Westfield Specialty Insurance · 2 months ago
Product Development Senior Consultant
Westfield Specialty Insurance is seeking a Product Development Senior Consultant to lead product development efforts focused on Workers Compensation and General Liability. The role involves managing the full product development lifecycle while collaborating with cross-functional teams to ensure alignment with strategic goals and market trends.
Insurance
Responsibilities
Consults with underwriters on specific risks providing direction and expertise on policy language
Conducts technical and product training for both internal business units and external business partners and customers
Works in collaboration with Product Management, Actuarial and Business Leaders to manage the Product Roadmap in alignment with the Enterprise strategic direction
Conducts market research and competitive analysis to identify opportunities for new products or enhancements to existing products
Creates detailed project plans, sets milestones, and manages project timelines
Monitors and reports on project progress, addressing any issues or risks
Tracks economic conditions and regulatory issues affecting assigned lines of business and industries, including emerging issues and markets
Participates in a product performance team as a SME for an assigned line of business
Coordinates practice groups made up of individuals outside the department to ensure product alignment with all aspects of the enterprise
Cultivates relationships outside the department that are affected by the success of the product
Develops proposals, project plans, leads key activities, and serves as the subject matter expert (SME) related to the detailed design and implementation of product development initiatives, including product enhancements, launches or discontinuations
Qualification
Required
10+ years of experience in product development, commercial underwriting, other experience in the commercial insurance industry
Bachelor's degree in business or a related field and/or commensurate work experience
Collaborates
Customer focus
Communicates effectively
Decision quality
Nimble learning
New Product Development
Product Roadmap
Go To Market Strategy
Enterprise Application Software
Product Management
Business Analysis
Preferred
Certified Insurance Counselor (CIC)
Company
Westfield Specialty Insurance
Westfield Specialty is a prominent specialty insurance carrier, leveraging the financial strength of Westfield, a leading U.S.-based property and casualty insurance company and the well-established Lloyd’s of London Syndicate 1200.