Insurance Product Development Associate - (260000SN) - Irvine, CA

VetJobs•Irvine, CA
•$64,000 - $96,000•Onsite

About The Position

The Insurance Product Development Associate supports product development and portfolio management activities for insurance programs. The role performs defined analyses, prepares reports, maintains product and project documentation, coordinates approvals, and assists with testing and implementation activities. The associate supports product performance reviews, pricing evaluations, and identification of potential product opportunities, preparing reports and summarizing findings for management. They assist with preparing, reviewing, and maintaining consumer-facing product forms and coordinate documentation and approvals with Legal, Compliance, and other stakeholders. The position maintains project schedules, action items, status reports, business requirements, and supporting documentation. It also supports testing, issue tracking, implementation, post-launch monitoring, meeting coordination, decision documentation, status communications, and tracking product and project approvals. The role performs defined reviews of product features, coverage provisions, program rules, system configurations, and business requirements to identify discrepancies and support compliance, audit, and quality-control activities.

Requirements

  • Minimum 2–4 years of related experience in product development, financial services, insurance, business analysis, pricing, reporting, or project support.
  • Experience performing data analysis, preparing reports, maintaining documentation, or supporting product and process implementation.
  • Bachelor’s degree in Marketing, Sales Management, Business, Statistics, or a related field.
  • Knowledge of product development, business analysis, or project coordination principles.
  • Ability to analyze information, identify trends, and summarize findings.
  • Ability to prepare reports and maintain accurate product and project documentation.
  • Proficiency with Microsoft Office, including Excel, PowerPoint, Word, and Outlook.
  • Ability to follow established procedures and complete assignments within defined timelines.
  • Ability to communicate effectively and coordinate with internal and external stakeholders.
  • Ability to identify discrepancies, escalate issues, and support resolution activities.

Nice To Haves

  • Experience supporting insurance or financial products.
  • Working knowledge of data-querying or reporting tools, depending on business needs.

Responsibilities

  • Perform defined financial and operational analyses to support product performance reviews, pricing evaluations, and identification of potential product opportunities.
  • Prepare reports and summarize findings for management review.
  • Assist with preparing, reviewing, and maintaining consumer-facing product forms.
  • Coordinate product-form documentation and track approvals from Legal, Compliance, and other applicable stakeholders.
  • Maintain project schedules, action items, status reports, business requirements, and supporting documentation.
  • Assist with testing, issue tracking, implementation, and post-launch monitoring activities.
  • Prepare meeting materials, coordinate meetings, document decisions, communicate status updates, and track required product and project approvals.
  • Review product features, coverage provisions, program rules, system configurations, and business requirements to identify discrepancies and support compliance, audit, and quality-control activities.
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