Senior Analyst, Insurance Product Development (Personal Property)

Verisk Analytics • Jersey City, NJ

90d

About The Position

As a Senior Analyst in our Insurance Product Development team, you will play a pivotal role in shaping the technical evolution of insurance programs. Your expertise will be instrumental in responding to the dynamic needs of today's business landscape. Working across key personal lines of business, you'll ensure our products remain relevant, compliant, and of the highest quality.

Requirements

• Bachelor's degree or equivalent insurance experience.
• Minimum 2-4+ years of P&C insurance experience in product development, claims, or underwriting.
• Experience with filings and insurance regulators is essential.
• Knowledge of ISO Homeowners and Dwelling Fire procedures is advantageous.
• CPCU exam study or completion is preferred.
• Excellent communication skills, both verbal and written.
• Strong organizational, research, and analytical abilities.
• Ability to work independently and as part of a collaborative team.
• A passion for driving innovation in the insurance industry.
• A commitment to delivering exceptional customer experiences.

Responsibilities

• Draft policy language and develop manual rules that guide insurers in issuing and rating policies, and also develop related information, including filings and announcements to customers.
• Review laws, regulations and case law for impact on ISO products and insurer procedures.
• Develop policy language and rules for major program updates that provide valuable insurance enhancements to products used by the entire insurance industry.
• Review state laws and requirements and make revisions to ensure program updates are compliant and relevant in each state.
• Leverage insurance expertise and researching skills to provide timely, thoughtful responses to insurer inquiries over a wide range of insurance topics.
• Develop and present items to panels of insurers on emerging trends and potential revisions.
• Collaborate with all stakeholders including Product Development, Law Department, Government Relations, Actuarial, etc., inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners.
• Work in conjunction with the Product Development team to research and review new products, consider impact on other products, and collaborate with others in bringing products to market.

What This Job Offers

• Career Level: Senior
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree