Job Description: Product Compliance / Product Management
Position Summary
This position is responsible for working with the Product Compliance Team to develop and manage products that support corporate growth and profitability initiatives. The role involves reviewing materials, analyzing data, providing recommendations, and supporting the implementation of product initiatives.
Key Responsibilities
- Stay current with market trends to understand key developments impacting markets, customers, products, services, and operational processes.
- Maintain awareness of regulatory and compliance issues related to products.
- Analyze market trends and customer needs, and recommend product solutions that support corporate growth and profitability initiatives.
- Review product changes issued by rating bureaus, as needed, and provide recommendations for implementation.
- Assist in monitoring the effectiveness and success of product initiatives.
- Assist in developing materials required for regulatory filings.
- Collaborate with the implementation team to support product initiatives.
- Perform other duties as assigned.
Qualifications And Requirements
- Bachelor's degree or equivalent relevant experience preferred.
- Three or more years of relevant insurance industry experience, or one to three years of experience in insurance product management, preferred.
- Technical knowledge of insurance coverages, rates, rules, and forms required.
- Working knowledge of ISO/AAIS circulars and bulletins preferred.
- Ability to analyze and clearly communicate complex coverage matters and rating processes required.
- Ability to work independently as well as collaboratively in a team environment.
- Strong creative thinking and problem-solving abilities.
- Excellent written and verbal communication and presentation skills.
- Proficiency in Microsoft Office applications, particularly Word and Excel, database management, email, and scheduling tools. Must also have the ability to learn company-specific computer systems.
Work Environment and Physical Requirements
- Ability to work flexible hours and travel to all organizational offices, including locations in Pennsylvania, Ohio, and South Dakota, as well as vendor work sites.
- Ability to work in an office environment with moderate noise levels.
- Ability to remain stationary and operate a computer for the majority of the workday.
- Ability to move throughout the office to access work materials and handle materials weighing up to 10 pounds on a daily basis.
- Ability to perform the essential functions of the position with or without reasonable accommodation.