Location: Jersey City,NJ, USA
Join us as a Product Development Manager to make more of your specialist expertise and experience.
Make your mark in AIG PROGRAMS.
PRODUCT DEVELOPMENT MANAGER
The Product Development Manager position is responsible for managing the tasks and processes associated with the product development, filing submission/approval and implementation of new or revised products (rates/rules/forms) for use within the Programs Division.
How you will create an impact
* Maintain product and filings knowledge and ownership of assigned products/programs.
* Assist Underwriting and Program Development in the analysis, development and documentation of products (rates/rules/forms) with a focused responsibility for rate/rule page manuals development and complex forms drafting.
* Coordinate product review with various stakeholders (Program Managers, Product Line Officers, Actuarial, Claims, Compliance, Systems, Program Administrator, etc.) and drive to conclusion the Legal review and approval process for forms/endorsements.
* Assist in the development and implementation of product and filings strategy.
* Handle all coordination aspects of the state filings submission process serving as a liaison between AIG Programs staff and the AIG State Filings Department. Responsible for the accurate completion of all required filing related transmission documentation.
* Coordinate the response to State Insurance Department objections on state filings with input from Program Managers, Product Line Officers, Program Administrator, Actuarial and Legal. Direct AIG State Filings Department personnel on responding.
* Provide product support for market conduct inquiries.
* Coordinate state filing product approvals to include notification to Program Administrators, Underwriting and AIG Systems/Operations for implementation. Provide related system programming specifications to align with product/filing intent.
* Conduct research on competitor products and state filings and periodically monitor for market changes. Analyze and compare product offerings and provide related guidance on Program development and expansion opportunities.
* Provide support and corresponding organizational control to the manuscript endorsement request/development process. In addition to any product drafting/review efforts required, provide regulatory guidance on acceptability and maintain manuscript forms library and inventory/tracking sheet in shared environment.
* Participate in coordination meetings with other business units and support areas of AIG to ensure that the administration, state filing and system implementation activities of AIG Programs are in sync with the rest of the organization.
* Maintain a library of finalized product for reference.
* Develop and maintain SOPs to reflect various aspects of the product filing and implementation processes..
What you'll need to succeed
* 7+ years of relevant experience in insurance industry.
* Experience in Commercial Lines property/casualty insurance products.
* Experience in ISO Commercial Lines products, package policy structure, admitted and non-admitted products, and Programs business.
* Bachelor's degree and insurance designations (CPCU, AU, ARM, etc.) preferred, will consider applicable insurance experience in lieu of degree.
* Proficiency in Microsoft Office applications - Word, Excel, PowerPoint, etc.
* Strong research skills, including use of AM Best State Filings, RateFilings.com, SERFF, etc.
* Effective oral and written communication skills.
* Excellent organizational and project management skills.
Ready to step up to new challenges? We would love to hear from you.
For positions based in Jersey City, NJ the base salary range is $99,000-$143,000. For positions based in NYC, the base salary range is $105,000-$148,000. The position is eligible for a bonus in accordance with the terms of the applicable incentive plan. A summary of benefits can be viewed here: 2024 Benefits Overview .
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Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of belonging
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to ...@aig.com.
AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: POSTER FINAL_3-9-16.pdf
Functional Area:
DT - Data, UW - Underwriting
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
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