Senior Product Development Business Partner - Liability

The Impact You Will Have 

The Senior Product Development Business Partner - Liability provides product and forms support for Liability insurance products across North America. Reporting directly to the Regional Head of Product Development – North America, this role partners closely with Product Development, Underwriting, Compliance, Legal, Governance, Operations, and other key stakeholders to support the development, maintenance, and implementation of Liability products.  The Business Partner serves as a key product resource for forms, product documentation, implementation, and coordination of regulatory-related matters. This role does not replace or duplicate the responsibilities of Compliance, Legal, or regulatory filing functions, but works closely with those teams to ensure Product Development appropriately incorporates their guidance into Liability products and forms.

Some of your specific responsibilities could include:

• Drafting, revising, and maintaining Liability forms, endorsements, and related product documentation.

• Supporting the development and maintenance of state- and province-specific forms based on guidance provided by Compliance, Legal, Governance, and other appropriate stakeholders.

• Reviewing forms for consistency with approved product structures, drafting standards, functional rules, and established Liability product requirements.

• Supporting Product Development in maintaining consistency across Liability forms, templates, terminology, and drafting conventions.

• Advising Product Development and Underwriting regarding appropriate form selection, usage, and implementation.

• Supporting product conforming activities when base forms or broader product structures are updated.

• Partnering with Compliance to understand regulatory developments and requirements that may impact Liability products or forms.

• Coordinating with Compliance when Product Development needs clarification regarding state-specific requirements or regulatory considerations.

• Translating Compliance guidance into appropriate product and form changes in partnership with Product Development leadership.

• Providing product and form subject-matter support to Compliance when regulatory questions arise.

• Supporting preparation of product explanations, form comparisons, and other materials requested by Compliance or Governance in connection with regulatory activity.

• Assisting in implementing changes resulting from regulatory feedback, objections, or Compliance guidance.

• Escalating regulatory questions or concerns to Compliance, Legal, or other appropriate functions rather than independently determining regulatory positions.

• Assisting with research and analysis of ISO, competitor, proprietary, and legacy forms as needed.

• Supporting the filing and governance teams by providing product language, form explanations, supporting documentation, and product-development input as needed.

• Partnering with Compliance and Governance regarding filing-related questions involving Liability forms.

• Assisting with revisions to product language when changes are required as a result of regulatory review.

What You’ll Bring to the Role

• A minimum of 3 years of experience in Property & Casualty;

• Experience in commercial insurance product development, forms, underwriting, compliance support, or a related discipline;

• Demonstrated experience drafting, reviewing, maintaining, or implementing insurance policy forms;

• Ability to coordinate across multiple functions without duplicating or assuming ownership of those functions;

• Experience collaborating across Product Development, Underwriting, Legal, Claims, Compliance, Regulatory, Governance, and other insurance functions;

• Strong written communication, analytical, and issue-spotting skills;

• Ability to exercise sound judgment regarding when issues should be resolved within Product Development and when escalation to another function is appropriate;

• Ability to build and foster relationships internally across the organization;

• Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial. 

• Bachelor’s degree required.

External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.

The annualized base pay range for this role in O’Fallon is $100,000 – $140,000. The annualized base pay range for this role in Alpharetta is $115,000 – $155,000.  The annualized base pay range for this role in New York is $125,000 – $175,000.  The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.