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Sr. Product Development Specialist, Management Liability

Sr. Product Development Specialist, Management Liability

MarkelRichmond, VA, US
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Senior Product Development Specialist

What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it.

The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The Senior Product Development Specialist is responsible for form development of new or revised insurance products and programs, drafting related insurance documents and researching coverage forms for the Markel US Insurance Division.

What you'll be doing :

  • Develop Management Liability policy forms, including D&O, EPL, and Fiduciary Liability, for new and revised coverages that clearly convey underwriting intent, demonstrate market competitiveness, and incorporate supportable language for the successful resolution of claims.
  • Identify and confirm compliance with applicable regulations.
  • Prepare applicable documentation to assist department members on accurate and timely submission of product filings and State Department of Insurance requests.
  • Assist, mentor, coach and proactively share knowledge in area of expertise with other PRS associates.
  • Foster and encourage strong relationships with internal stakeholders.
  • Participate in special projects as requested.

What we're looking for :

  • Minimum 3 years of experience in the development of Management Liability insurance coverage forms required.
  • Ability to conceptualize and create insurance forms and endorsements.
  • Ability to interpret state laws and regulations as applicable to the insurance policy life cycle.
  • Proven analytical and problem solving skills.
  • Detail-oriented with strong interpersonal ability.
  • Project management experience preferred.
  • Technically proficient in all standard business software applications including Excel and Word.
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

    Pay information : The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The salary for the position is $78,000 to $107,250 with a 15% bonus potential.

    Who we are : Markel Group (NYSE MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We're all about people | We win together | We strive for better. We enjoy the everyday | We think further.

    What's in it for you : In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work. We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life. All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

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    Sr Product Specialist • Richmond, VA, US

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