VP, Product Line Officer - Life & Health

Job Description

Chubb Benefits, is seeking a VP, Product Line Officer to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!

Business and Product Responsibilities:

• Collaborate with business units to develop new products, amendments, coverages, rating plans, and programs that comply with legal requirements and support business goals.
• Support Chubb Benefits life and health distribution channels by ensuring timely implementation of approved form/rate filings and related initiatives.
• Manage product development needs across various distribution channels, providing guidance and support as required.
• Work closely with business units and support teams to ensure products, systems, processes, and procedures meet statutory and regulatory requirements; participate in compliance audits, assist with new policy form setup, and conduct quality testing.
• Serve as the primary contact for statutory and regulatory issues, coordinating with team members, business units, Legal, Compliance, and Product Filings.
• Communicate product changes and new development initiatives to management, escalate challenges, and help develop action and remediation plans.
• Ensure the team meets established timelines for submitting filing packets to the Product Filings team for state regulator review.
• Confirm product compliance with all state requirements and complete necessary checklists prior to rate and form submission.
• Maintain form management and document control according to department procedures to track product filing history.
• Research statutory and regulatory requirements in response to information requests related to life and health product compliance.
• Conduct competitor product research and assist in developing new products, programs, and coverage endorsements.
• Provide state-specific updates and filing status to internal business partners.
• Strategize with Filings, Legal, and Compliance teams to identify regulatory changes, assess their impact, communicate to stakeholders, and ensure timely filings in accordance with state laws.
• Coordinate objection responses for rate and form filing submissions with business units.

Leadership/People Management Responsibilities:

• Leadership: Ability to motivate, inspire, and guide teams toward achieving goals.
• Communication: Clear, concise, and effective communication with team members and stakeholders.
• Conflict Resolution: Skilled in addressing and resolving interpersonal issues constructively.
• Coaching & Development: Ability to mentor, train, and develop employees for growth.
• Performance Management: Experience with setting goals, providing feedback, and conducting performance reviews.
• Delegation: Assigning tasks appropriately and empowering team members.
• Emotional Intelligence: Understanding and managing one's own and others' emotions.
• Team Building: Fostering collaboration, trust, and a positive team culture.
• Decision-Making: Making informed, timely decisions that consider team input.
• Adaptability: Adjusting management style to meet changing needs and diverse personalities.
• Organizational Skills: Managing multiple priorities, schedules, and resources efficiently.

Education, Major Skills, Knowledge, and Experience Requirements:

• Bachelor degree or equivalent industry experience in product management and regulatory issues.
• At least 10 years of experience in life and health insurance industry.
• Strong knowledge of individual and group life and health insurance products, including the product development process, regulatory procedures and interactions, and the state approval processes.
• Experience working in a product and rate filing and approval environment with explicit leadership/facilitation/coordination responsibilities and knowledge of the relationship to Underwriting, Sales, Actuarial, Legal and Compliance, IT, Marketing, Training and Claims.
• Excellent communications skills; capable of interacting effectively with Regulators and key business stakeholders.
• Demonstrated track record in effective project management, managing shifting priorities, and coordinating efforts across organizational lines.
• Strong negotiation skills with ability to influence the priorities and actions of other people and departments.
• Demonstrated adaptability and flexibility to adjust to changing business priorities.

The pay range for the role is $150,000 to $190,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

About Us

OUR BENEFITS


As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:

• Health insurance
• Dental insurance
• Tuition reimbursement
• A company-match 401(k) plan
• Disability insurance
• Life insurance
• Employee referral bonuses

ABOUT CHUBB BENEFITS


Combined Insurance Company of America (Chubb Benefits) is a leading provider of supplemental accident, health, disability, and life insurance products in the U.S. and Canada. Headquartered in Chicago with a tradition of more than 100 years of success, we are committed to making the world of supplemental insurance easy to understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by AM Best.


ABOUT CHUBB


Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.


At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.


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