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Jobs at Frank Cowan Company

Product Development Specialist

Location: Cambridge, Ontario, Canada

Department: Underwriting

Type: Full Time

Min. Experience: Experienced

Proud of our past, excited about the future.

Be part of the change. We’re entering into an exciting time here at Frank Cowan Company. If you like to roll up your sleeves and be part of something new, now is the time to join our organization. We’ve got momentum, a positive attitude and a bright future.  You can make a difference. Welcome to Frank Cowan Company.

We are currently hiring for a Product Development Specialist in our Cambridge or Princeton office.

Job Summary: The successful candidate will be responsible for the research, development, identification and evaluation of new products, product enhancement initiatives.  Evaluation of profitability potential.  Development and/or evaluation of applications, coverage, processes and underwriting guidelines. Responsibility for technical underwriting support. This individual will act as a technical product resource and communication lead with our partners.


  • Minimum 15 years of multi-line commercial underwriting experience 
  • Minimum education: Bachelor’s degree
  • CIP, CPCU, RPLU or other industry designation would be an asset
  • Ability to actively participate in the product development process to help evaluate new products and opportunities 
  • Understanding both current and future business needs, actively manage the development and implementation of new products determined to meet the necessary criteria 
  • Ensure accuracy and efficiency of products and forms implementations
  • Ability to evaluate and revise policy wording and endorsements in collaboration with underwriting units to further improve the quality and clarity of coverage.
  • Ability to take initiative and work independently or in a small team environment effectively
  • Talent for training of underwriters
  • Deal with the daily challenges presented by the diverse product needs of our clients and aggressive marketing timeframes
  • Experience creating rating plans and templates
  • Reinsurance experience an asset
  • Strong technical underwriting knowledge. Commercial lines insurance background, including knowledge of primary and excess liability insurance products and coverage, including different coverage triggers, familiarity with claims made and occurrence forms 


About Frank Cowan Company

Frank Cowan Company is a leader in providing specialized insurance programs, including risk management and claims services for municipalities and public service, healthcare, education, community, children’s and social service organizations across Canada.

Proven industry knowledge, gained through over 85 years of partnering with insurance companies and independent brokers, gives Frank Cowan Company the ability to effectively manage the necessary risk, advisory and claims services for both standard and complex issues.

Frank Cowan Company’s head office is located in Princeton, Ontario with a branch office in Cambridge, Ontario.  Clients and broker partners receive support out of both locations. 


We invite interested candidates submit their resume and salary expectations in confidence to human.resources@princetonholdings.com.

While we appreciate the interest of all applicants, we will contact only those selected for interviews.

If you are an applicant with disabilities and require accommodations, please let us know at the time of our contact so that we may arrange for their provision. 

We are an Equal Opportunity Employer. Employee candidates will be selected strictly on the basis of an individual's technical qualifications, knowledge and experience, as they relate to the requirements of a particular position. Selections will be made without regard to: race, ancestry, place of origin, colour, ethnic origin, citizenship, creed (religion), sex, sexual orientation, handicaps (physical or mental), age, marital status, family status, or the receipt of public assistance or record of offences.


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