Compliance & Product Services Analyst (P&C Insurance)

Insurance Services Office - Jersey City, NJ

Full-time - Mid Level

Jersey City, NJ

5,001-10,000 employees

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About the position

The Compliance & Product Services Analyst will be a key member of the property team, focusing on the technical development of new and revised insurance programs in response to the evolving business landscape. This role emphasizes customer satisfaction, product quality, and timely delivery of insurance solutions across various lines of business, including commercial property and homeowners insurance.

Responsibilities

• Draft policy language and develop manual rules for insurers in issuing and rating policies.
• Review laws, regulations, and case law for impact on ISO products and insurer procedures.
• Develop policy language and rules for major program updates to enhance insurance products.
• Review state laws and requirements to ensure compliance and relevance in each state.
• Provide timely responses to insurer inquiries on a wide range of insurance topics.
• Develop and present items to panels of insurers on emerging trends and potential revisions.
• Collaborate with stakeholders including Product Development, Law Department, and Government Relations.

Requirements

• Bachelor's degree or equivalent experience.
• At least two years of P&C insurance experience in product development, claims, underwriting, or submitting filings with insurance regulators.
• Experience in analyzing and developing forms, rules, and/or rating is preferred.
• Excellent verbal and written communication skills with attention to detail.
• Strong organization, research, and analytic skills.
• Ability to work independently and collaboratively in a team environment.
• Knowledge of ISO commercial property or homeowners insurance lines procedures is a plus.
• CPCU exam study or completion is a plus.

Nice-to-haves

• Knowledge of ISO commercial property or homeowners insurance lines procedures is a plus.
• CPCU exam study or completion is a plus.

Benefits

• Flexible work options including hybrid work arrangements.
• Support for professional development and training opportunities.