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A map of the United States highlighting the number of Bala job openings by state according to ZipRecruiter. The image is accompanied by a detailed chart listing the number of Bala job openings in each state, with California having the most at 2 and Hawaii the least at 0.

Product Development Specialist

Tokio Marine North America Services

Dublin, OH • On-site

Full-time

Re-posted 24 days ago


Job description

Job Summary:
Tokio Marine North America Services is expanding their Product Development team. The Product Development Specialist will support Property & Casualty products by drafting policy wordings and liaising with Compliance during the filing process, ensuring that products are clear, competitive, and compliant.
Responsibilities:
• Drafting and updating coverage forms, endorsements, and rate/rule pages
• Preparing clear, well-supported explanatory memos for submission to Departments of Insurance (DOIs)
• Researching competitor filings to help inform product market positioning
• Monitoring regulatory and legal changes and translating them into timely updates to forms and rules
• Partnering with Underwriting and Actuarial to clarify project intent and confirm rating approach
• Collaborating with Claims to refine form language and improve clarity
• Supporting State Filings by compiling and organizing filing materials for DOI submissions
• Responding to DOI objections and coordinating updates with Underwriting and Actuarial
• Reviewing system requirements with IT to ensure programming aligns to the approved filing
Qualifications:
Required:
• Excellent research, detail, creative problem solving and project management skills
• Strong influencing skills to ensure alignment with Underwriting, Actuarial, Operations, Claims, IT and Compliance
• Strong command of ISO Commercial Lines, ISO Manuals/Circulars, regulatory concepts, along with a strong collaborative, proactive and self-starter nature
• Superior interpersonal, communication, and time management skills and ability to develop and foster relationships with key internal and external stakeholders and contribute in a dynamic, fast-paced environment and effectively deliver on multiple priority matters
Preferred:
• Insurance Designations a plus (CPCU, ASLI, AU, etc.)
• Bachelor’s degree (or higher) from an accredited college/university preferred
Company:
Tokio Marine North America Services delivers innovative and market-leading solutions to our Tokio Marine insurance companies. Founded in 2012, the company is headquartered in Bala Cynwyd, USA, with a team of 201-500 employees. The company is currently Growth Stage.