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Product Development Specialist

Company: Assurant
Location: Schaumburg
Posted on: July 16, 2021

Job Description:

The Product Development Specialist is responsible for developing standard requests for automotive, power sports and recreational vehicle insurance related products that are sold to an end-consumer by a manufacturer, retailer, financial institution and affinity group or directly to an end-consumer to drive growth and attract consumer sales.

Under regular supervision, the Product Development Analyst develops products and related materials for requests received.

Responsibilities:

  • Research 

  • Developing and analyzing competitive comparisons 

  • Creating product design alternatives

  • Creating new product concepts 

  • Developing customer agreements and collateral materials

  • Initiating Department of Insurance filings 

  • Initiating Lending Institution filings 

  • Developing product specifications 

  • Managing third party vendor relationships

  • Managing printed material inventory

Basic qualifications:

  • Bachelor’s Degree – preferred in Insurance, Finance, Business Administration, Marketing, Mathematics

  • 2 years experience in an office setting.


Other requirements:

  • Intermediate in MS Office Applications (Excel, Word, PowerPoint, Outlook, SharePoint)

  • Basic product knowledge

  • Ability to delegate simple tasks to other members of the team.

  • Dedicated and driven professional with a track record of recent accomplishments.

  • A high degree of motivation and a self-starting attitude with a desire to thrive on new challenges and to take on additional responsibility.

  • Ability to work in a fast paced, entrepreneurial and challenging work environment.

  • Ability to prioritize own work to meet tight deadlines with high sense of urgency.

  • Comfortable in multiple-project environment.

  • Inquisitive nature and ability to seek out information.

  • Demonstrate competent analytical skills.

  • Demonstrates competent verbal/written communication and interpersonal skills.

  • Strong organizational skills

Preferred qualifications:

  • 2 years experience in product development.

  • Fluency in a foreign language (Spanish).

Less than 5% travel.

Work from home days possible

Keywords: Assurant, Schaumburg , Product Development Specialist, Other , Schaumburg, Illinois

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