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Zurich 56 Company Ltd

Liability Insurance Product Designer (Insurance Policy Form Drafter)

Zurich 56 Company Ltd, Oregon, Illinois, United States, 61061


Liability Insurance Product Designer (Insurance Policy Form Drafter)

Zurich Canada is hiring a Liability Product Designer to join our team! This role will be located in the Toronto location; however, we are open to remote work for the right candidate located anywhere within Canada.

You will provide specialized expertise in insurance wording development, transactional support, and project leadership for Large Liability, Programs, and Middle Market Underwriters, with the objective of efficiently and successfully creating innovative insurance products.You will also operate autonomously and with minimal supervision, serving as a Subject Matter Expert to facilitate the achievement of business objectives and the delivery of superior customer service, while effectively managing and mitigating legal and regulatory risks.Job Accountabilities - Key Accountabilities

Product Development and Enhancement:Collaborate with various teams to define specifications and efficiently build new products or enhance existing ones.Review competitors' offerings and pricing for better positioning. Stay updated on industry and product line trends.Support change management, organizational design improvements, and development of IT product specifications.Develop and follow process flows to enhance customer experience and efficiency.Maintain and promote strategic internal partnerships.Advise Business Units and Underwriters on coverage requests, drafting language for transactions, and securing approval for policy terms and conditions.Ensure consistent coverage approaches by adhering to established philosophies.Technical and Strategic Contributions:Lead projects of moderate to high complexity, ensuring timely and effective completion.Help develop underwriting guidelines, best practices, and controls.Conduct legal research related to contract drafting.Develop training materials on critical policy provisions and new products.Participate in reviews to assess forms usage and underwriting quality.Structure and update endorsements, maintaining a comprehensive library.Job Qualifications

Required:Bachelors Degree and 8 or more years of experience in the Product Development areaORHigh School Diploma or Equivalent and 10 or more years of experience in the Product Development areaANDProperty and Casualty insurance experience in three or more major lines of businessUnderwriting and/or Claims experiencePreferred:8-10 years of experience in the Product Development areaFCIP / CRMAbility to develop collaborative relationshipsStrong verbal and written communication skillsStrong project management and time management skillsStrong problem solving and analytical skillsJuris Doctor (JD) / Bachelor of Laws (LLB)Our Culture

At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.We care about our employees’ well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year.We also understand that employees require time off for personal reasons. Zurich employees receive four personal days per year to be used at their discretion.We are committed to continuous improvement, and offer access to a comprehensive range of training and development opportunities.We care about our communities. Our communities are where our customers, people, and shareholders live and work.About Us:

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years.As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here.

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