Senior Commercial Product Development Analyst

Safepoint MGA, LLC • Tampa, FL

4d • Onsite

About The Position

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.

Requirements

• 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
• 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
• 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

Nice To Haves

• Previous experience working with state Departments of Insurance strongly preferred
• CPCU or other insurance designations strongly preferred

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.
• 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.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed