Merchants Insurance Group is looking for a Product Specialist for their Commercial Lines team to focus on reviewing product and competitor analysis, defining new products with consideration for product enhancements, and ensuring alignment with corporate goals.
Requirements
- 10 years property and casualty experience in assigned commercial product lines.
- Microsoft Office knowledge as well as the ability to work with internal company systems (WINS, ImageRight etc.).
- 10 year(s): 10 years property and casualty experience in assigned commercial product lines.
Responsibilities
- Supports Product Managers in the management of the assigned line(s) of business by monitoring and analyzing results, monitoring and analyzing competitor information, implementing corrective underwriting action and development of new products and enhancements to achieve corporate loss ratio and production goals.
- Works with Product Manager to manage the rate review process for the assigned lines of business to assure compliance with all state requirements and timely implementation and communication of rate and/or product changes.
- Responsible for the management of the circular review process including the maintenance bureau circular activity along with the status of Company adoptions.
- Research, analyze, document and monitor product modifications and system modifications based on bureau approval or regulatory changes. Assist with the implementation of these changes.
- Act as Project Lead or team participant on projects involving product or system updates. Effectively employ project management strategy, skills and procedures to meet project objectives.
Other
- Hybrid work schedule. The Hybrid work schedule requires 8 full days per month in the office, with the option to work the remaining days at home or in the office.
- Qualified candidates will have a 4 year degree or equivalent work related experience.
- Excellent analytical and organizational skills.
- Exceptional organization, verbal and written communication skills are highly desirable.
- The ability to excel in a team environment.
