Product Development Manager - Personal Lines Insurance
Woodland Hills, Ca, Us
Ensured product compliance with State and Federal statutes/regulations. Developed new contractual products based upon national and market specific analysis implemented to increase market share, maximize profitability, and control expense. Interacted with the Department of Insurance in states of operation to obtain approval and resolve objections regarding newly created products and product enhancements, through state specific analysis and utilization of applicable case law. Ultimate ownership of quality and customer service level for all Contractual and Non Contractual forms. Completed complex analysis of multiple policies, drawing from extensive claims experience, to create contractual endorsements and ensure compliance with regulatory/statutory changes, while mitigating risk exposure. Analyzed claims data and competitive intelligence to identify emerging perils. Created, implemented and communicated Catastrophe Mitigation plans. Ensured quality communication occurred between Product Development, Product Management, Underwriting, Claims and the Agency force. Developed project metrics, and communicated with Senior Leadership. Coached, mentored and developed an effective team, fostering communication, overall industry and coverage interpretation skills, and self development.Key Achievements:Integrated the Contractual and Non Contractual forms departments to streamline process and gain efficiency.Successfully led team through implementation of over 1500 Contractual/Non Contractual forms during 2010. Analyzed and determined company direction for more than 300 new laws and regulations during 2010.