Insurance Product Developer

Welcome to Allianz, where we are committed to protecting individuals and businesses around the globe through innovative insurance products and services. As an Insurance Product Developer, you will play a crucial role in creating, enhancing, and managing our diverse portfolio of insurance offerings. We are seeking a dynamic and driven individual with a strong background in product development, a passion for innovation, and a deep understanding of the insurance industry. If you are looking for a challenging and rewarding opportunity to shape the future of insurance products, then we want to hear from you. Join our team at Allianz and make a difference in the lives of our customers.

1. Research and analyze market trends, customer needs, and competitive landscape to identify new product opportunities.
2. Develop and maintain a deep understanding of the insurance industry, including regulations, product features, and pricing strategies.
3. Collaborate with cross-functional teams, including marketing, sales, underwriting, and actuarial, to develop and launch new insurance products.
4. Create product specifications, including coverage details, pricing, and underwriting guidelines, to ensure alignment with business objectives and customer needs.
5. Lead the design and development process for new products, including conducting feasibility studies, developing prototypes, and obtaining necessary approvals.
6. Conduct regular reviews of existing product portfolio to identify areas for improvement and implement changes to enhance product performance and profitability.
7. Monitor and analyze product performance metrics, customer feedback, and industry developments to continuously improve and evolve existing products.
8. Develop and maintain relationships with external partners, such as reinsurers and technology providers, to stay updated on industry developments and leverage their expertise in product development.
9. Ensure compliance with all regulatory requirements and internal policies throughout the product development process.
10. Communicate product updates and changes to relevant stakeholders, including senior management, sales teams, and customers.
11. Stay updated on emerging technologies and industry trends to proactively identify opportunities for innovation and product differentiation.
12. Mentor and train junior product development team members, providing guidance and support in their professional development.

According to JobzMall, the average salary range for a Insurance Product Developer in Zürich, Switzerland is between CHF 120,000 and CHF 150,000 per year. This can vary depending on the specific company, experience level, and additional skills or qualifications.

Allianz SE engages in the provision of insurance and investment advisory services. It operates its business through following segments: Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Property-Casualty segment offers motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance.