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Chubb

Product Development Analyst

Reposted 19 Days Ago
In-Office
Chicago, IL, USA
63K-91K Annually
Junior
In-Office
Chicago, IL, USA
63K-91K Annually
Junior
The Product Development Analyst aids in expanding Chubb's insurance portfolio through competitive analysis, product development, marketing support, and cross-functional collaboration.
The summary above was generated by AI

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 

 

Marketing and Sales Support - 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.

 

New Product Development - Assist with the design and development of innovative, competitive and compelling products to consistently maintain market leadership and capitalize on new growth opportunities

 

Competitive Analysis – 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

 

Product Management – 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.

About Chubb Benefits

Combined Insurance Company of America (Chubb Benefits) is a leading provider of supplemental accident, health, disability, and life insurance products in the U.S.** and Canada. Headquartered in Chicago with a tradition of more than 100 years of success, we are committed to making the world of supplemental insurance easy to understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by AM Best.

 ** In New York, products are underwritten by Combined Life Insurance Company of New York (Latham, N.Y.).

About Us
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.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Top Skills

Competitive Analysis
Cross-Functional Collaboration
Insurance Product Management
Product Marketing

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