About the position
Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We’re an innovative organization that’s small enough to be agile and big enough to make a difference in our industry. Our collaborative workplace is continuously evolving to ensure all employees feel comfortable bringing their whole selves to work, confident that they will be treated respectfully, recognized for their performance and provided with equal opportunities to succeed. At Argo, skill meets opportunity. If you’re wired to raise your hand and ask, 'Where can I help?', you’ll thrive with us. We are looking for an Insurance Product Development Regulatory Compliance Analyst to support our Underwriting Business Units through the management, maintenance, and development of insurance forms/endorsements. The role will work onsite (5 days per week) at one of our office locations: Omaha, NE, San Antonio, TX, Chicago, IL, New York City, NY, Richmond, VA, or Los Angeles, CA.
Responsibilities
- Write and revise contractual forms/endorsements and manage/maintain the company’s portfolio of forms for a variety of commercial insurance lines in support of Underwriting Business Unit initiatives.
- Collaborate with Underwriting Business Units to create enhancements and revisions to their products.
- Maintain the Company’s forms library regarding 'state of the art' criteria, and in consideration of market needs, regulatory changes, case law, and in compliance with insurance laws in all 50 states and the District of Columbia (admitted lines of business).
- Analyze ISO Circular information and create revisions to forms when needed.
- Collaborate with Underwriting Business Units to write usage rules for forms, and for use in rule manuals.
- Evaluate and analyze new insurance products and arrange for implementation/integration into the Company’s forms portfolios and Rate/Quote/Bind processes.
- Function as Project Manager for major product revision/implementation actions, including coordination of activities for Underwriting, Regulatory Compliance, Actuarial, Implementation Team, Claims, Marketing, and Operations.
- Other duties as assigned.
Requirements
- College degree and/or equivalent work experience.
- Insurance educational studies such as IIA and CPCU.
- Demonstrable experience in previous product development with a minimum of 2 years commercial property and casualty (Standard, Specialty, and Excess & Surplus Lines) insurance product development experience preferred.
- Very strong written and verbal communication skills; detail orientation; problem-solving skills, project management; knowledge of regulatory/compliance functions.
- Experience with ISO Commercial Lines Manuals; ISO Circular analysis; knowledge of ISO, NCCI, and AAIS web resources.
- Knowledge of contracts and legal basis of insurance.
- Proficient in the use of Word, Excel, PowerPoint, and Outlook.
- Knowledge of underwriting issues concerning Property & Casualty lines.
Benefits
- Competitive compensation and merit driven profit sharing.
- Flex time and floating holidays.
- Comprehensive health, wellness, and financial planning options including dental, disability, life insurance, medical, and vision insurance.
- Matching 401(k) retirement savings.
- Generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays and a paid voluntary day).
- Paid caregiver and parental leave, paid bereavement, jury duty/court appearances, and military (up to 14 days) leave.
- Employee assistance program (EAP) and an array of voluntary benefits.
- Continuous learning and professional development through Argo Academy.
- An inclusive culture that develops and sponsors diverse teams.
- Active community outreach and volunteer programs.
- Generous Employee Referral program.
