Insurance Product Development Specialist
hace 1 mes
As a key member of our team at Verisk, you will play a crucial role in the development of new and revised insurance programs. Your primary focus will be on creating innovative products that meet the evolving needs of our customers.
Your responsibilities will include drafting policy language, developing manual rules, and creating related information such as filings and announcements. You will also review laws, regulations, and case law to ensure compliance and relevance across various jurisdictions.
To achieve these goals, you will need to leverage your expertise in insurance to provide timely and thoughtful responses to customer inquiries. Collaboration with stakeholders, including Product Development, Law Department, Government Relations, Actuarial, etc., is essential to driving product enhancements and market competitiveness.
You will work closely with the Product Development team to research and review new products, consider their impact on existing products, and contribute to the successful launch of new offerings.
In this role, you will be responsible for:
- Drafting policy language and developing manual rules that guide insurers in issuing and rating P/C policies
- Reviewing laws, regulations, and case law for impact on ISO products and insurer procedures
- Developing policy language and rules for major program updates that provide valuable insurance enhancements
- Reviewing state laws and requirements to ensure program updates are compliant and relevant in each jurisdiction
- Leveraging insurance expertise and researching skills to provide timely, thoughtful responses to customer inquiries
- Collaborating with stakeholders to drive product enhancements and market competitiveness
This role requires strong organizational, research, and analytical skills, as well as excellent verbal and written communication skills. A bachelor's degree or equivalent insurance experience is necessary. P&C insurance experience is a plus, and CPCU exam study or completion is desirable.
The salary range for this position is $85,000 - $110,000 per year, depending on location and experience.
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