Product Analyst - Compliance

Acuity Insurance•,

4d•$70,000 - $100,000•Onsite

About The Position

Acuity is seeking a Product Analyst - Compliance to ensure Acuity’s products and services remain compliant with all laws, regulations and court decisions, while understanding customer expectations. This role involves working with Product Development and Product Operations teams to review various product components for compliance, monitoring changes in laws and regulations, and providing guidance to business partners. The analyst will also prepare and submit specialty filings and pursue continued professional development.

Requirements

Bachelor’s degree or extensive applicable experience.
Relevant experience in the Property/Casualty insurance industry or equivalent.
Interest in research and compliance.
Product research/analysis experience.
Demonstrated expertise in either Personal or Commercial lines property and casualty insurance products.
Strong analytical skills.
Experience with insurance department filings preferred.
Detailed knowledge of insurance forms and coverages is a plus.
Effectively prioritizes, organizes, and accomplishes tasks in a self-directed environment.
Works effectively with stakeholders, customers, and resources from varied disciplines.
Excels in verbal and written communications, interpersonal interactions, and leadership, effectively collaborating with a broad audience ranging from peers to senior executive leaders.
Displays strong capabilities in research, analysis, and critical thinking.
Detail-oriented and focused on problem-solving.
Good organizational skills and mathematical skills.
Adapts readily to changing conditions, while remaining positive and productive.
Prioritizes, organizes, and accomplishes tasks effectively in a self-directed environment with the ability to take ownership and drive objectives.
Capable of working with a variety of computer software programs including Microsoft Products, Adobe Acrobat, Dev Ops and Workfront.

Nice To Haves

Product research/analysis experience, with demonstrated expertise in either Personal or Commercial lines property and casualty insurance products.
Strong analytical skills and experience with insurance department filings preferred.
Detailed knowledge of insurance forms and coverages is a plus.

Responsibilities

Work with Product Development and Product Operations teams to review forms, endorsements, notices, rates, and rules for new and existing products to ensure compliance.
Monitor changes to laws, regulations, insurance department and industry bulletins and updated case law; analyze implications and work with Product Operations and other teams as necessary to recommend updates to products, procedures, or filings.
Actively participate in any regulatory change management process established by Regulatory Affairs to track decisions.
Reconcile compliance-related data, verify output of statistical reporting programs, and assist in preparing required submissions to statistical agents and regulators.
Serve as a point of contact for underwriters, product teams, and other business partners by providing guidance and helping address compliance questions and proactive identify compliance risks.
Prepare and submit specialty filings via SERFF.
Actively pursue continued professional development, including enriching industry knowledge, and deepening research and analytical capabilities. This includes participating in industry groups.
Highly regular and predictable attendance.
Performs other duties as assigned.