AVP, Product Development
Company: W.R. Berkley Corporation
Location: Naperville
Posted on: May 26, 2023
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Job Description:
Company DetailsBerkley Re Solutions develops insurance and
reinsurance solutions for a variety of casualty risks. Berkley Re
Solutions is a member company of W. R. Berkley Corporation rated A+
XV by A.M. Best. We provide exceptional financial security and
utilize global knowledge and expertise to offer you thoughtful
solutions. We operate locally and focus on producing industry
leading returns with and for our partner
clients.ResponsibilitiesThis role is critical in the ongoing
development of our overall portfolio and innovating to create new
product/solution offerings. Key focus will be on product lifecycle
maintenance specifically developing and implementing best
practices, underwriting appetites, guidelines, forms, forms usage,
terms and conditions, etc.* Active role in marketing for new
product lines of business.* Provide training and product assistance
for all product lines.* Participates in the identification and
development of viable new products.* Draft policies, endorsements
and state amendatory endorsements* Assist in drafting underwriting
rules, manuals and questionnaires* Assist with underwriting and
regulatory Auditing* Conduct state insurance reg. research as it
may relate to licensing, traditional and non-traditional
distribution and emerging regulations impacting in-force business*
Perform other duties as assigned.Qualifications* Minimum of ten
(10) years' Insurance experience* Excellent communication skills*
Prior experience with insurance filings and/or developing coverage
wording* Innovative Mindset* Knowledge of Microsoft Office (Word,
Excel, etc.)* Knowledge of Adobe AcrobatEducation* Four (4) year
College Degree - Degree in Accounting, Business Administration or
Risk Management preferred* JD or MBA preferred* CPCU or other
designations preferredAdditional Company DetailsThe Company is an
equal employment opportunity employer. Responsibilities This role
is critical in the ongoing development of our overall portfolio and
innovating to create new product/solution offerings. Key focus will
be on product lifecycle maintenance specifically developing and
implementing best practices, underwriting appetites, guidelines,
forms, forms usage, terms and conditions, etc. - Active role in
marketing for new product lines of business. - Provide training and
product assistance for all product lines. - Participates in the
identification and development of viable new products. - Draft
policies, endorsements and state amendatory endorsements - Assist
in drafting underwriting rules, manuals and questionnaires - Assist
with underwriting and regulatory Auditing - Conduct state insurance
reg. research as it may relate to licensing, traditional and
non-traditional distribution and emerging regulations impacting
in-force business - Perform other duties as assigned.
Keywords: W.R. Berkley Corporation, Naperville , AVP, Product Development, Other , Naperville, Illinois
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