The Senior Commercial Product Development Analyst will lead in identifying, designing, building, and rolling out insurance products, in multiple states, that deliver the company’s vision and strategy. This position will be working with cross-functional teams in a dynamic and fast-paced environment with a focus on Commercial Lines.
Duties and Responsibilities
Review and identify quality programs that exist in the Personal and Commercial lines markets. Compare them for competitiveness.
Identify and fill product gaps and generate new ideas that grow market share.
Develop manuals and forms for filing as required by state. Make filings using SERFF/IFile and shepherd through process.
Work with management and actuaries on interrogatories and assist with rate filings.
Work closely with teams to deliver with quick time-to-market.
Drive product launches including working with marketing team, executives, and underwriting and customer service team members.
Regularly research applicable state laws, bulletins, and statutes to review and amend forms for legislative compliance.
Maintain professional relationships and communication with external vendors and legislators.
Maintain insurance rates and premium calculations.
Identify and fill product gaps and generate new ideas that grow market share
Participate in business process management efforts to collect and analyze metrics and continually improve processes.
Participate in root cause analysis to recommend product or service enhancements or other appropriate actions to improve productivity for both the business units and third-party software vendors.
Complete ad hoc analytical projects as assigned which may include statistical reporting or agency management requests.
Other tasks and projects, as assigned.
Essential Functions
Ability to clearly communicate verbally and in writing
Ability to think critically, observe data, draw conclusions, and assess risk
Ability to use various computer systems
Ability to perform mathematical calculations
Ability to generate and effectively communicate new ideas and products
Ability to maintain organizational file structures
Qualifications
Minimum of 5-7 years’ experience in the P&C insurance industry with a focus on Commercial Lines
Proficient knowledge of ISO Commercial Lines manuals and rating algorithms
Proficient knowledge of ISO forms and coverages
Proficient knowledge of property and casualty insurance required
Previous experience working with state Departments of Insurance strongly preferred
CPCU or other insurance designations strongly preferred
Proficiency in program development and product filing in multiples states for both Personal and Commercial Lines
Excellent written and verbal communication, detailed analytical skills, facilitation, and negotiation skills
Strong problem-solving skills, data & business process modeling, and ability to work effectively with cross-functional teams
Strong knowledge of Microsoft Word and Adobe Acrobat
Strong system organizational skills
Safepoint MGA, LLC does not offer immigration sponsorship or support for this role. This includes serving as the immigration employer of record or providing documentation or assistance for work authorization processes now or in the future, including H-1B, OPT, STEM OPT, CPT, J-1, etc.
Physical Requirements and Working Conditions While performing the duties of this job, the employee is regularly required to communicate technical ideas to a non-technical audience. The employee is regularly required to talk or hear. The employee frequently is required to sit for extended periods; stand; walk; use hands and fingers to handle or feel; and reach with hands and arms. Work is performed in an office environment and requires the ability to operate standard office equipment, such as computers, keyboards, phones, copiers, and filing cabinets.
Compensation and Benefits We recognize that talented professionals are attracted to companies that provide a great place to work, combined with a comprehensive and competitive pay and benefits package, along with opportunities for personal growth and job advancement. For this reason we are pleased to provide:
Market Competitive Wages
Prof. Development and Educational Assistance Programs
Safe Harbor 401K Plan with Immediate Vesting and an Automatic Company Contribution
Paid Time-Off (Discretionary, PTO, Parental Leave, and others)
Company Paid Holidays
Health Insurance
Dental Insurance
Vison Insurance
Short and Long Term Disability Insurance
Flexible Spending Accounts with Company Contribution
Health Savings Accounts with Company Contribution
Employee Life and AD&D Insurance
Dependent Life and AD&D Insurance
Company paid AAA Membership
Company paid Identity Theft Protection
Other Ancillary Insurance Benefit Programs
And more…
Safepoint Insurance is an equal employment opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, sexual orientation, national origin, citizenship, age or disability. We assure you that your opportunity for employment with Safepoint depends solely on your qualifications.