Product Services Manager

About the role

Provide support to the Policy Filings Department by assisting with the development and filing of new insurance products and maintaining compliance for our existing product portfolio.
Assist Sales and Marketing by providing advice and input on product configuration in order to gain product regulatory approval and minimize compliance and financial risk to the company.
Monitor regulatory developments and implement product changes necessary to maintain product compliance for Chubb Benefit’s existing core products portfolio.

Responsibilities

• With the assistance of Legal, Actuarial, Product Development and Marketing, draft and file new products, product amendments and regulatory changes.
• Analyze state insurance department regulations, rate, rule and form circulars/bulletins in order to determine and implement appropriate changes on behalf of Combined.
• Distribute regulatory communications to other business departments advising them of compliance changes.
• Ensure that all products maintain compliance with all regulatory requirements.
• Provide technical assistance and support to other Combined departments in order to maintain product compliance.
• Timely product filings submitted to the Product filings team for SERFF submission to state insurance departments.
• Maintain form management and document control in accordance with department procedures to track history with respect to product filings.
• Ensure an effective level of collaboration and communication with Actuarial, Product Development, Legal, Claims, the Business Units, other department analysts, and any other stakeholders to secure the information necessary to complete a filing or respond to insurance department objections and inquiries concerning SERFF filings.
• Respond to requests for information relating to group and individual life and health product compliance requirements (including employer and non-employer groups).
• Research statutory and regulatory requirements and create research charts (with product analysts and/or Counsel, as appropriate, prior to release of the information).
• Research products for competitor information and assist with the developing of new products/programs and coverage endorsements.
• Aid other Chubb Benefits Departments, as needed, in the implementation of new products.
• Communicate specific updates and filing status with internal business partners.
• Develop inter-office memos to company personnel detailing highlights of approved rate/rule and form filings.
• Affix new policy forms on company systems and perform quality testing.
• Maintain an aggressive schedule for product submissions and approval.
• Aid Marketing to ensure product advertising or marketing material complies with approved filings.
• Participation in industry trade committees and associations.

Requirements

A Bachelors Degree or 7 years compliance experience.
Strong management relationship skills with team focus.
Spanish fluency a plus.
Industry certifications highly preferred.

Qualifications

The pay range for the role is $ 69,000 to $ 101,000. The specific offer will depend on an applicant’s skills and other factors.

Benefits

Chubb offers a comprehensive benefits package, more details on which can be found on our careers website .
The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:

• Health insurance
• Dental insurance
• Tuition reimbursement
• A company-match 401(k) plan
• Disability insurance
• Life insurance
• Employee referral bonuses

About Chubb Benefits

Combined Insurance Company of America (Chubb Benefits) is a leading provider of supplemental accident, health, disability, and life insurance products in the U.S. and Canada. Headquartered in Chicago with a tradition of more than 100 years of success, we are committed to making the world of supplemental insurance easy to understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by AM Best.

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.