Compliance & Product Services Analyst

Job Description

As a Compliance & Product Services property 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, including commercial property, businessowners, capital assets, farm, equipment breakdown, homeowners, dwelling property. 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 inquires 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.