Senior Specialist, Product Development

Berkley • Scottsdale, AZ

1d • Hybrid

About The Position

Nautilus Insurance is seeking a Senior Specialist, Product Development, to join their team. This role is a technical role within product development to help drive the development of guidelines, new/updated products, forms, and maintain the health of the lines. Nautilus Insurance Group is an elite Excess and Surplus Lines market with over 35 years of experience offering commercial property and casualty insurance solutions. They specialize in small to medium Property and Casualty risks on both an admitted and non-admitted basis, distributed through partnerships with wholesale surplus lines producers. Their offerings are backed by Nautilus Insurance Company and Great Divide Insurance Company, both A.M. Best (Superior) A+ XV rated members of W. R. Berkley Corporation.

Requirements

• Bachelor’s Degree required.
• 5-10 years of Commercial Property & Casualty insurance experience in an underwriting capacity required.
• Experience navigating ISO and other regulatory service organizations.
• Intermediate experience with Microsoft suite of products (Word, Excel, Outlook).
• Ability to multi-task and adapt to a fast-paced environment.
• Excellent oral and written communication skills.

Nice To Haves

• AIS, ASLI, AU or CPCU are preferred.
• 3 years of Commercial Lines Excess & Surplus experience preferred.

Responsibilities

• Execute on tactical and strategic changes at the direction of the Line of Business leader to achieve operational plan objectives.
• Collects, documents, and analyzes data from a variety of sources to assist in the evaluation of new products, programs, initiatives, and market opportunities to drive production and profitability goals. This includes, but is not limited to: policy language, underwriting guidelines, and pricing. It also includes the support of projects including research development, testing and rollout, as needed.
• Assist with the development of forms for all three lines of business understanding the need to carve out the coverages, build coverage enhancements, and protect our portfolio.
• Facilitate guideline change requests at the direction of the line of business leader to respond to market changes, profitability concerns, or judicial changes.
• Supports the Product Development team in prioritizing projects and initiatives to ensure the organization’s strategic and operational goals are met.
• Research, create and implement new or enhanced products, initiatives and market opportunities including form development, underwriting guidelines and pricing.
• Maintains professional relationships with internal and external customers.
• Act as a subject matter expert within the department to identify and provide training opportunities, provide business requirements to IT developers, and QA newly implemented product initiatives or projects.
• Collaborate with other departments, including but not limited to: Production Underwriting, Marketing, Actuarial, Strategic Operations & Solutions, and IT, to ensure successful implementation and communication of new initiatives and guideline changes.
• Assists in monitoring product line performance, including production, profitability, and auditing to ensure risk quality and help identify opportunities for growth.
• Maintains working knowledge of all Commercial Lines products and programs, risk appetite and underwriting philosophy.
• Additional responsibilities as requested by Product Innovation Leadership.

Benefits

• Paid Parental Leave (Childbirth Recovery Leave and Primary Caregiver Leave, up to 12 weeks paid)
• Medical coverage options
• Dental coverage options
• Vision coverage options
• Flexible Spending Accounts (FSA)
• Health Savings Accounts (HSA)
• 401(k) program
• Profit sharing
• Stock purchase plan
• Life insurance
• Travel accident insurance
• One paid day off per year to volunteer
• Tuition Assistance
• Industry-Related Education and Exam programs
• Cell phone service discounts with Verizon and AT&T
• Plum Benefits program (travel and entertainment discounts)
• Flexible work arrangements
• On site newly renovated fitness center (free to use)
• Yoga and other classes available for a nominal fee

What This Job Offers

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