Insurance Product Engineer

Insurance Product Engineer Zurich Insurance Group is a global leader in insurance, and this role specifically pertains to our Technology Delivery Center (TDC). The TDC operates as an integral part of Zurich Insurance Group, providing cutting‑edge technological solutions and support to Zurich's local and global business units. Who Are We? You’re reading about Zurich Insurance Group, but this role is in our Technology Delivery Center (TDC) located in Barcelona. We specialize in software development, data analytics, cybersecurity, and IT infrastructure to support Zurich’s strategic goals and enhance operational efficiency. What Can You Expect? At Zurich we are proud of our ability to protect complex international and domestic businesses. We have an exciting opportunity for a Product Engineer to join the Business Change & Engineering team. In this role you will develop new insurance product propositions for a multi‑year transformation program across our European Commercial Insurance markets. The Business Change & Engineering team drives business transformation through standardization, simplification and automation of business processes. As a Product Engineer you will work closely with Underwriting, Pricing, IT and the wider program team to turn strategy into scalable solutions. Key Accountabilities Product Development and Enhancement: Work collaboratively with cross‑functional teams to design, develop, test and maintain new insurance products, utilising logical mapping tools such as Xmind to model products with underwriting. Gather and assess feedback from customers and stakeholders—such as Underwriting, Sales, and Claims—to identify customer and product requirements as well as opportunities for improvement. Facilitate change management during the introduction of new products to the business, with consideration for intelligent product design and opportunities for simplification. Collaborate within the product and pricing team to prioritise, plan and execute initiatives, evaluate usability and ensure readiness for business implementation. Technical and Strategic Contributions: Develop structured product models tailored to flow business within the Lower Middle Market customer segment. Configure products using Xmind and Advanced Product Designer, with Guidewire selected as the supporting technology suite. Conduct comprehensive analyses of competitors’ products and pricing strategies to inform market positioning. Maintain current knowledge of industry trends and product lines, particularly relevant to the seven identified markets. What Makes You a Great Fit? While we’re not seeking perfection or expecting you to save the world, we believe that if you meet some of these requirements, you’ll be a fantastic fit for our team. We are waiting for you Required Bachelors Degree and 2 or more years of experience in the Product Development area OR High School Diploma or Equivalent and strong experience in the Product Development area AND Knowledge of property, casualty, and specialty insurance underwriting Familiarity with the underwriting function, including guidelines, practices, and standard controls or governance Preferred Possess 3–5 years of experience within Product Development. Demonstrate a comprehensive understanding of sales and distribution channels, including agents, brokers, facilities, MGAs, and affinity partners. Exhibit working knowledge of insurance software packages, particularly Guidewire, as well as familiarity with Xmind and Guidewire’s Advanced Product Designer Suite (APD). Ability to cultivate and maintain collaborative professional relationships. Excellent verbal and written communication skills. Proven project management and time management abilities. Strong analytical and problem‑solving capabilities. Demonstrated expertise in change management. And… What Makes Us Special? A flexible working model to support your work‑life balance. Option to work abroad up to 25 days yearly. Over 300 euros to set up your home office and additional monthly home office allowance. Wide range of internal and external trainings, including English, German and Spanish classes depending on the needs. Ticket restaurant and Health Insurance with the flexibility to exchange it for other benefits. Life and accident insurance. Collective Life retirement Plan. 2000 referral bonus if you bring other talented people like you to the company. Special banking and insurance conditions plus Exclusive Employees discounts. Functional diversity benefits. Stock options and mortgage benefits. Where Are We Located? Barcelona, Poblenou. We Are Waiting for You. Can you see yourself in this role? Don’t wait any longer Apply by sending your CV in English. If not, no worries We’ll meet again in the future. Feel free to share my contact details with anyone you think would be a great fit. At Zurich, we are an equal opportunity employer. We attract and retain the best‑qualified individuals available, regardless of race/ethnicity, religion, gender, sexual orientation, age, or disability. We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great Location(s): ES - Barcelona Schedule: Full Time #J-18808-Ljbffr