Deputy Product Development - Environmental Liability

Deputy Product Development – Environmental Liability We are looking for a Deputy Product Development – Environmental Liability in either New York or Chicago. Responsibilities Develop, implement and modify products (Line of Business specific or cross‑line) and standard wordings, coordinating Liability product‑specific organizational matters with PCs, Regions, etc. Ensure global knowledge sharing with regard to special products/enhancements and specific underwriting knowledge for Liability Products. Develop and define North American Product Strategy in accordance with the underwriting strategy as defined by the Regional Liability Head and supported by the Global Liability Head. Represent CUO Liability internally and externally to customers, brokers, the industry, and other organizations. Drive involvement of functional areas (e.g., other LoB teams, Claims, Legal and Distribution). Actively support Liability‑specific projects and task forces. Provide support for special products. Identify litigation trends, coverage trends, and market developments including market potentials and clients. Monitor new legal developments, coordinate and steer regional/country issues (e.g., liability and insurance law development). Make suggestions for Underwriting authorities for special products to Head of Liability and sub‑LoB heads. Enhance and refine underwriting of products during the introduction period (including claims monitoring, sales support and portfolio monitoring). Qualifications Significant experience in drafting policy wording for environmental products. Demonstrable product development track record. Ability to develop, implement and communicate strategies to address important trends or changes in the business. Comprehensive technical knowledge of environmental products and coverages. Assist the Regional Head of Liability to analyze trends and scenario plans with respect to the Product. Design, develop and implement consistent, robust contract wordings. Ability to assess risk inherent exposures and hazards relevant to Liability. Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance in product wordings including specific terms and conditions. Ability to analyze highly complex contracts and underwriting principles, identifying and resolving issues before they transpire. Ability to develop a framework from product genesis to completion while communicating with key stakeholders. Ability to develop and meet Key Performance Indicators for Product Development in connection with portfolio. Excellent verbal and writing communication skills with an ability to build and foster relationships internally across the organization. Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision‑making is highly beneficial. Bachelor’s degree required; JD preferred. Compensation The annualized base pay range for this role is $150,000 – $220,000. The base salary range represents a nationwide market range and may be above the scale depending on scope, complexity, location, skills, education, training, credentials and experience of the candidate. The base pay is one component of the total compensation package. Employees are also eligible for annual performance‑based cash incentive awards. Work Authorization External applicants must be legally authorized to work in the United States without the need for current or future employment‑based sponsorship. The company is unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship. EEO Statement We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. Disability Accommodation We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email View email address on click.appcast.io. #J-18808-Ljbffr Allianz Commercial