Product Services Manager

JOB DESCRIPTION

Join Chubb as a Product Services Manager and bring your Commercial Lines expertise to the forefront! If you have a passion for navigating the complexities of commercial insurance products and thrive in a dynamic environment, this is the perfect opportunity for you.

The ideal candidate will sit in our Philadelphia, PA office.

Other Chubb locations may be considered.

Legal & Compliance (L&C) - Philosophy and Culture Statement: The L&C is committed to providing best-in-class legal and compliance services to our business partners.

The L&C emphasizes teamwork, expertise, and a "can-do" attitude.

Operating as a best-in-class organization requires a commitment to constant improvement and an on-going commitment to adding value - every day, by every team member.

The group takes pride in delivering consistent customer satisfaction, advancing self-development among team members, participating in company and team initiatives - all with a focus on superior execution.

Major Duties and Responsibilities:


* Work with business units in the development and filing of new Commercial Lines products, amendments, coverages, rating plans, and programs that conform to applicable laws while meeting business objectives.


* Manage and maintain assigned Commercial Lines Products including forms, rules, and rating plans so they are in compliance with regulatory requirements.


* Manage/implement approved rate/rule/form changes in the appropriate policy issuance system(s).


* Develop and direct Commercial Lines p filings to ensure expedited filing approvals.

Provide input/drive resolution to filing objections with Business Unit and Actuarial input.


* Perform regulatory review of products and draft state amendatory language.


* Analyze regulatory and legislative changes and propose action as needed.

Develop and circulate advisory bulletins as appropriate.


* Provide technical advice, counsel, and assistance in the development and utilization of the policy issuance system(s) utilized by Commercial Lines.


* Participate in and support regulatory compliance activities including audits of business units and Market Conduct Examinations.


* Research and develop reference tools on important product issues for posting to the internal Chubb intranet as guides for the Business Unit.


* Provide detailed and accurate product requirements (forms, rules) to IT/third party vendor for system implementation.


* Prepare and submit filings for entry into SERFF; track and respond to product objections.


* Monitor Reference Organization (ISO) changes and communicate as appropriate to ensure compliance.


* Manage special projects, as assigned.

QUALIFICATIONS

Education and Experience:


* Bachelor's degree or equivalent industry experience in product management and regulatory issues.


* Minimum 3 - 5 years of experience in Commercial or Commercial Lines products in underwriting, product management or regulatory compli...