Senior Commercial Product Development Analyst

Safepoint MGA, LLC; Tampa (FL); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Health Insurance

401K with immediate vesting

Paid Time Off

Company Holidays

Professional Development

Job summary

Safepoint Insurance is seeking a Senior Commercial Product Development Analyst to lead the design, development, and rollout of insurance products across multiple states. You will work with cross-functional teams to ensure fast time-to-market and adherence to regulatory requirements in Commercial Lines.

The role requires deep P&C knowledge, state filing experience, and strong analytical skills to identify gaps, improve processes, and drive product launches in collaboration with marketing,

Qualifications

• 5–7 years of P&C insurance experience in Commercial Lines.
• Proficient knowledge of ISO Commercial Lines manuals and rating algorithms.
• Proficient knowledge of ISO forms and coverages.
• Knowledge of property and casualty insurance concepts.
• Experience with state Departments of Insurance preferred.
• CPCU or similar designation preferred.
• Proficiency in multi-state product filing.
• Strong written and verbal communication, analytical skills.
• Experience coordinating with cross-functional teams.
• Proficiency in MS Word and Adobe Acrobat.

Responsibilities

• Review and compare quality programs in Personal and Commercial lines for competitiveness.
• Identify product gaps and generate ideas to grow market share.
• Develop filing manuals and forms; file using SERFF/IFile and shepherd filings.
• Assist with rate filings alongside management and actuaries.
• Work with teams to deliver products to market quickly.
• Drive product launches with marketing, underwriting, and customer service.
• Research state laws and amend forms for compliance.
• Maintain relationships with external vendors and legislators.
• Maintain insurance rates and premium calculations.
• Engage in business process improvements and metrics collection.
• Conduct root cause analyses to propose enhancements.
• Complete ad‑hoc analytic projects as assigned.

Skills

Communication

Critical thinking

Data analysis

Cross-functional teamwork

Product filing

Risk assessment

Microsoft Word

Adobe Acrobat

Education

CPCU or equivalent designation

Tools

SERFF/IFile

ISO manuals & rating algorithms

MS Word

Adobe Acrobat

Job description

The Senior Commercial Product Development Analyst will lead in identifying, designing, building, and rolling out insurance products, in multiple states, that deliver the company’s vision and strategy. This position will be working with cross‑functional teams in a dynamic and fast‑paced environment with a focus on Commercial Lines.

Duties and Responsibilities

• Review and identify quality programs that exist in the Personal and Commercial lines markets. Compare them for competitiveness.
• Identify and fill product gaps and generate new ideas that grow market share.
• Develop manuals and forms for filing as required by state. Make filings using SERFF/IFile and shepherd through process.
• Work with management and actuaries on interrogatories and assist with rate filings.
• Work closely with teams to deliver with quick time‑to‑market.
• Drive product launches including working with marketing team, executives, and underwriting and customer service team members.
• Regularly research applicable state laws, bulletins, and statutes to review and amend forms for legislative compliance.
• Maintain professional relationships and communication with external vendors and legislators.
• Maintain insurance rates and premium calculations.
• Identify and fill product gaps and generate new ideas that grow market share.
• Participate in business process management efforts to collect and analyze metrics and continually improve processes.
• Participate in root cause analysis to recommend product or service enhancements or other appropriate actions to improve productivity for both the business units and third‑party software vendors.
• Complete ad‑hoc analytical projects as assigned which may include statistical reporting or agency management requests.
• Other tasks and projects, as assigned.

Essential Functions

• Ability to clearly communicate verbally and in writing
• Ability to think critically, observe data, draw conclusions, and assess risk
• Ability to use various computer systems
• Ability to perform mathematical calculations
• Ability to generate and effectively communicate new ideas and products
• Ability to maintain organizational file structures

Qualifications

• Minimum of 5‑7 years’ experience in the P&C insurance industry with a focus on Commercial Lines
• Proficient knowledge of ISO Commercial Lines manuals and rating algorithms
• Proficient knowledge of ISO forms and coverages
• Proficient knowledge of property and casualty insurance required
• Previous experience working with state Departments of Insurance strongly preferred
• CPCU or other insurance designations strongly preferred
• Proficiency in program development and product filing in multiple states for both Personal and Commercial Lines
• Excellent written and verbal communication, detailed analytical skills, facilitation, and negotiation skills
• Strong problem‑solving skills, data & business process modeling, and ability to work effectively with cross‑functional teams
• Strong knowledge of Microsoft Word and Adobe Acrobat
• Strong system organizational skills

Physical Requirements and Working Conditions

While performing the duties of this job, the employee is regularly required to communicate technical ideas to a non‑technical audience. The employee is regularly required to talk or hear. The employee frequently is required to sit for extended periods; stand; walk; use hands and fingers to handle or feel; and reach with hands and arms. Work is performed in an office environment and requires the ability to operate standard office equipment, such as computers, keyboards, phones, copiers, and filing cabinets.

Compensation and Benefits

We recognize that talented professionals are attracted to companies that provide a great place to work, combined with a comprehensive and competitive pay and benefits package, along with opportunities for personal growth and job advancement. For this reason we are pleased to provide:

• Market Competitive Wages
• Professional Development and Educational Assistance Programs
• Safe Harbor 401K Plan with Immediate Vesting and an Automatic Company Contribution
• Paid Time‑Off (Discretionary, PTO, Parental Leave, and others)
• Company Paid Holidays
• Health Insurance
• Dental Insurance
• Vision Insurance
• Short and Long Term Disability Insurance
• Flexible Spending Accounts with Company Contribution
• Health Savings Accounts with Company Contribution
• Employee Life and AD&D Insurance
• Dependent Life and AD&D Insurance
• Company paid AAA Membership
• Company paid Identity Theft Protection
• Other Ancillary Insurance Benefit Programs
• And more

Safepoint Insurance is an equal employment opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, sexual orientation, national origin, citizenship, age or disability. We assure you that your opportunity for employment with Safepoint depends solely on your qualifications.