About this role
The Products team plays a central role in developing and maintaining CFC’s insurance product offerings. The team’s core mission is to ensure that customers are placed at the forefront when drafting product language. We engage with stakeholders across the business to create, develop and upgrade our innovative and market first product lines. Within the dynamic and ever-changing world of product development, each day comes with a new intriguing challenge, and to continue supporting the growth of CFC and the product portfolio, we are looking for a Senior Product Developer to join the team. We are looking for someone that has extensive expertise and experience with the development of insurance product wordings. Having impeccable technical drafting abilities and the experience to effectively lead and drive product development discussions with Underwriting teams are critical for this role. As a Senior Product Developer you will take ownership of creating, maintaining and enhancing CFC's specialist commercial insurance products across all lines of business, whilst providing an excellent support service to the Underwriting and Claims teams on product related enquiries. Lead discussions to gather requirements for wordings projects and recommend practical solutions that are aligned with CFC’s drafting conventions and product development principles. Draft all product related documents of all levels of complexity. Understand underwriter requirements from a product offering, customer and broker relationship standpoint and incorporate these into product development projects so that the final product output is representative of meeting these needs. Provide support and assistance to technical drafting queries from other team members, and guidance on how to draft language to meet requirement of complex coverage scenarios. Maintain intricate version control and records management for all product documents. Ensure that product enquiries are responded to within the prescribed timeframe and that time tracking processes are appropriately followed. Process management of the development and delivery of new product initiatives and product version upgrades from initial concept to final release within the prescribed timeframe. Work with the systems development team to achieve successful system integration of new product initiatives and product version upgrades. Relationship managing the communication between the Products team and Underwriting teams and other key stakeholders throughout the business in respect of the progress and release of new product initiatives and product version upgrades. Apply practical considerations towards the FCA Consumer Duty into the product development process, taking into consideration best practices on how these are to be incorporated as part of technical wording discussions with underwriters.