Insurance Product Development Regulatory Compliance Analyst

About the position

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 package
• Performance-based incentives
• Comprehensive benefits program including health, dental, vision
• 401(k) with company match
• Paid time off
• Professional development opportunities