Product Line Specialist

Berkley • Naperville, IL

2d • $82,000 - $110,000

About The Position

Our Company provides a state of predictability which allows brokers and agents to act with confidence. Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.Along the way, we've been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth. The Company is an equal employment opportunity employer. Responsibilities Provides subject matter support to the product line manager role; BTS; and Regulatory. Provides effective communications with all interested parties. Supports the analysis, design, and execution of business requirements as well as other aspects of the product development life cycle including project setup; quality assurance testing; end-user documentation and internal procedural changes. Partners with BTS to provide design reviews to ensure business requirements are met. Accountable for quality assurance of system changes in collaboration with product line manager. • Works closely with the product line managers, customers, regulatory and technology teams to identify business solutions; provide rate, rule, filing support as needed.• Review and analyze insurance bureau changes and provide recommendations to the Product Line Manager and Operating Units for action by Enterprise Product Support Services (EPSS). • Develops effective relationships with our customers, and technology teams through a demonstrated high degree of knowledge, professionalism and enthusiasm working towards win-win solutions.• Supports the product line manager role by providing subject matter expertise in the policy system; QA; and regulatory filing requests.• Initiates and develops technical documents, reports and instructional manuals. • Works on complex projects where analysis of situations or data requires an in-depth evaluation of factors. • Performs User Acceptance Testing for assigned lines of business to ensure that product releases follow project specifications; Coordinates with Development teams to resolve product defects.• Conduct research on various topics and provide communication & recommendations to Product Line Manager• Other duties as assigned.

Requirements

• Minimum of 5 years insurance industry experience in either an underwriting, underwriting associate, product development, or regulatory role.
• Background or experience in system testing; automated testing experience a plus.
• Experience in ISO commercial lines products rating and policy issuance.
• Strong organizational skills and attention to detail.
• Strong analytical skills and proactive problem-solving skills.
• Excellent interpersonal skills including written and verbal communication skills to effectively deal with people in a team environment.
• Ability to work autonomously and in a fast-paced environment.
• Ability to coordinate, research, and follow through to completion all phases of a project.

Nice To Haves

• Industry Designations Preferred- CPCU, AU, ARM, etc.

Responsibilities

• Provides subject matter support to the product line manager role; BTS; and Regulatory.
• Provides effective communications with all interested parties.
• Supports the analysis, design, and execution of business requirements as well as other aspects of the product development life cycle including project setup; quality assurance testing; end-user documentation and internal procedural changes.
• Partners with BTS to provide design reviews to ensure business requirements are met.
• Accountable for quality assurance of system changes in collaboration with product line manager.
• Works closely with the product line managers, customers, regulatory and technology teams to identify business solutions; provide rate, rule, filing support as needed.
• Review and analyze insurance bureau changes and provide recommendations to the Product Line Manager and Operating Units for action by Enterprise Product Support Services (EPSS).
• Develops effective relationships with our customers, and technology teams through a demonstrated high degree of knowledge, professionalism and enthusiasm working towards win-win solutions.
• Supports the product line manager role by providing subject matter expertise in the policy system; QA; and regulatory filing requests.
• Initiates and develops technical documents, reports and instructional manuals.
• Works on complex projects where analysis of situations or data requires an in-depth evaluation of factors.
• Performs User Acceptance Testing for assigned lines of business to ensure that product releases follow project specifications; Coordinates with Development teams to resolve product defects.
• Conduct research on various topics and provide communication & recommendations to Product Line Manager
• Other duties as assigned.

Benefits

• Berkley is committed to offering comprehensive and competitive employee health benefits that help our employees stay healthy, feel secure and maintain a work/life balance.
• We offer Medical, Dental, Vision, Flexible Spending Account, Health Savings Account and a Health Reimbursement Arrangement.
• We support our employees in planning for their current and future security by offering Short & Long Term Disability, 401(k)/Profit Sharing/Employee Stock Purchase Plan, Life/Accidental Death & Dismemberment/Travel and Additional Life Insurance.
• We want our employees to live productive and fulfilling lives.
• We promote work-life balance and personal wellness by providing an Employee Assistance Program, Paid Time Off (Vacation/Sick/Holidays) and encouraging employees to participate in our groups wellness program.
• We take risk management excellence and your professional growth and ongoing development seriously by offering industry-related education and exams along with industry-related tuition assistance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level