Description
GB RETAIL FACILITY INSURANCE PRODUCT TECHNICIAN
The Role
As a Product Technician in the GB Retail Facility team you will be responsible for:
* Supporting the Facilities Product Development Manager with drafting updates to facility products, ensuring that any changes are compatible with the facility wordings.
* Working with 360GBR wordings team to draft endorsements/cover requirements that are compatible with the facility products.
* Working with internal and external stakeholders to undertake periodic reviews of facility products to ensure that they continue to offer broad coverage.
* Undertaking competitor product analysis as part of the facility product review process.
* Drafting complex GB Retail facility property/business interruption and liability schedules for large UK and multinational clients.
* Keeping abreast of emerging issues and market developments and their potential impact on insurance products.
* Ongoing engagement with stakeholders to ensure that the facility products reflect changes in regulation and market developments.
* Ongoing engagement with insurers to ensure that the facility documentation continues to reflect their latest statutory disclosures/notices.
* Supporting the Product Development Manager with the creation and issuance of product literature and communication.
* Working with the Product Development Manager to deliver product training presentations to internal and external stakeholders as required.
* You will be the focal point for the client-facing teams in relation to technical queries on facility products.
* Looking for opportunities to optimise the growth and retention of business placed on the facility through product development.
* Supporting the GB Retail Facilities Management team with new facility proposition tender exercises when required.
Qualifications
The Requirements
* Good knowledge of property/business interruption and liability policies and can explain in detail what standard sections of these policies cover.
* Ability to draft changes to policy wordings accurately using compatible language.
* Knowledge of Motor Fleet and Group PA travel classes and Global placements - not a prerequisite but would be desirable.
* Ability to negotiate with both internal and external stakeholders.
* Ability to prioritise and manage workload and work to challenging deadlines.
* Works well in a team environment but also under own initiative.
* Minimum five years commercial insurance experience.
* DIP C.I.I. qualified or progressing towards.
* Competent in Microsoft Office products in particular Word.
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