Product Analyst

Posted: Monday, 08 April 2024
Valid Thru: Wednesday, 08 May 2024
Index Requested on: 04/08/2024 19:22:45
Indexed on: 04/08/2024 19:22:45

Location: Cincinnati, OH, 45201, US

Industry: Consumer Services
Occupational Category: 13-0000.00 - Business and Financial Operations
Type of Employment: FULL_TIME

Core Specialty Insurance Services, Inc. is hiring!

Description:

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The product analyst will contribute to product development initiatives with a focus on forms oversight for Core Specialty. Responsibilities will include creating and maintaining a forms library, communicating form changes, and providing product knowledge throughout the organization. This role will initially focus on establishing and administering a consistent forms process with a bias towards accuracy, efficiency, and customer service.

Key Accountabilities/Deliverables:

  • Develop, Create and implement an effective and efficient forms review process in collaboration with the Legal & Compliance departments and Underwriting Compliance leadership.

  • Provide requirements for forms library that will ultimately store policy forms, policyholder notices, disclosures and relevant form attachment rules.

  • Build, implement and maintain the new forms library.

  • Communicate form changes to applicable departments and follow them through to completion. This will include working with business divisions, Delegated Authority, Legal, Compliance, Operations and IT.

  • Partner with IT and Operations to ensure form changes are implemented timely and accurately. Knowledge of Duck Creek is a plus.

  • Partner with and support the Underwriting Compliance team on their audit process as it relates to forms compliance.

  • Provide analysis, insight and direction on appropriate forms use.

  • Ensure proper documentation of processes and procedures for all areas of responsibility.

  • In addition to the above key responsibilities, you may be required to undertake other duties as the Company may reasonably require.

Technical Knowledge:

  • Knowledge of property & casualty insurance products.

  • Knowledge of underwriting practices including coverage forms and endorsement attachment rules.

  • Knowledge of insurance company operations.

  • Familiarity with company systems, procedures & processes.

  • Solid understanding of policy wordings and clauses.

Experience:

  • Bachelor' s degree or equivalent work experience.

  • Achieve or working towards an industry designation such as Chartered Property Casualty Underwriter (CPCU), Associate in Underwriting (AU), Associate of Risk Management (ARM), Certified Insurance Counselor (CIC), Program in General Insurance (INS) or other applicable designation.

  • 5+ years in Underwriting or Product, preferably working with property & casualty insurance products.

  • Experience working with support services, including IT, claims, actuarial and operations.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa for this position.

#LI-Hybrid

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

Responsibilities:

Please review the job description.

Educational requirements:

  • high school

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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