Senior Product Developer – Wordings

Job Description

• Own the creation, maintenance, and enhancement of CFC's specialist commercial insurance products across all lines of business
• Support Underwriting and Claims teams with product-related enquiries
• Lead requirements-gathering discussions for wording projects and recommend practical solutions
• Draft product-related documents of all levels of complexity
• Incorporate underwriter, customer, and broker needs into product development projects
• Provide technical drafting support and guidance on complex coverage scenarios
• Maintain version control and records management for product documents
• Respond to product enquiries within prescribed timeframes and follow time-tracking processes
• Manage development and delivery of new product initiatives and version upgrades from concept through release
• Collaborate with systems development teams on system integration
• Manage stakeholder communications regarding product initiative progress and releases
• Apply FCA Consumer Duty considerations and best practices to product development and technical wording discussions

Requirements

• Extensive expertise and experience developing insurance product wordings
• Wordings experience in an equivalent role, or contracts/product development experience from claims, Fintech, or law
• Working knowledge of insurance product requirements
• Strong understanding and experience developing commercial or personal lines insurance products
• Subject matter expertise in CFC's comprehensive product suite
• Solutions-oriented approach to dissecting complex issues and presenting practical solutions
• Ability to map complex coverage processes and establish underwriting intent
• Ability to articulate drafting rationale with reference to product development principles
• Outstanding accuracy and attention to detail
• Ability to accurately draft policy wordings, endorsements, and ancillary documents of all complexity levels
• Stakeholder management skills
• Strong communication, time-management, and organizational abilities

Benefits

• Passionate, collaborative work environment
• Culture that encourages challenging existing processes
• Inclusive workplace welcoming all viewpoints
• Fun work environment
• Respectful treatment of colleagues