Product Development Expert - Cyber

• Develop, implement, and modify products (Line of Business specific or cross-line), standard wordings and coordinate product-specific organisational matters of LoB with PCs, Regions etc
• Ensure global knowledge sharing with regard to special products/enhancements, specific UW knowledge for LoB Products
• Develop, define North American Product and Services Strategy in accordance with the underwriting strategy as defined by the Regional LoB Head as supported by the Global LoB Head
• Represent CUO LoB internally and externally to customers, brokers, service providers, the industry, and other organisations
• Identify litigation trends, coverage trends, market developments incl. market potentials and clients
• Monitor new (legal) developments, coordinate and steer regional / country issues (e.g. liability and insurance law development)
• Make suggestions for UW authorities for special products to Head of Cyber and Head of Financial Lines
• Enhance and refine underwriting of products during the introduction period (including claims monitoring, sales support and portfolio monitoring)

• 5-7 Demonstrable track record of product development
• 5-7 Experience of working internationally with strong ability for cross border adaption
• Comprehensive technical knowledge of LoB products, coverages, underwriting practices, pricing processes and sales distribution channels
• Risk Assessment and Management: ability to assess risk exposures and hazards relevant to Cyber, Tech and Media E&O
• Portfolio Management: assist the Regional Head of Cyber to analyze trends and scenario plans with respect to Product
• Contract Drafting and Interpretation: design, develop and implement consistent, robust wordings
• Pricing: analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance in product wordings including specific terms and conditions
• Bachelor’s Degree, preferably degree in Law, or comparable discipline
• Preferably completion of professional insurance qualification (e.g. CII)
• Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is preferred

Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making

• Hybrid working model
• Great compensation and benefits package
• Generous bonus scheme and pension
• Career development and digital learning programs
• International career mobility
• Support for flexible working
• Health and wellbeing (including private healthcare and generous parental leave benefits)
• Opportunities to be engaged in shaping a future that is safe, inclusive and sustainable