Senior Product Development Analyst

Michigan Farm Bureau Family of CompaniesLansing, MI
396d

About The Position

The Senior Product Development Analyst is responsible for conducting product research, analysis, and design specifically for property/casualty (P/C) lines of business. This role involves composing and interpreting contract language, preparing documentation, and developing rules for manual pages and filings with the Michigan Department of Insurance and Financial Services (DIFS). The analyst will also serve as a subject matter expert on corporate plan projects.

Requirements

  • Bachelor's degree with a major in insurance, business, economics, or related field of study required, or equivalent experience may be considered.
  • Four years' experience in property/casualty insurance business with focus on underwriting, claims, product development, or other comparable experience required.
  • Experience with Microsoft Office products required.
  • Commitment to insurance continuing education programs required.

Nice To Haves

  • Strong writing skills in English grammar and language required.
  • Designation in CPCU or similar insurance designations preferred.

Responsibilities

  • Comply with regulatory requirements through the research and development of product language for applicable documents on assigned product lines.
  • Train and mentor less experienced product analysts.
  • Monitor and evaluate competition on assigned product lines.
  • Assist in training representatives from underwriting, claims, and marketing when new products are introduced to Farm Bureau agents.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • 401K
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