Axis - Princeton, NJ
posted 2 months ago
This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking, and superior risk-adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined, and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. In the role of Product Analyst, you will work closely with AXIS Accident & Health (A&H) underwriters to design, develop, revise, or edit and maintain policy form language to ensure policy terms accurately reflect underwriting intent and are compliant with state regulations. You will assist business units in ongoing efforts to ensure product forms are issued pursuant to approved filings and stay competitive. The successful candidate must demonstrate an intimate working knowledge of Accident & Health insurance form requirements as well as leisure Travel, Employer Stop Loss, and Pet insurance. This position requires a strong sense of individual responsibility, critical thinking, and attention to detail. Your responsibilities will include effectively and efficiently drafting policy forms to facilitate business objectives within established timelines, assisting in the Product Development process for new products, product re-writes, and endorsements from end-to-end, including drafting language for new products and product enhancements, analyzing and developing expertise of state-specific language requirements, and working with A&H compliance/legal, underwriting, actuarial, claims, and operations staff to ensure product drafts and amendments meet internal and state requirements. You will also create and maintain product issue instructions for proper issuance of MGU forms for approved products, conduct research and provide competitive analysis on accident & health products and policy form language, assist in the review of product proposal output and marketing materials, and maintain the forms library. Additionally, you will assist in the delivery of products for filing submissions, review, respond, and negotiate approval of form objections from state insurance departments during the filing submission process, and lead and manage projects related to form development and implementation. Tracking and reporting on the status of form-related projects will also be part of your role.