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Product Specialist Job No: 671769 Sydney - Inner Suburbs & CBD, Brisbane - Inner Suburbs & CBD, Adelaide, Melbourne - Inner Suburbs & CBD Permanent Full Time Insurance Pay Band 5 Permanent role Identify and assess product solutions to improve coverage, utilising a strong understanding of customer needs Australia wide location / hybrid work from home Commercial products serve all segments of Commercial Insurance with this role primarily focused on SME Packages and Commercial Motor.
These products are distributed directly and through intermediaries.
The purpose of this crucial role is to act as a subject matter expert for Policy Wording development.
This includes policy wording and endorsement drafting and design to ensure they meet contemporary customer and market needs, as well as comply with all Regulatory requirements.
This role also involves facilitating the wording review with key stakeholders and SMEs and understanding how the products are delivered through the value chain and operate in the market.
Key Responsibilities include but not limited to: Analyse and address any Product enhancement opportunities with the Product Manager Work effectively with Legal to execute feedback, assess terms, conditions analyse impact & product gaps to ensure wordings are fit for purpose and compliant Consider customer and market lenses in developing wording recommendations and coverage options Integrate understanding of distribution and market dynamics into document design considerations (including endorsements, Certificate of Currency and other components of the cover contract)Align this Program of Work to ensure Commercial Products and their management comply with Suncorp’s Product and Platform standards and the Regulatory risk environment Ensure that Commercial products are suitable for our target market customers and segments.
Skills & Experience: Experience working in General Insurance wording development A technical background working with a range of insurance product wordings An eye for detail as well as a pragmatic approach demonstrating well developed commercial acumen Experience in General Insurance Technical Claims or Underwriting Strong Insurance policy wording drafting skills, particularly the ability to write in plain language and undertake sustained periods of editing and review General Insurance Legal Experience desirable Culture: Working as part of the Suncorp Group you will have access to an unparalleled range of job opportunities across insurance, banking, wealth management and corporate services.
We promote a high-performance culture where people are rewarded for effort and dedication.
We recognise and value commitment and encourage our people to maintain a healthy balance between their career and personal time.
Suncorp has been awarded Employer of Choice for Gender Equality (EOCGE) by the Workplace Gender Equality Agency (WGEA) for seven years in a row.
If this role sounds like the challenge you have been looking for please submit an application online today.
For more information please contact We believe we are at our best when our workforce is as diverse, talented and passionate as the communities in which we live and operate, and where our people feel included, valued and connected.
We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering flexible work, career development and internal mobility, and building connected relationships amongst our team members and with our customers.
If you require any support and adjustments to participate equitably in our recruitment process or in the workplace, we encourage you to contact for a confidential conversation.
Advertised: 19 Jun 2024 AUS Eastern Standard Time Applications close: 23 Jul 2024 AUS Eastern Standard Time Don't see a job for you? Don't see your dream job posted? No problem, sign up for job alerts and we'll let you know once something becomes available.
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Product Specialist, New Zealand
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Product Specialist, New Zealand
New Zealand, New Zealand, New Zealand,
Modified September 21, 2024
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Located on Vero Beach's barrier island, Vero Insurance is a locally owned independent insurance agency servicing the insurance needs of Treasure Coast families and business since 1960. Vero Insurance combines the best characteristics of a community insurance agency with the professional risk management expertise of larger national brokers.
Licensed nationally and with access to over 100 of America's most prestigious insurance carriers, we are proud to offer our clients multiple options as well as independent and completely objective advice.