Product Compliance Dev Analyst II

Argo Group International Holdings Ltd. • Albany, NY

62d

About The Position

PURPOSE OF THE JOB: Responsible for the development and regulatory compliance of the products offered by American National as well as ensuring procedural compliance for such products.

Requirements

• Bachelor's degree in a related field, or higher, or equivalent work experience.
• Five years of experience in property, casualty, life, or annuity insurance or related industry experience.
• Five years of experience with product development in insurance or a related industry.

Nice To Haves

• P&C: CPCU or ARC designation preferred; Life: LOMA 5-6 Exams, AIRC or ALMI designation preferred.

Responsibilities

• Develops and writes policy coverage forms and endorsements for new product development or product changes, ensuring compliance with state regulations while meeting business objectives and providing competitive differences in the marketplace.
• Provides regulatory guidance and recommendations on new product development and product changes to Product Managers, line of business representatives and/or strategy team members, and coordinate the development and implementation with Product Managers, Project Managers, Underwriting Operations, and Regulatory Compliance Analysts.
• Researches state requirements for new product offerings and proposed product changes, and develop any state-specific forms, rules or notices, and coordinate any changes in procedures.
• Writes specifications for Corporate Technology Services for changes needed to production systems for new or updated products.
• Coordinates with Underwriting Services and Corporate Technology Services personnel on quick resolution of production problems to reduce financial or coverage impact to policyholders and/or the Company.
• Analyzes, research and responds to policy language/coverage questions from Product Managers, Underwriting, Underwriting Operations, Claims and Legal.
• Coordinates and/or participate in meetings regarding the design and scope of new product development and product changes. Develops communications to agency field force explaining changes to forms and rules as well as any new product offerings.
• Analyzes specific claim situations to identify improvements in policy language to improve loss experience.

Benefits

• We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program-including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Number of Employees: 11-50 employees