Line of Business Analyst/ Sr. Line Of Business Analyst (Hybrid)

About the Role

Key Responsibilities

• Partner with Product Development Specialists to support ISO, Selective proprietary, and AAIS rates, rules, and forms, ensuring a consistent business process and tools for product development.
• Consult with managers and recommend actions regarding circulars, bulletins, and system ramifications, including requirements needed to adopt circulars.
• Develop proficient knowledge of products and coverages by analyzing forms, applications, guidelines, and underwriting requirements.
• Collaborate with the team to understand coverage applications by analyzing claims activity and underwriting practices.
• Analyze and interpret underwriting information, highlight trends, and make recommendations to improve product offerings and underwriting guidelines.
• Identify product trends or needs through market and competitive research, defining opportunities, and presenting product and pricing recommendations.
• Monitor and report on profit and loss for the assigned line of business, providing analysis for rate reviews and supporting profitability initiatives.
• Support governance of existing rates, rules, and forms, including oversight of delays or non-adoption of ISO and AAIS circulars.
• Manage all corporate governance and compliance issues related to the line of business, including handling underwriting referrals and ensuring regulatory compliance.
• Assist in analyzing manuscript endorsements for acceptability, develop alternative solutions, and ensure clarity, accuracy, and compliance with state regulations.
• Participate in supporting predictive model efforts and assist with creation and delivery of training materials for agents and regional personnel.
• Participate in Large Loss Review and Quality Assurance Reviews as necessary.
• Provide exceptional customer service to agents, regional personnel, Product Development staff, SBUs, and other stakeholders.

Requirements

• Highly proficient written and verbal communication skills.
• Possesses underwriting skills and broad knowledge of company products and underwriting guidelines.
• Ability to solve problems and make sound decisions.
• Ability to multi-task and manage workflows to meet and exceed production and service expectations.
• Ability to develop relationships with internal and external customers and peers.
• Ability to adapt to change and support strategic company initiatives.
• Proficiency in using desktop tools, including automated underwriting and email systems.
• Technical knowledge of ISO and AAIS systems.
• Ability to research and analyze coverage, understand pricing methodology, rating structure, and underwriting for exposures.
• College degree preferred.
• 3-5 years of experience in Underwriting, Claims, Loss Control, or related insurance fields.
• Preferred experience includes 2+ years in specific business segments, Risk Management, Reinsurance, Field Underwriting, or agency experience.

Nice to Have

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

Qualifications

• College degree preferred.
• 3-5 years of relevant insurance-related 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.