Senior Product Development Specialist (NYC)

Posted:
6/11/2024, 5:00:00 PM

Location(s):
Las Vegas, Nevada, United States ⋅ Nevada, United States

Experience Level(s):
Senior

Field(s):
Product

Workplace Type:
Hybrid

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 insurance documents and researching coverage forms for the Markel US Insurance Division.

Job Description:

  • Develop forms for new and revised professional coverages and products for product leadership that convey underwriting intent, demonstrate market competitiveness, and incorporate clear and supportable language for the successful resolution of claims;
  • Identify and confirm compliance with applicable regulations;
  • Research competitors’ forms and perform coverage comparisons as requested by the product line leader; propose changes in policy language, as warranted;
  • Facilitate and conduct form project meetings by product, program, or line of business;
  • Prepare proprietary forms and filing notices to assist department members on accurate and timely submission of product filings and State Department of Insurance requests;
  • Prepare communications regarding form management to underwriting and business leadership;
  • Conduct product training as needed;
  • Assist, mentor, coach and proactively share knowledge in area of expertise with other associates;
  • Continue to participate in educational opportunities to improve product knowledge.

Work Experience/Skills:

  • Minimum 5 years of experience in the product development and coverage forms area of P&C insurance 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.

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.  

  • Markel offers hybrid working schedules of 3 days in the office and 2 days remote.    

 

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 Group Careers. 

  • 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 [email protected]. 

 

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 the [email protected].  

 

Pay information:

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The salary for the position is $100K - $117K with a 25% bonus potential.