Insurance Coverage Specialist

Oliver James Group; Stamford (CT); On-site; USD 90,000 - 120,000; Full time

Job summary

Oliver James Group seeks an Insurance Coverage Specialist to draft and maintain P&C policy forms, including ISO, admitted and surplus lines. You will tailor endorsements for primary casualty, excess liability, umbrella, professional liability, and specialty lines, aligning wording with underwriting goals.

You will collaborate with underwriting, claims, regulatory, and legal teams to produce effective wordings, mentor less experienced staff, and stay current on ISO developments and market trends

Qualifications

• College degree required; CPCU designation preferred.
• At least five years in an Insurance Coverage or policy analysis role.
• Extensive knowledge of surplus lines and admitted insurance standards.
• Strong ability to optimize policy wording and features for lines of business.
• Reinsurance contract wording experience is a plus.
• Excellent analytical and communication skills; high attention to detail.
• Ability to work independently and collaborate across departments.
• Proficient tech skills: Word, Excel, SharePoint, Outlook; AI/LLM a plus.

Responsibilities

• Provide expert advice on research, creation and maintenance of coverage language.
• Collaborate with underwriting on coverage for product development and line initiatives.
• Align coverage with profitability, growth and retention objectives.
• Identify deviations from standard forms or industry practices reflecting underwriting intent.
• Furnish wording alternatives for company use.
• Deliver guidance to underwriters, senior management and others involved in policy wording decisions.
• Mentor others on policy wording issues for underwriters.
• Keep current on policy wording developments, ISO research and competitors' forms.
• Develop specialised knowledge of P&C lines to tailor wording solutions.
• Collaborate with other specialists to improve wordings and processes.
• Prioritize and organize workloads; develop form filings with underwriting and regulatory units.

Skills

Analytical thinking

Communication skills

Attention to detail

Independent work

Cross-functional collaboration

Time management

AI / LLM awareness

Education

College degree required

CPCU designation preferred

Tools

Word

Excel

SharePoint

Outlook

Adobe

Job description

Our client, a leading P&C Insurance Carrier are seeking an Insurance Coverage Specialist to work on a broad spectrum of P&C policy forms, including bureau (mostly ISO), admitted, surplus lines, company specific and manuscript wordings. The priority is drafting commercial lines policies and endorsements - primary casualty, excess liability, umbrella, professional liability, property, first-party insurance, and speciality lines.

Insurance Coverage Specialist:

• Provides expert advice on the research, creation and maintenance of coverage language.
• Works collaboratively with the underwriting divisions on coverage's for product development, competitive analysis, line of business initiatives and emerging issues.
• Aligns coverage with profitability, growth and retention objectives of the company.
• Identifies coverage that deviates from current standard forms or common industry practices, or that does not reflect the underwriting intent.
• Furnishes constructive wording alternatives for company use.
• Delivers guidance to underwriters, senior management and others involved in policy wording decisions.
• Viewed as a mentor on policy wording issues for underwriters.

Additional Responsibilities

• Keeps current on insurance policy wording developments, ISO's research, emerging issues and competitors' forms to communicate to underwriters and senior management the importance and impact of proposed wording changes.
• Continually develops specialised knowledge of P&C lines of business to identify wording solutions for the policy structures that meet the business needs.
• Collaborates with other Insurance Coverage Specialists, Reinsurance Contracts Specialists, Underwriters, Claims, Regulatory Specialists and Legal colleagues to improve wordings.
• Prioritizes, organizes and optimizes workloads to promote cost-effective delivery and support for coverage documents.
• Develops and implements Admitted Form Filings with the underwriting divisions and regulatory unit.
• Sets challenging goals and works to meet them.
• Effectively manages time and meets deadlines.

Role Qualifications and Experience

• College degree required. CPCU designation preferred.
• Sustained track record in an Insurance Coverage Specialist, Insurance Policy Analyst, Insurance Product Analyst or similar position. Underwriters, Claims/ Legal Professionals with at least five years of coverage experience may also be considered.
• Extensive knowledge of surplus lines and admitted insurance standards, practices and principles.
• Strong knowledge of optimizing insurance policy wording and features to lines of business.
• Reinsurance contract wording experience a plus.
• Excellent analytical and communication skills.
• High attention to detail and accuracy.
• Ability to work independently and collaborate with colleagues within and across departments.
• Excellent technology skills, including Word, Adobe, Excel, SharePoint and Outlook. Use of AI or LLM a plus.
• Additional consideration may be given for being an active contributor to ISO's Panels or an insurance trade association's committees.