Product Development Professional

Westfield - Seville, OH

Full-time - Entry Level

Seville, OH

1,001-5,000 employees

Educational Services

About the position

The Product Development Professional plays a crucial role in supporting product managers throughout the product development lifecycle, ensuring compliance with underwriting philosophy and regulations on a state-by-state basis. This position involves collaboration with IT teams, maintaining product templates, and responding to business requests while ensuring quality solutions are delivered on time.

Responsibilities

• Provide support to product managers throughout the product development lifecycle.
• Ensure compliance with underwriting philosophy and regulations on a state-by-state basis.
• Develop and communicate rate and rule/form change specifications.
• Collaborate with IT teams to prioritize changes according to the rate and rule/form change schedule.
• Deliver quality solutions for key individual errors/defects on time.
• Maintain forms and product templates for mandated language globally.
• Respond to ad-hoc business requests, including coverage questions and product analysis.
• Act as a liaison between business, actuarial, and IT by communicating acceptance criteria for rate and product changes.
• Support product maintenance and implementation activities for insurance products.
• Assist Product Managers with multi-state implementation of rule or form changes.
• Respond to underwriting questions about products, coverages, and system behavior.
• Ensure timely implementation of quality solutions for key individual defects within stated SLAs.
• Collaborate with stakeholders for accurate and timely completion of communications and processes.
• Provide information to Product Managers for product proposals and track changes at the state level.
• Manage the collection, development, analysis, documentation, and communication of acceptance criteria.
• Assist in maximizing market opportunities to achieve targets and financial efficiency.

Requirements

• 0-3 years of experience in Product Development, Insurance industry, or a related field.
• Bachelor's degree in Business or a related field and/or commensurate work experience.