Overview:
Essential Duties and Responsibilities include the following. This is a multi-disciplinary role with responsibility for market intelligence, regulatory and/or underwriting operations and technical development and implementation.
Responsibilities:
* Develop, revise and maintain Coverage Form and Endorsement language to ensure terms accurately reflect underwriting intent and are compliant with state regulations.
* Collaborate with internal stakeholders, including Underwriting, Claims, Legal and Technology teams for speed to market.
* Stay apprised of regulatory and legal changes that may impact lines of business and policy language.
* Research questions from the field both internally and externally.
* Perform competitive analyses.
* Assist with response to DOI objections, collaborating with Underwriting as needed.
* Review system requirements with IT for programming, ensuring consistency with the approved filings.
Qualifications:
* 5+ years product development experience.
* Significant knowledge of Commercial Lines insurance products and coverage offerings.
* Familiarity with bureau forms, rates and rules.
* Ability to interpret insurance rules and regulations and apply knowledge for the highest standard of compliance.
* High level of integrity and attention to detail.
* Exceptional analytical, problem-solving and organizational skills.
* Excellent verbal and written communication skills.
* Proficiency in Microsoft Office Suite.
* Able to work independently and as part of a team in a fast-paced environment.
* Bachelor's Degree, CPCU or other related insurance course work.
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