Underwriting Solutions
Compliance & Product Services Senior Analyst
Underwriting Solutions, Jersey City, New Jersey, United States, 07390
Company DescriptionWe help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.
Job DescriptionAs a Compliance & Product Services team member you will participate in the technical development of new and revised insurance programs in response to the changing business environment for various lines of business.
Your focus will be on customer satisfaction, product quality, relevance and timeliness.
To accomplish these goals, you will need to:
Draft policy language and develop manual rules that guide insurers in issuing and rating policies, and also develop related information, including filings and announcements to customers.
Review laws, regulations and case law for impact on ISO products and insurer procedures.
Develop policy language and rules for major program updates that provide valuable insurance enhancements to products used by the entire insurance industry.
Review state laws and requirements and make revisions to ensure program updates are compliant and relevant in each state.
Leverage insurance expertise and researching skills to provide timely, thoughtful responses to insurer inquiries over a wide range of insurance topics.
Develop and present items to panels of insurers on emerging trends and potential revisions.
Collaborate with all stakeholders including Product Development, Law Department, Government Relations, Actuarial, etc., inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners.
Work in conjunction with the Product Development team to research and review new products, consider impact on other products, and collaborate with others in bringing products to market.
Qualifications
Bachelor's degree or equivalent experience.
At least two years P&C insurance experience with product development, claims, underwriting and/or submitting filings with insurance regulators. Experience involving analyzing and development of forms, rules, and/or rating preferred.
Excellent verbal and written communication skills and attention to detail.
Strong organization, research and analytic skills.
Ability to both work independently and collaborate in a team environment.
Knowledge of ISO commercial auto or personal auto insurance lines procedures is a plus.
CPCU exam study or completion is a plus.
Additional InformationFor over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.
At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.
We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.
Verisk Analytics is an equal opportunity employer.
All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.
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Job DescriptionAs a Compliance & Product Services team member you will participate in the technical development of new and revised insurance programs in response to the changing business environment for various lines of business.
Your focus will be on customer satisfaction, product quality, relevance and timeliness.
To accomplish these goals, you will need to:
Draft policy language and develop manual rules that guide insurers in issuing and rating policies, and also develop related information, including filings and announcements to customers.
Review laws, regulations and case law for impact on ISO products and insurer procedures.
Develop policy language and rules for major program updates that provide valuable insurance enhancements to products used by the entire insurance industry.
Review state laws and requirements and make revisions to ensure program updates are compliant and relevant in each state.
Leverage insurance expertise and researching skills to provide timely, thoughtful responses to insurer inquiries over a wide range of insurance topics.
Develop and present items to panels of insurers on emerging trends and potential revisions.
Collaborate with all stakeholders including Product Development, Law Department, Government Relations, Actuarial, etc., inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners.
Work in conjunction with the Product Development team to research and review new products, consider impact on other products, and collaborate with others in bringing products to market.
Qualifications
Bachelor's degree or equivalent experience.
At least two years P&C insurance experience with product development, claims, underwriting and/or submitting filings with insurance regulators. Experience involving analyzing and development of forms, rules, and/or rating preferred.
Excellent verbal and written communication skills and attention to detail.
Strong organization, research and analytic skills.
Ability to both work independently and collaborate in a team environment.
Knowledge of ISO commercial auto or personal auto insurance lines procedures is a plus.
CPCU exam study or completion is a plus.
Additional InformationFor over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.
At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.
We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.
Verisk Analytics is an equal opportunity employer.
All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.
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