At a Glance
- Tasks: Join a multicultural team to develop and implement innovative insurance products.
- Company: Dynamic global company focused on specialty insurance lines.
- Benefits: Personal and professional development, international mobility, and work-life balance programs.
- Other info: Embrace challenges and grow your career in a supportive, diverse workplace.
- Why this job: Make an impact in a fast-paced environment with cutting-edge technology and global reach.
- Qualifications: 3+ years in policy creation or underwriting; strong communication skills required.
The predicted salary is between 50000 - 60000 £ per year.
As a Product Expert (m/f/d) you will be an active part of a multicultural and high-performing team that drives the Line of Business “Specialty Lines”. Reporting to the Head of Product for Specialty Lines, and working closely with the other Product Experts, you will support the development and implementation of our Insurance and Service Products in an international context (35 Business Units globally) with a focus on the UK. Our main products include Mobile Devices and Appliances Insurance, Automotive Warranty and Digital Risks Insurance.
What you will do
- Developing Terms & Conditions for Global Products: product description, conditions, definitions.
- Adapting Terms & Conditions to local or global multi-country deals (individual policies, group policies, CLIPs etc.).
- Steering the localization of Terms & Conditions of harmonised Master Global Product in local languages supported by Global Legal department.
- Analysing new business opportunities and product deviations submitted, making recommendations and taking decisions fitting with the Lob strategy.
- Maintaining all necessary databases and reports to track and store product activities and deviations.
- Working closely with Underwriting and Product Innovation teams for new innovative risk, product or services and updating the Master Global Product roadmap.
- Leading the product harmonization and the simplification of all markets’ portfolios and new business according to the global product strategy.
- AI Readiness- Work effectively in an environment shaped by artificial intelligence (AI), machine learning, data, analytics and cloud-based tools, using insights responsibly with our standards of data governance, security and ethical use.
What you will bring
- 3+ years experience, preferably in the creation of Policy Wordings, Underwriting or Contract Management.
- University degree in business, law, economics or a related field.
- Willingness to work in an international environment on a daily basis.
- Very structured and detail-oriented way of working.
- Strong and precise communication skills and ability to work with legal experts.
- Resourcefulness and openness to challenges.
- Very good knowledge of English (min. C1).
- Good knowledge of MS Office programs (Word, Power Point, Excel).
Key benefits
Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey. We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.
UK Product Expert - LoB Specialty Lines in Croydon employer: Ultimate.ai
As a leading player in the insurance sector, we pride ourselves on fostering a dynamic and inclusive work culture that values diversity and innovation. Our commitment to employee growth is evident through our extensive development programmes and international mobility opportunities, ensuring that you can thrive both personally and professionally. Located in the UK, we prioritise your wellbeing with tailored Work Well initiatives, promoting a healthy work-life balance while you contribute to our global success in Specialty Lines.
