Forms & Product Analyst

Warrior Insurance Network; Chicago (IL); Hybrid; USD 70,000 - 80,000; Full time

Benefits offered by this job

Hybrid Remote/In-Office Opportunities

Medical and Dental

401k with generous company match

Paid Time Off and Holidays

Tuition Reimbursement

Wellness Program

Job summary

Warrior Insurance Network is seeking a Forms & Product Analyst in Chicago to support the Product & Actuarial Analysis Department. You will design, develop and launch policy forms, collaborating across teams to implement new product initiatives and revisions for existing products.

Responsibilities include maintaining the forms repository, researching forms and endorsements, and preparing filings for state regulators.

Qualifications

• Bachelor's degree is required.
• Experience with P&C insurance is preferred but not required.
• Strong verbal and written communication skills are essential.
• Proficiency in MS Word and Excel is expected.

Responsibilities

• Plan, implement, manage, and contribute to projects up to moderate complexity.
• Research, develop, and maintain coverage forms, endorsements, and manuals.
• Review releases for regulatory or market impact and take appropriate action.
• Maintain the forms repository and support form filings with regulators.
• Perform basic market analysis and provide market observations.
• Collaborate with departments to create forms for new products.
• Assist in form filings and responses to objections with state regulators.
• Serve as subject matter expert on enhancements and form filings.

Skills

Verbal communication

Written communication

Attention to detail

Adaptability

Problem solving

Time management

Independent work

Education

Bachelor's degree

Tools

Microsoft Word

Microsoft Excel

Job description

The Product & Actuarial Analysis Department designs, develops and launches new products and product enhancements that drive profitable growth, improve product efficiencies, and delivers return on investment through our distribution channels.

As a Forms & Product Analyst, you will provide support to the Product team by collaborating in cross-functional teams that design, develop, and implement new product initiatives and revisions to existing products. In relation to product development and revision collaboration, the individual in this position will be primarily responsible for creating and maintaining policy forms.

Duties & Responsibilities

• Plan, implement, manage, and/or contribute to projects up to a moderate complexity
• Research, develop, and maintain coverage forms, endorsements, and manuals needed to support existing products
• Review daily releases regarding changes to regulations and market alerts for potential impact to our products and initiate steps towards ensuring we take appropriate action
• Contribute to and maintain department forms repository
• Conduct research, perform basic market analysis and provide observations on target markets
• Analyze competitor product features and contract languages
• Work with various departments to create and develop forms upon introducing new products
• Within department, assist in the creation of form and rule filings for submission to the departments of insurance to satisfy state regulatory requirements as well as creating objection responses for any subsequent objections
• Serve as the subject matter expert for internal questions that arise regarding assigned enhancements and form filings
• Work with IT to implement system changes and enhancements and verify changes were implemented correctly
• Participate in evaluation of internal/external processes and procedures
• Build strong relationships among team members, ensuring cooperation on project objectives
• Responsible for special as hoc projects, analysis, and reporting
• Report to the Associate Forms & Product Manager

Analyst will be involved with a wide variety of insurance products which may include Non-Standard Auto, Standard/Preferred Auto, Commercial Auto, Public Transportation, and Artisan General Liability.

Qualifications Required

• Bachelor's degree
• Previous P&C Insurance experience is preferred, but not required
• Excellent verbal and written communication skills
• Proficiency in Microsoft Word and Excel
• Strong attention to detail
• Ability to adapt to different or changing situations, requirements, or priorities
• Competent at proactively identifying and taking action to address present and future obstacles, issues, and opportunities
• Excellent quantitative, organizational, project management, decision making, problem-solving, and time management skills
• Ability to work independently, execute quickly, and drive results
• Must be able to work in U.S. without sponsorship

Benefits

• Competitive Salaries
• Flexible Work Schedules
• Hybrid Remote/In-Office Opportunities Available
• Commitment to your Training & Development
• Medical and Dental
• Telemedicine Benefit
• 401k with a generous company match
• Paid Time Off and Paid Holidays
• Tuition Reimbursement Training Programs
• Wellness Program
• Fun company sponsored events
• And so much more!

Estimated Compensation Range: $70,000 - $80,000

• Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location.

Job Posted by ApplicantPro