.00.
As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( https://www.zurichna.com/careers/faq ).
A future with Zurich. What can go right when you apply at Zurich?
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please clickhere (https://www.zurichna.com/careers) to learn more.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Location(s): AM - Remote Work (US)
Remote Working: Hybrid
Schedule: Full Time
Linkedin Recruiter Tag: #LI-PC1 #LI-ASSOCIATE
104106
Zurich North America is currently looking for a Product Development Consultant to support or Life A&H division. This position can be located remotely anywhere in the United States. As a Product Development Consultant, this individual provides legal expertise and transactional support to the Life A&H Business Unit and Underwriters. They will also help enable achievement of business plans and the delivery of excellent customer service while managing and mitigating legal risks.
Additional Accountabilities include:
+ Support the development and implementation of underwriting solutions (e.g. product development) for Life A&H.
+ Advise the Business Unit and Underwriters in responding to coverage requests and draft language for specific transactions
+ Assist with approval of terms and conditions (e.g. policy wording) by working closely with the Business Unit and Underwriters
+ Research and analyze relevant legal issues in connection with contract drafting
+ Structure new endorsements consistently and maintain the endorsement library with relevant updates and modifications
+ Draft state-specific forms in compliance with state insurance laws and regulations, both for new/refreshed products and in response to new laws and regulations. Serve as Life Accident & Health contact for form related checklists, filing guidance and strategy, and filing objections.
+ Support product refreshes (e.g. updating pre-existing coverages and endorsements) by preparing coverage forms and endorsements for Governance Review
Basic Qualifications:
+ JD and 6 or more years of experience of law practice specializing in the insurance area
Preferred Qualifications:
+ A&H Insurance regulatory exp.
+ Strong organizational and analytical skills
+ Strong verbal and written communication skills
Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. Compensation provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled.As required by local law, Zurich provides in good faith a reasonable range of compensation for roles.For additional information about our Total Rewards, clickhere (https://www.zurichna.com/careers/benefits) . Other rewards may include short term incentive bonuses and merit increases. The starting salary range for the position is: $99,300.00 - $ 136,500.00.
As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( https://www.zurichna.com/careers/faq ).
A future with Zurich. What can go right when you apply at Zurich?
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please clickhere (https://www.zurichna.com/careers) to learn more.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Location(s): AM - Remote Work (US)
Remote Working: Hybrid
Schedule: Full Time
Linkedin Recruiter Tag: #LI-PC1 #LI-ASSOCIATE
Source : Zurich NA