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Product Development Specialist

Employer
Assurant
Location
Chicago, Illinois
Salary
Not Specified
Closing date
May 5, 2019

View more

Category
Actuary
Job Type
Not Specified
Career Level
Not Specified

Job Details

The Product Development Specialist will support the Innovation Team through implementing system enhancements that promote efficiencies along with evaluating new products and services within the product pipeline.

At Assurant, our Product Development Analyst employee will require high energy, a positive attitude and a team player mentality in all aspects. Strong communication skills, project management, research, organizational and analytical problem-solving skills are essential.

Technical Expertise and Product Support

  • Develop quality standards, administration, and reporting standards for new products.

Market Evaluation

  • Analyze the New Product opportunities and provide a detailed report on the potential of the pipeline including, market size, key trends, identifying customer targets, competitive forces, and financial forecasts.

Product Development

  • Support the development of new products including establishing the new product or services, marketing strategy and analysis, integration and set up of operational center including the training of key operational team members, developing and tracking progress reports, and conducting market research to strengthen the efficacy of the product. This includes managing printed material inventory.

Competitive Information

  • Maintain and update database of primary and secondary competitors as well as research potential new product opportunities from competitive portfolios.

Innovation and Ideation

  • Support the ideation process by working with the team on market research and analysis, product idea brainstorm sessions, industry research, and working to create an innovative culture across the organization.

Special Projects

  • Special projects that help strengthen the core business

Basic Qualifications Required - Experience, Skills, and Knowledge

  • Bachelors Degree preferred in Insurance, Finance, Business Administration, Marketing, Mathematics
  • 1 plus years of experience in Insurance
  • 1 plus years in Product Development
  • Proficiency with Excel

Preferred Experience, Skills, and Knowledge

  • Desirable experience on Statistics
  • Ability to observe, interpret and document workflow processes
  • Ability to prioritize, organize, and work independently or as part of a project team to complete multiple tasks
  • Requires the ability to deal with ambiguity and the corresponding ability to quickly provide sound decisions and perform tasks with less than complete information
  • Ability to work with multi-functional teams including marketing, customer service, operations, and IT to introduce new products and services to market
  • Support the development of business cases for new Products and Services including financial projections, marketing forecasts, and operational delivery
  • Analytical skills
  • Experience with data modeling with Microsoft Excel, SAS or other analytical tools

Preferred Experience, Skills, and Knowledge

  • Desirable experience on Statistics


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Company

At Assurant, we protect, connect and support major consumer purchases ... like homes, cars, appliances, and phones ... in partnership with industry-leading brands.

The brands people trust ... trust Assurant.

We help our clients connect and protect over 300 million consumers around the world.

We have 125 years of experience, 14,000 employees and operate in 21 countries.

Our unwavering purpose

We protect what matters most.

Our uncompromising values

Common sense, common decency, uncommon thinking and uncommon results guide the way we support our customers and work with each other. guide the way we support our customers and work with one another.

COMMON SENSE

We seek simple, straightforward solutions that keep life running smoothly for the clients and consumers we serve.

COMMON DECENCY

We act with integrity. We treat others with respect, courtesy, and kindness. We’re honest, transparent and committed to doing the right thing.

UNCOMMON THINKING

We're never satisfied with the status quo. We seek diverse perspectives and thrive on challenge. We believe there's always a way to build upon our successes.

COMMON RESULTS

We focus on actionable solutions that deliver measurable results. We approach each challenge with a sense of urgency, striving to exceed every expectation.

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