Product Specialist
Job Summary
Commercial Enterprise Product Management is seeking a Product Specialist to manage an assigned line of business by evaluating product changes, performing competitor analysis, and collaborating with necessary business units to ensure profitability and growth. The role involves assisting in answering coverage questions, maintaining manuals, and reporting on data analysis and market trends on a quarterly basis.
Responsibilities
- Monitor, evaluate, and report on assigned line of business for profitability
- Conduct market research and competitor analysis
- Develop and introduce new or enhanced insurance products for assigned lines of business
- Collaborate with other areas on proposed bureau changes and annual rate review
- Research and develop new forms, proposed form changes, and draft manuscript endorsements when required
- Provide support and technical training to underwriters and manager/supervisors for new and existing products or forms
- Maintain agents' manuals and internal commercial enterprise reference manuals
- Provide underwriting requirements for development of on-line based rating and application submission systems
- Assist with reinsurance questions and implementation of changes due to revisions in reinsurance contracts
- Collaborate with other areas in the assessment of training needs at a team level and research and prepare technical articles and training materials
- Work with a greater degree of independence and assist or lead in other departmental projects
Qualifications
- 3 years of commercial multi-line underwriting or staff underwriting experience
- Commercial general liability and umbrella experience preferred
- Oral and Written Communication Skills
- Analytical Skills
- Knowledge of personal computers with emphasis on Microsoft Word and Excel programs
- Time Management & Organizational Skills
Preferred Experience and Skills
- Bachelor’s degree in business, insurance, or related field
- CPCU and/or CIC designations or demonstrated proficiency through applicable experience
Benefits
- Medical & Prescription Insurance
- Health Savings Account
- Dental Insurance
- Vision Insurance
- Short and Long Term Disability
- Flexible Spending Accounts
- Life and Accidental Death & Disability
- Accident and Critical Illness Insurance
- Employee Assistance Program
- 401(k) Plan with Company Match
- Pet Insurance
- Paid Time Off
- Ehanced PTO may be available for experienced candidates
- Bonus eligible based on performance
Pay
The salary range for this position is $77,204 - $96,505. The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
Benefits
- Medical & Prescription Insurance
- Health Savings Account
- Dental Insurance
- Vision Insurance
- Short and Long Term Disability
- Flexible Spending Accounts
- Life and Accidental Death & Disability
- Accident and Critical Illness Insurance
- Employee Assistance Program
- 401(k) Plan with Company Match
- Pet Insurance
- Paid Time Off
- Ehanced PTO may be available for experienced candidates
- Bonus eligible based on performance
Company Information
Recognized as a Milwaukee Journal Sentinel Top Workplace for 14 consecutive years, including three years of being honored as number one! Join us at West Bend, where we believe that our associates are our greatest asset. We hire talented individuals who are conscientious, dedicated, customer focused, and able to build lasting relationships. We create and maintain an environment where you feel a sense of belonging and appreciation. Your diversity of thought, experience, and knowledge are valued. We’re committed to fostering a welcoming culture, offering you opportunities for meaningful work and professional growth. More than a workplace, we celebrate our successes and take pride in serving our communities.