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Verisk · 6 hours ago

Senior Insurance Product Development Analyst (Personal Property)

Jersey City, NJ

Full-time

Hybrid

Mid, Senior Level

2+ years exp

Verisk is a leading data analytics and technology partner to the global insurance industry. As a Senior Analyst in the Insurance Product Development team, you will shape the technical evolution of insurance programs, ensuring products remain relevant and compliant while collaborating with various stakeholders.

AnalyticsFinancial ServicesHealth CareInformation ServicesInsurancePublic RelationsRisk Management

Responsibilities

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

Qualification

P&C insurance experienceInsurance product developmentFilingsInsurance regulatorsISO Homeowners proceduresCPCU certificationResearch skillsAnalytical abilitiesCommunication skillsOrganizational abilitiesTeam collaborationCustomer experience focus