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Carrot Peelers, Sales, Personality and Your Job Search
In-House
Attorney
Insurance Coverage
Min 6 yrs required
F&I Product Development Specialist I Responsibilities: Facilitating communication and partnering with leadership teams to define strategic direction and product roadmaps. Support the implementation of technology initiatives to improve processes, develop policies and generate innovation to maintain regulatory compliance and/or deliver process or product enhancements. Support for the development and implementation of underwriting solutions (e.g. product development) for a portfolio, line of business, or product line. Supporting the implementation activities and product launch such as pilot groups, and training as required. Stay abreast of the latest product line and industry trends. Maintain and promote existing strategic partnerships internally. Advise the Business Unit and Underwriters in responding to coverage requests and draft language for specific transactions. Promote a consistent approach to coverage through adherence to an established coverage philosophy. Contribute to the development of technical underwriting coverage guidelines and Best Practices, including controls and procedures. Support strategic initiatives that impact the product line. Research and analyze relevant legal and regulatory issues in connection with new markets and contract drafting. Develop training materials on the intent of critical policy provisions and new products. Educate and influence stakeholders by demonstrating the impact of coverage requests to ensure that the business is not exposed to undue risk. Understanding the competitive landscape and customer satisfaction through customer visits, and collaboration with Sales and Service teams.
Qualification and Experience
Basic Qualifications: Juris Doctorate. 6+ years of experience in law practice specializing in the insurance area related to contracts and coverage. Preferred Qualifications: 5+ years working in warranty or insurance product development or directly with development teams. Industry experience in the relevant line(s) of business. Proficient in using computer-based tools. Strong organizational and analytical skills. Strong written and verbal communication skills; with the ability to tailor the approach based upon audience and message. Demonstrated ability to partner and negotiate effectively with stakeholders, UW, Actuarial, IT, and business staff. Ability to effectively manage workload, meet assigned timelines, demonstrate urgency & resolve complex problems both independently and as part of the team.
Req. #: 76044
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