Commercial Lines Product Development Specialist/ Sr. Commercial Lines Product Development Specialist (Hybrid)

About the Role

Key Responsibilities

• Maintains a single point of responsibility for ISO, Selective proprietary, and AAIS rates, rules, and forms supported by the Business Analyst and Line of Business personnel's expertise.
• Maintains inventory and works with the Line of Business Manager to be accountable for governance of existing rates, rules, and forms as well as future enhancements and managing filing preparation.
• Ensures a consistent business process and tools for product development regarding proprietary rates, rules, and forms, and decisions related to ISO and AAIS circulars and bulletins.
• Conducts research and analysis for new product development and enhancements to existing products, sometimes partnering with corporate underwriting and reviewing competitors.
• Responds to Line of Business decisions on ISO and AAIS circulars (adopt, delay, or non-adopt) related to proprietary products, including creating and submitting necessary state filings.
• Collaborates with the Business Analyst and Line of Business regarding requirements.
• Manages projects for new product development and product enhancements, monitoring progress and results.
• Prioritizes product development projects with input from core stakeholders.
• Analyzes existing manuscript endorsements for clarity, accuracy, and compliance, developing alternative solutions as needed.
• Tracks endorsement usage according to established controls.
• Creates and provides educational materials and training for agents and regional personnel on new products or enhancements.
• Assesses the competitive landscape to identify opportunities for underwriting, pricing, coverage, and product penetration to enhance profitability.
• Provides exceptional customer service to agents, regional personnel, analysts, underwriting, legal, compliance, and other stakeholders.

Requirements

• Strong technical underwriting knowledge.
• Strong working knowledge of ISO and AAIS circulars and bulletins.
• Ability to research and analyze coverage.
• Ability to create draft forms and collaborate with stakeholders to complete them.
• Ability to manage projects.
• Pro-active, driven, and takes initiative.
• College degree preferred.
• 7+ years of Commercial Underwriting experience.
• 3+ years of specific business segment experience (preferred).
• 3+ years of Risk Management and/or reinsurance experience (preferred).
• 3+ years of Field Underwriting and/or agency experience (preferred).

Nice to Have

• Experience with risk management and reinsurance.
• Experience in field underwriting or agency roles.

Qualifications

• College degree (preferred).
• 7+ years of Commercial Underwriting experience.

Benefits & Perks

• Competitive base salary with incentive plan eligibility.
• Comprehensive health care plans.
• Retirement savings plan with company match.
• Discounted Employee Stock Purchase Program.
• Tuition assistance and reimbursement programs.
• Paid time off plans.