Western National Insurance Group is seeking a Product Development Analyst II to ensure compliance with regulatory requirements impacting insurance products, analyze legislative and regulatory changes, and implement necessary rate, rule, and form changes.
Requirements
- Ability to translate legal language into policy language.
- Demonstrated experience in reading, reviewing, and filing both personal and commercial lines product forms at the state level.
- Experience with System for Electronic Rate and Form Filing (SERFF) and bureau websites.
- Proficient use of various core systems, office and computer equipment, and software packages.
- Coursework toward CPCU or other insurance designation preferred.
Responsibilities
- Monitors resources for legislative and regulatory changes and analyzes impact to Western National products.
- Identifies new requirements that may require policy and form language changes; implements rate, rule, and form changes to comply with statutory requirements.
- Works with actuary on rate changes for assigned business lines; communicates changes to internal and external customers.
- Researches trending coverage and risk exposures to protect the company, agencies, and policyholders from evolving risks.
- Creates and manages state filings for assigned line(s) of business.
- Participates in testing and auditing of assigned lines of business, both pre- and post-implementation.
Other
- Supports the ongoing implementation of the core business attributes of empowerment, accountability, and connectiveness.
- Holds responsibility for a minimum of two lines of business.
- Consistently acts according to our customer experience standards by responding quickly, maintaining a positive attitude, building rapport, demonstrating empathy, managing the customer’s expectations, using the proper communication channel for the situation, and taking ownership to ensure the customer’s issue is resolved.
- Strong attention to detail and accuracy.
- Demonstrated ability to prioritize projects and meet deadlines.
- Demonstrated ability to organize and execute work independently.
- Ability to think critically and handle complex problems.
- Bachelor’s degree or equivalent related experience.
- Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
