Selective Insurance · 1 day ago
Commercial (Property) Line of Business Analyst/ Sr Commercial (Property) Line of Business Analyst (Hybrid)
Short Hills, NJ
Full-time
Hybrid
Mid, Senior Level
$84K/yr - $163K/yr
5+ years expSelective Insurance is a midsized U.S. domestic property and casualty insurance company recognized for its strong financial performance. The role of Commercial (Property) Line of Business Analyst/Sr Commercial (Property) Line of Business Analyst involves supporting profitability initiatives, managing rates and compliance for the property line of business, and collaborating with product development specialists to ensure effective governance of insurance products.
FinanceFinancial ServicesInsurance
Responsibilities
Partners with the Product Development Specialists to support their responsibility for Insurance Services Office (ISO), Selective proprietary, American Association of Insurance Services (AAIS) rates, rules and forms
Ensures a consistent business process and tools for product development as respects intake, tracking, review, materiality and decisions in terms of ISO, AAIS and independent property rating bureau circulars and bulletins. Recommends actions outlining pros and cons when considering options with regard to ISO, AAIS and independent property rating bureau. Determine requirements needed to adopt circulars and reviews system ramifications of the circular/bulletins. Collaborates with the Product Development Specialist regarding decisions, requirements and ramifications to Selective proprietary forms
Maintains ownership of the profit & loss for assigned line of business. Provides analysis for state and countrywide rate reviews as well as to aid regional partners in region and state level efforts at profitability improvement and profitable production by providing recommendations and support to drive the activity required
Supports Product Development Specialists efforts to maintain inventory and accountability for governance of existing rates, rules and forms. Includes oversight of delay/non-adopt ISO, AAIS, and independent property rating bureau circulars
Manages line of business assigned for all corporate governance and compliance issues
Receives and handles underwriting referrals from the field and/or corporate underwriting, utilizing underwriting expertise to advise the most appropriate solution or course of action in a timely manner. Includes supporting the Product Development Specialist’s, analysis of existing manuscript endorsements, determination of acceptability based on clarity, accuracy, and compliance with each state’s regulations, development of alternative solutions using filed forms, or provide alternative language that is compliant, clear, and concise
Actively participates in supporting predictive model efforts relative to given line of business
Assists with the creation and delivery of educational materials and training programs for agents, regional personnel and corporate underwriting to ensure thorough understanding of underwriting guidelines, issues and controls
Participate in the Large Loss Review process and Quality Assurance Reviews as necessary. Drafting analysis, insight and takeaways or action plans
Provides exceptional customer service to agents, regional personnel, Product Development staff, corporate underwriting and other stakeholders as identified
Qualification
Required
Highly proficient written and verbal communication skills
Possesses strong technical underwriting skills and broad knowledge of company products and underwriting guidelines
Ability to solve problems and make sound decisions based on diverse perspectives and effective use of data in a timely manner, even when faced with imperfect information
Effectively manages and executes on the appropriate balance between strategic thinking and attention to detail
Ability to effectively coach and mentor
Highly effective ability to develop relationships with internal and external customers/peers
Fosters teamwork, collaboration and a positive work environment
Acts as an early adopter and champion of new initiatives that align with organizational strategies
Highly proficient in use of all supplied desktop tools, including the automated underwriting and email systems
Strong working knowledge of ISO, AAIS or independent property rating bureau circulars and bulletins
Ability to research and analyze coverage and large spreadsheet/data sets
Demonstrated ability to manage projects
5+ years Commercial Underwriting experience
Preferred
College degree preferred
3+ years specific line of business experience
3+ years Risk Management and/or reinsurance experience
3+ years Field Underwriting; and/or
3+ years agency experience
Benefits
Comprehensive health care plans
Retirement savings plan with company match
Discounted Employee Stock Purchase Program
Tuition assistance and reimbursement programs
20 days of paid time off
Company
Selective Insurance
At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected.
1001-5000 employees
H1B Sponsorship
Selective Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (45)
2024 (32)
2023 (43)
2022 (30)
2021 (29)
2020 (25)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-02-25Post Ipo Debt· $400M
1978-01-13IPO
Leadership Team
John Marchioni
President and CEO
Patrick S. Brennan
Chief Financial Officer
Recent News
2025-12-09
2025-11-11
Company data provided by crunchbase