Sr. Product Development Specialist, Management Liability

Markel • Richmond, VA

95d • $78,000 - $107,250

About The Position

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. 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.

Requirements

• 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.

Responsibilities

• 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.

Benefits

• Competitive health, dental and vision insurance plan options.
• Optional life, disability, and AD&D insurance.
• 401(k) with employer match contributions.
• Employee Stock Purchase Plan.
• PTO, corporate holidays and floating holidays.
• Parental leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees