Commercial Liability Product Developer (Hybrid)

Verisk Careers | Verisk; Jersey City (NJ); Hybrid; USD 81,000 - 90,000; Full time

Benefits offered by this job

Health Insurance

Retirement Plan

Disability benefits

Paid Time Off program

Job summary

Verisk, located in Jersey City, NJ, is seeking an Insurance Product Development Analyst focusing on general liability and related lines. You will participate in developing new and revised insurance programs, balancing customer satisfaction with product quality and timeliness.

The role requires evaluating laws, drafting policy language, and presenting trends to insurer panels, while collaborating with cross-functional teams at Verisk.

Qualifications

• Bachelor's degree preferred, or equivalent insurance experience with a minimum of at least two years P&C insurance experience involving analyzing and development of forms, rules, and/or rating preferred.
• Excellent verbal and written communication skills and attention to detail.
• Strong organization, research and analytic skills.
• Ability to both work independently and collaborate in a team environment.
• Knowledge of ISO commercial general liability insurance line procedures is a plus.
• CPCU exam study or completion is a plus.

Responsibilities

• Review state and national laws, insurance department bulletins and regulations, and case law for impact on both the current ISO products and our insurers procedures.
• Leverage insurance expertise and research skills to provide timely, thoughtful responses to insurer inquiries over a wide range of insurance topics.
• Develop policy language and manual rules that provide valuable insurance enhancements and guide insurers in issuing and rating policies.
• Learn to develop and present items to panels of insurers on emerging trends.
• Through collaboration with others, identify potential revisions and solutions to bring product revisions to market.
• Collaborate with stakeholders across Verisk including the Law Department, Government Relations and Actuarial, inviting perspectives, contributions, and partnerships within the team, the unit, the company, our customers and business partners.

Skills

Communication skills

Analytical thinking

Team collaboration

Independent work

Education

Bachelor's degree or equivalent insurance experience

Tools

ISO GL procedures knowledge

CPCU exam study or completion

Job description

Verisk, located in Jersey City, NJ, is seeking an Insurance Product Development Analyst focusing on general liability and related lines. You will participate in developing new and revised insurance programs, balancing customer satisfaction with product quality and timeliness.

The role requires evaluating laws, drafting policy language, and presenting trends to insurer panels, while collaborating with cross-functional teams at Verisk.