Product Development Analyst

Chubb Ltd

Chicago, IL

JOB DETAILS
SALARY
$62,700–$91,300 Per Year
SKILLS
Actuarial Skills, Analysis Skills, Benchmarking, Business Operations, Claims Processing, Communication Skills, Compensation and Benefits, Competitive Analysis/Strategy, Conferences, Cross-Functional, Dental Insurance, Detail Oriented, Entertainment and Media, Facebook, Health Insurance, Incentive Programs, Insurance, Life Insurance, LinkedIn, Maintain Compliance, Market Share, Marketing/Sales Collateral, Multitasking, Organizational Skills, Product Development, Product Documentation, Product Marketing, Product Reviews, Product Support, Project/Program Management, Regulatory Compliance, Sales, Sales Training, Social Media Marketing, Time Management, Twitter, Underwriting
LOCATION
Chicago, IL
POSTED
30+ days ago

Chubb Benefits is seeking a Product Development Analyst 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!

Job Summary

The Product Development Analyst supports the expansion and ongoing maintenance of Combined/Chubb North America's insurance product portfolio. This candidate will be assisting the product team in all aspects of competitive analysis, product development, contracts, product marketing, distribution support and training and collaborate throughout the enterprise to support cross-functional product implementation.

Responsibilities

  • Help review and edit marketing materials and collateral, maintain product support tools, as well as develop and update product training and documentation for multiple sale channels.

  • Assist with the design and development of innovative, competitive and compelling products to consistently maintain market leadership and capitalize on new growth opportunities.

  • Assist with benchmarking competitor offerings and industry practices, analyze competitor state product filings, review proposals, marketing materials, social media and attend industry conferences in order to stay industry leading carrier.

  • Participate in cross functional collaboration with Legal/Compliance, Actuarial, Group Underwriting and new Business Operations, IT and Claims to maintain products. This includes helping review, draft and revise insurance contract language and product documentation. Work with Compliance to monitor and report on our product filings and update tracking reports.

Competencies and Skills

Strong attention to detail, with superior organizational and communication skills

Ability to multi-task and successfully manage multiple priority projects

Ability to function successfully collaborate as a member of cross functional teams, as well as perform as an individual contributor

Demonstrated ability to meet aggressive deadlines

Quick learner and analytical thinker

Education and Experience

2+ years in Insurance Product and Product related function

2+ years in Worksite Insurance Market

2+ years in Life and Health Insurance

College degree preferred

The pay range for the role is $62,700 to $91,300. 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.

OUR BENEFITS

As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here.

Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:

  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • A company-match 401(k) plan
  • Disability insurance
  • Life insurance
  • Employee referral bonuses

ABOUT COMBINED INSURANCE

Combined Insurance Company of America is a Chubb company and a leading provider of supplemental accident, health, disability, and life insurance products in North America. Headquartered in Chicago, with satellite office in Columbia, SC, Combined is celebrating over 100 years in business. We are committed to making the world of supplemental insurance easy to access and understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by A.M. Best. We are ranked by VIQTORY as the number one Military Friendly® Employer in 2023 (over $1 billion revenue category), marking Combineds twelfth consecutive year on the Top 10 list. We pride ourselves on approaching all situations with a Positive Mental Attitude (PMA) and encouraging collaboration.

ABOUT CHUBB

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

Connect with us on Twitter, Facebook, LinkedIn, and Instagram #combined

About the Company

C

Chubb Ltd

Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.

With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.

As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.

Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.

What we deliver:

  • Extensive product and service offerings
  • Broad distribution capabilities
  • Service excellence
  • Risk expertise
  • Underwriting discipline
  • Exceptional financial strength
  • Local operations globally
COMPANY SIZE
500 to 999 employees
INDUSTRY
Insurance
FOUNDED
1792
WEBSITE
https://www.chubb.com/