Product Compliance Analyst

Carolina Casualty (a Berkley Company); North Carolina; On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Health

Dental

Vision

Life

Disability

Wellness

Paid Time Off

401(k)

Profit-Sharing

Job summary

Carolina Casualty, part of W. R. Berkley Corporation, is seeking a Product Compliance Analyst in North Carolina.

The role collaborates with Actuarial, Underwriting, Marketing, and Claims to develop forms, manuals, and communications for competitive coverage products. The position requires a Bachelor's degree and 4+ years in property casualty or commercial lines, with strong communication and organizational skills.

Qualifications

• Bachelor's degree required in related field.
• 4+ years of experience in Property Casualty or Commercial Lines.
• Strong written and verbal communication skills.
• Ability to organize and prioritize workload.

Responsibilities

• Create and enhance the company's product including forms, manuals, member policy package, and form implementation to stay competitive.
• Draft and prepare filings; respond to DOI and OIR for approvals through to completion.
• Conduct competitive research of primary competitors for opportunities to improve.
• Interpret insurance forms, statutes, rules and regulations; develop conclusions and recommendations.
• Analyze existing forms and manuals on a regular schedule for effectiveness.
• Research external sources to provide updated competitive analysis including rates and coverage information.
• Summarize market trends to assist in product strategy and decision making.
• Perform User Acceptance Testing for enhancements and report discrepancies.
• Manage medium-large projects independently to meet deadlines using established processes.
• Conduct program audits as needed and other duties as assigned.

Skills

Strong communication

Interpret forms

Organizational skills

Time management

Prioritize workload

Self-motivated

ISO rates knowledge

Rate filings

Education

Bachelor's Degree

Insurance Designations preferred

Job description

Company Details

Carolina Casualty is a member company of W. R. Berkley Corporation , an insurance holding company that is among the largest commercial lines insurance writers in the United States. We specialize in liability, physical damage, cargo and other insurance solutions for the commercial auto markets including trucking, public transportation and others.

Join Carolina Casualty, where innovation meets purpose.

Carolina Casualty is a proud member of W. R. Berkley Corporation, one of the largest commercial lines insurers in the country. What sets us apart is not just our size, but how we work and who we are.

We specialize in liability, physical damage, cargo, and other insurance solutions for the commercial auto market, including trucking and public transportation industries that keep America moving. Our team tackles real, complex challenges for the people and businesses that make that possible every day.

At CCIC, We Live By Three Simple Truths

Always do right.

Integrity is not just a slogan. It guides every decision we make.

Everything counts; everyone matters.

Every role, every voice, and every contribution help shape who we are as an organization.

Embrace innovation and act responsibly.

We are willing to challenge the status quo while remaining thoughtful and committed to our people, customers, and partners.

If you are looking for a place where your work makes an impact, your ideas are valued, and doing the right thing is expected, we would love to meet you.

Responsibilities

The company is an equal opportunity employer.

The Product Compliance Analyst is a key role to ensure our policy forms are accurate, in compliance, producing effectively and supporting our company's goal to offer a competitive coverage product. The Product Analyst works closely with Actuarial, Underwriting, Marketing, and Claims to develop forms, product manuals, product comparisons and product communications.

Key Functions/Duties of Position: Describe the overall job responsibilities (including any decision-making authority) for this position.

• The Product Compliance Analyst is responsible to create and enhance the company's product including, but not limited to, forms, manuals, member policy package, implementation of forms, etc., to ensure competitiveness in the marketplace.
• The Product Compliance Analyst will draft and prepare filings and responses to negotiate approval for form and rule filings with the Department of Insurance (DOI) and Office of Insurance Regulation (OIR) through to completion.
• They will perform competitive research of primary competitors for opportunities for improvement.
• The Product Compliance Analyst interprets insurance forms, statutes, rules, regulations, develops conclusions, and makes recommendations.
• They perform analysis of existing forms and manuals on a regularly schedule basis for effectiveness.
• Research and analyze external information sources to provide updated, accurate competitive analysis including rates, guidelines, and forms coverage information.
• Compile, analyze and report on product market trends to assist in determining product strategy.
• They perform User Acceptance Testing for accuracy of enhancements and modifications of forms installations, identify, document and report discrepancies found.
• The Product Compliance Analyst works independently and manages projects and assignments and prioritizes workload to ensure deadlines are met.
• They perform all responsibilities using established department processes, quality control procedures and checklists.
• The Product Compliance Analyst effectively manages medium-large projects simultaneously to completion, while meeting deadlines.
• They perform program audits as needed and required.
• Other duties as assigned.
• This position is in office Monday-Thursday with Friday an optional work from home day.

Qualifications

Education Requirement

• Bachelor's Degree
• Insurance Designations preferred

Qualifications: Include necessary skills/experience and core competencies required

• 4+ years of experience working in the Property Casualty or Commercial Lines
• Strong written and verbal communication skills.
• Experience in interpreting insurance forms, statutes, rules, regulations and performing analysis, developing conclusions, and recommendations.
• Strong organizational, time management, attention to detail and analytical skills are essential.
• Ability to organize and prioritize workload.
• Ability to communicate effectively.
• Self-motivated and results oriented.
• Preferred knowledge in ISO rates/rules/forms.
• Preferred experience in preparing and managing rate/rule form filings and implementation.

Additional Company Details

Only solicited resumes/candidate profiles that are submitted by a Berkley Preferred Agency Partner that have been requested by Berkley Internal Recruiting to engage in a particular search will be subject to the payment of Agency fees as defined in the formal agency agreement. Any unsolicited resumes/candidate profiles are not subject to payment of the agency fees.

The company offers a competitive compensation plan and robust benefits package for full-time regular employees which for this role include:

• Base Salary Range: $65,000-$85,000
• Eligible to participate in annual discretionary bonus.
• Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role