Senior Property Insurance Product Analyst – Rates & Forms

Selective Insurance

Short Hills (NJ)

On-site

USD 101,000 - 168,000

Full time

11 days ago

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Benefits offered by this job

Health insurance
Retirement plan with company match
Employee Stock Purchase Program
Tuition assistance and reimbursement
20 days paid time off

Job summary

Selective Insurance seeks an Insurance Product Specialist to support currency, accuracy, and regulatory compliance of insurance products for the assigned line of business. You will work with Product leadership on bureau circulars, rate integration, and form changes across markets.

You will collaborate with Product Development Specialists on filing activities, maintain rate inventories, and ensure alignment with ISO/AAIS circulars and state requirements.

Qualifications

  • College degree preferred.
  • 5+ years Commercial Underwriting experience.
  • Familiarity with insurance research platforms and filing databases.
  • 2+ years of experience with state regulatory filings.
  • 3+ years specific line of business experience.

Responsibilities

  • Collaborates with Product Development Specialists to manage ISO, AAIS, and rate forms currency and compliance.
  • Ensures consistent processes for handling ISO/AAIS circulars, updates, and filing materials.
  • Recommends actions on circulars and reviews system impacts.
  • Determines requirements to adopt circulars and reviews ramifications.
  • Supports forms and rate-related decisions and regulatory filings.
  • Executes filing support activities including delay filings and state filing documentation.
  • Maintains inventory and accountability for existing rates, rules, and forms.
  • Oversees delay/non-adopt ISO and AAIS circulars.
  • Manages regulatory filing matters for the assigned line of business.
  • Serves as rate acumen SME within the Insurance Product team.
  • Provides research and resolution on rate/form deployment issues.
  • Coordinates multi-state programs and major product initiatives.
  • Performs market research for product development including competitive form analysis.

Skills

Communication skills
Underwriting skills
Rating structures
Market intelligence
Problem solving
Strategic thinking
Relationship-building
Teamwork
Innovation
Digital tools
Regulatory knowledge
Coverage analysis
Project management
Rate integration
Coverage forms analysis
Cross-functional coordination

Education

College degree
3+ years line of business experience

Tools

SERFF
SFDC
S&P Global Market Intelligence

Job description

Selective Insurance seeks an Insurance Product Specialist to support currency, accuracy, and regulatory compliance of insurance products for the assigned line of business. You will work with Product leadership on bureau circulars, rate integration, and form changes across markets.

You will collaborate with Product Development Specialists on filing activities, maintain rate inventories, and ensure alignment with ISO/AAIS circulars and state requirements.

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