Product Engineer

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourishes in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre-and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Position Overview:

The Product Engineer reports to the Assistant Vice President, Technical Product Manager, and plays a critical role in supporting the ever-expanding Ascot’s US based operations. As our business continues to grow, we have a need for a dedicated Product Engineer on our product implementation team. This is a cross-functional team responsible for product speed to market.  The Product Engineer plays an essential role in introducing new products and programs, configuring the systems to support those new products and programs, ensuring the system changes are delivered to specification and function as expected.  The role partners with underwriting, legal, operations, project management office, and others to accomplish goals and objectives.  The qualified candidate will have strong communication and engagement skills, demonstrated ability to deliver on time-sensitive projects, and a passion for working in a fast-paced environment. This is an in-office role with a hybrid work schedule.

Responsibilities:

• Provide application support for product and program implementation and maintenance

• Support launch of new Lines of Business leveraging policy admin platforms such as MGA Systems, Federato, Guidewire, etc., using configurations for rate, form and rules.

• Interact with vendors and other development teams to coordinate custom development, report building and general application support for policy & claim operations

• Interact with underwriting teams to understand their products and system requirements to manage those products

• Define, document and maintain business process workflows with respect to system interaction

• Debug issues identified by business users in Live or Test environments by debugging root cause and defining solution plans

• Support business operational requirements such as updating business rules, new policy form uploads, creating document tags etc.

• Liaise with Operations, Legal, Data and other teams to coordinate efforts and ensure smooth product launches. 

• Utilize best practices and stay up to date on technology and industry trends. 

• Commitment to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability

Requirements:

• A minimum of 3 years of experience in configuring and supporting IMS or similar systems for underwriting services and transactions is required
• Bachelor’s degree
• P&C / Specialty Insurance industry experience a plus
• Agile experience required
• Visio and workflow design skills is a plus
• Strong communication skills – verbal, written and presentation
• Ability to quickly adapt to new and evolving situations

***This position may be filled at a different level, depending on experience***

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include an annual cash bonus and other forms of discretionary compensation awarded by the Company. 

The annualized base pay range for this role is: $100,000 - $110,000.

Company Benefits 

The Company provides a competitive benefits package that includes the following (eligibility requirements apply): 

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more 
• Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) 
• Retirement Benefits: Contributory Savings Plan (401k)

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