Sr. Analyst, Product Underwriting Rules

Travelers • Hartford, CT

2d

About The Position

The Product Operations Underwriting Rules team collaborates with business units across commercial insurance on all variables associated with policy refer/decline rules to achieve risk, financial, and strategic objectives at the national and the state/province level. The responsibilities of the team include leveraging and maintaining business-controlled rule engine/technologies, designing and implementing rule structures, updating product UW rules, ensuring adherence of UW practices to defined requirements, and resolving issues that may arise. As a Sr Analyst, Product UW Rules you will support the comprehensive examinations of business UW Rule requirements and changes through working knowledge of current industry trends and techniques, and you may assist in mentoring less experienced members of the team. You will also verify alignment and coherence among various requirements within a project to maintain the integrity and reliability of product UW rules.

Requirements

• Bachelor’s degree in computer science or a related field, or equivalent combination of education and work experience.
• Two or more years of programming, development, product, or rating experience.

Nice To Haves

• Bachelor's degree in a related field.
• Three or more years of basic programming, development, product, underwriting, or product rules experience.
• Understanding of personal or commercial property casualty insurance products.
• Effective verbal and written communication skills to collaborate with and influence business partners.
• Strong critical thinking and analysis skills to address UW Rules challenges and develop solutions.
• Strong organization and time management skills to prioritize workload and ensure timely completion of assignments.
• Strong ability to lead opportunities for improvement, drive positive change within the team, and contribute creative ideas or solutions.

Responsibilities

• Support the comprehensive examinations of business requirements and rule structure changes through working knowledge of current industry trends and techniques
• Verify alignment and coherence among various requirements within a project to maintain the integrity and reliability of product UW Rules.
• Conduct thorough analysis and contribute to UW Rules requirements and related documentation to ensure alignment with strategic objectives and regulatory standards.
• Design and implement structure changes to new and existing products and support the building and quality of UW Rules.
• Determine testing scope, perform unit testing, and validate modifications to adhere to best practices and business unit filing and regulatory requirements.
• Triage and resolve issues that arise during subsequent testing phases.
• Ensure optimal functionality and accuracy of product UW rules, and recommend enhancements and efficiencies to other business owned UW Rules technologies.
• Develop effective relationships with business partners such as Product Underwriting and Market subject matter experts to provide insightful consultation on the development of UW Rules requirements.
• Identify the root cause of UW Rule discrepancies and perform analysis to rectify the issue.
• 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: Mid Level
• Number of Employees: 5,001-10,000 employees