AIG Hiring for Product Development Director at Boston, Massachusetts Full Time

The Product Development Director position is responsible for the day-to-day management of the Product Development Department to include development of AIG Programs’ products (rates/rules/forms), monitoring updates to Bureau products leveraged by the Division (e.g. ISO, AAIS), and product implementation for Divisional products on both AIG Programs’ systems and on the systems used/maintained by Program Administrators. Specific responsibilities include:

• Coordinate new product development and/or existing product enhancement idea generation, including participating in new Program opportunity assessment meetings, existing Program Stewardship meetings and internal meetings with other AIG Divisions/business units to leverage and/or adapt products being utilized by other parts of the organization.

• Proactively identify product/Program enhancements to help improve Program penetration, competitive market position and profitability. Communicate these enhancement initiatives to Programs Senior Management, Product Line Officers and Production Staff. Work with Program Administrators to identify and deliver product development initiatives.

• Develop and incorporate branding of Program products and drive brand recognition initiatives to enhance competitive position of Program Administrator product offerings. Partner with AIG Marketing area to develop branding/marketing collateral and with Program Administrators and Production Staff to develop/implement launch strategies for Divisional and Program-specific products.

• Engage and integrate Product Line Officers, Claims, Legal, Actuarial and other AIG Division’s product staff on emerging product rating and coverage form issues/challenges for internal discussion and strategies for resolution.

• Manage the Product Development staff in their daily workloads and help to prioritize tasks, projects and related initiatives to maximize resources, ensure the proper product development/filing sequence and achieve target deliverable dates. Foster open and frequent proactive communication between the Product Development Department and its customers/stakeholders.

• Manage the intra-departmental relationships, dependencies and coordination necessary with Production Staff, Product Line Officers, Legal, Actuarial, Operations, Information Technology and AIG State Filings to achieve desired results and manage deliverable expectations.

• Create and/or enhance the operational framework, documented procedures/SOPs and corresponding controls to improve process and staff efficiency inclusive of maintaining a comprehensive State Filings Procedural Manual and realistic Service Level Agreements (SLAs). Constantly seek speed-to-market improvements to help the Division maintain its competitive market standing.

• Facilitate finalized product implementation in AIG managed systems and provide coverage form and business logic/attachment specifications for desired system output/behavior. Perform related high-level business-testing and approval of Product Development initiated system implementation requests.

• Manage the communication and implementation of product approvals in Program Administrator managed systems. Oversee the uploading of approved product materials to Program Administrator Website.

• Manage the maintenance processes required to organize and retain all pertinent product/filing information in a centralized repository accessible to staff within and outside of the Division.

What we’re looking for:

• Experience:

• 10+ years of relevant experience in commercial property/casualty insurance

• Working knowledge of ISO Commercial Lines products and package policy structure

• Bachelor’s degree preferred, will consider insurance designations in lieu of degree (CPCU, AU, ARM, etc)

• Proficiency in Microsoft Office applications – Word, Excel, PowerPoint, etc

• Strong research skills using AM Best State Filings, RateFilings.com, SERFF, etc

• Effective oral and written communication skills

• Excellent organizational and project management skills

• Team player

  It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

  At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

  To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion

  AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected] . Reasonable accommodations will be determined on a case-by-case basis.

In order to work from or visit an AIG office, and in accordance with the terms and conditions of AIG’s COVID-19 vaccination policy, individuals hired into this position will be required to attest that they have been fully vaccinated and agree to have their vaccination status and proof of vaccination confidentially stored by AIG. Exemptions may be considered on a case by case basis.

Functional Area:

UW – Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

Lexington Insurance Company

We’re a leading global insurance organization with operations in approximately 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units.

What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.

We’re also committed to doing the right thing for our people and the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team – like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Join our Talent Network (http://www.aig.com/careers/life-at-aig/join-the-talent-network) . Additional information about AIG can be found at www.aig.com | YouTube (http://www.youtube.com/aig) | Twitter (https://twitter.com/AIGinsurance) | LinkedIn (http://www.linkedin.com/company/aig) . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.