Rate Filing Analyst - Remote Opportunity

Hirebridge; Minneapolis (MN); Hybrid; USD 59,000 - 99,000; Full time

Job summary

An established industry player is seeking a Rate Filing Analyst to manage key projects and prepare rate filings for various insurance products. In this pivotal role, you will gather data, develop rate proposals, and ensure compliance with regulatory requirements. Your expertise will drive innovation and enhance filing strategies, while your analytical skills will help address complex issues. This position offers a competitive salary, bonus eligibility, and a robust benefits package, including flexible work schedules and a comprehensive retirement plan. Join a dynamic team where your contributions will make a significant impact on the company's success.

Benefits

401(K) retirement plan with company match

Medical, dental, and vision plans

Free basic life and AD&D insurance

Long-term and short-term disability insurance

Wellness incentives

Generous time off program

Flexible work schedules

Hybrid/remote options for eligible positions

Qualifications

• Bachelor's degree or equivalent in relevant fields is required.
• Experience in insurance, underwriting, or actuarial analysis preferred.

Responsibilities

• Manage rate filings and ensure compliance with regulations.
• Develop rate proposals and prepare filing exhibits for submissions.

Skills

Project Management

Analytical Skills

Communication Skills

Attention to Detail

Problem-Solving

Education

Bachelor's degree in Business, Finance, Mathematics, Economics, Statistics, Actuarial Science

Tools

Microsoft Office Suite

SQL

Job description

As the Rate Filing Analyst, you will be responsible for managing key projects, strategizing, collaborating, and preparing rate filings for a variety of products, including but not limited to Workers Compensation, Commercial Auto, Commercial Property, General Liability, Businessowners, and Commercial Multi-Peril. Your role will involve working with pricing models and ensuring all filings comply with regulatory requirements.

Accountabilities:

1. Gathers data and prepares exhibits containing premium and claim statistics to state insurance departments, bureaus and other regulatory agencies. Prepares error-free state filing forms, exhibits, memos and supporting materials for regulatory filings.
2. Develops rate proposals, calculates policyholder impacts, prepares filing exhibits, and provides rate level indications to support rate filings.
3. Works closely with business partners to shape filing strategies and ensure successful rate implementation.
4. Assembles comprehensive filing packages, including state transmittal forms, exhibits, and other necessary documentation for regulatory submissions.
5. Stays informed on industry best practices and drives innovation by developing tools for rate impact analysis and other filing exhibits.
6. Addresses regulatory inquiries and objections by conducting analyses, researching, and collaborating with business partners. Provides strategic recommendations to influence filing outcomes.
7. Ensures tools and processes deliver accurate, efficient, and consistent results. Identifies areas for improvement in existing systems and suggests solutions.
8. Perform other related work as assigned.

Skills & Requirements

Qualifications:

1. Bachelor's degree in Business, Finance, Mathematics, Economics, Statistics, Actuarial Science, etc. or equivalent.
2. Previous experience in insurance, underwriting, actuarial analysis, or rate filings is preferred.
3. Broad knowledge of insurance industry regulations and rate filing processes.
4. Proficiency in computer applications, including Microsoft Office Suite and other business-related software (SQL knowledge is a plus).
5. Ability to manage multiple projects simultaneously while maintaining attention to detail and meeting deadlines.
6. Excellent interpersonal, communication, and presentation skills, with the ability to engage effectively with internal and external stakeholders at all levels.
7. Strong project management, organizational, and planning capabilities.
8. Exceptional analytical, critical thinking, and problem-solving skills, with the ability to address and resolve moderately complex issues effectively.

Compensation:

1. $59,400 - $99,000 commensurate with experience, plus bonus eligibility
2. $65,400 - $109,000 commensurate with experience in CA, CT, MA, NJ, NY, and PA, plus bonus eligibility

We are proud to offer a robust benefits suite that includes:

1. Competitive base salary plus incentive plans for eligible team members
2. 401(K) retirement plan that includes a company match of up to 6% of your eligible salary
3. Free basic life and AD&D, long-term disability and short-term disability insurance
4. Medical, dental and vision plans to meet your unique healthcare needs
5. Wellness incentives
6. Generous time off program that includes personal, holiday and volunteer paid time off
7. Flexible work schedules and hybrid/remote options for eligible positions