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American Modern Insurance Group · 2 days ago

Specialty Client Product Forms Analyst

Cincinnati Metro

Full-time

Hybrid

Mid Level

American Modern Insurance Group is a specialty insurance leader that provides products and services for residential property and the recreational market. The Product Forms Analyst will be responsible for the research, creation, and maintenance of policy forms and templates for all Specialty Client Products, collaborating with various departments to ensure compliance with state-specific requirements and regulatory changes.

InsuranceReal Estate

No H1B

Responsibilities

Consult with various departments within the organization, including Specialty Client, Actuarial, Underwriting, Legal & Compliance, and Operations to identify and build insurance product policy language; address state- specific requirements in connection with policy development

Draft complex insurance policy provisions based on product specifications; work closely with the Specialty Clients Analyst and external partners to understand the need and intent of each form

Collaborate with the Legal & Compliance Department to adopt regulatory research and analysis with respect to state requirements that apply to the policy forms

Collaborate with the Legal & Compliance Department to determine if changing laws and regulations impact policy forms; and implement any required policy-language changes in coordination with product and operational partners

Collaborate with Legal & Compliance Department to draft complex policy language, and develops strategic approaches and solutions to address complex policy-related and customer-specific issues

Partner with various departments within the organization, Underwriting, Legal & Compliance, Claims, and other internal partners as needed to address and develop strategies to resolve complex policy-related issues

Perform competitive form research using internal and external tools to support policy wording and filing objections

Responsible for all form related questions, revisions and filing objections

Review and maintain all forms and filing related form templates

Perform production form testing and Account Audit support

Ability to manage several priorities simultaneously, establish and meet deadlines, coordinate activities with other departments and perform job with a high level of accuracy and attention to detail

Possess excellent oral and written communication skills with ability to interact with all levels of management

Perform other related duties as assigned or required

Qualification

Analytical abilitiesInsurance lawsPolicy language expertiseISO knowledgeWolters Kluwer knowledgeCPCU certificationFCAS certificationProject managementCommunication skillsAttention to detail

Required

Bachelor's Degree in Insurance or similar discipline

Strong analytical abilities including understanding of coverage and policy forms

General understanding of state insurance laws, insurance policy language, product management and underwriting

Proven ability to innovate and make decision to foster and develop more advanced techniques as appropriate for the functional area

Ability to manage multiple projects and prioritize competing priorities

Basic knowledge of ISO, Wolters Kluwer, Oden, and various rate filing tools

Ability to manage several priorities simultaneously, establish and meet deadlines, coordinate activities with other departments and perform job with a high level of accuracy and attention to detail

Possess excellent oral and written communication skills with ability to interact with all levels of management