Sr. Analyst Coverage & Forms - Personal Insurance

Travelers • Hartford, CT

10d • $77,600 - $128,000

About The Position

The Coverage & Forms team plays a critical role in the strategy, development, maintenance, and compliance of insurance products that are offered to customers and agents. As a Sr Analyst, Coverage & Forms, you will play a direct role in the revision and enhancements of policy coverage forms and contracts, coverage rules and customer notifications. In this role, you will assist with development of insurance product, coverage, and form strategies.

Requirements

• Bachelor's Degree or equivalent combination of education and experience.
• Two years of relevant experience with understanding and knowledge of insurance products.

Nice To Haves

• Three years of insurance forms/product development, claims, or legal experience.
• Strong knowledge and understanding of insurance products, systems, contracts, forms, coverage, compliance, regulatory environment, and insurance financials.
• Excellent written and verbal communication skills.
• Strong organizational and time management skills with the ability to handle shifting priorities.

Responsibilities

• Assist with development of insurance product and coverage strategies and product development initiatives in conjunction with business and product teams.
• May create and conduct formal presentations for leadership.
• Create and revise policy and non-policy forms with minimal assistance. Create filing documentation and assist with responses to Department of Insurance questions.
• Validate and confirm form changes meet state regulation and statutes using compliance tools and other resources.
• Present and seek input from key stakeholders to gain agreement and approvals of forms.
• Conduct basic competitor coverage analysis to assist with coverage and forms strategies and create side-by-side coverage comparisons for filing documentations and other purposes.
• Conduct impact analysis, share with other Product teams, execute changes, and may consult on development and use of forms in accordance with countrywide initiatives and/or to comply with state laws and regulations.
• Adhere to policy and non-policy form workflow processes and controls, ensures form changes align with requirements and state filings. Utilize forms development and testing/validation tools.
• Perform form responsibilities with strong understanding of the rate, quote, issuance, and publishing systems to facilitate the development of policy and non-policy forms. Assist with implementation of form changes in systems.
• Develop communication, documentation, training, and marketing materials to communicate coverage and forms information. May assist with training presentations.
• Perform other duties as assigned.

Benefits

• Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

What This Job Offers

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