SENIOR PRODUCT DEVELOPMENT ANALYST

Senior Product Development Analyst

JOB DESCRIPTION

Product Development- Create contract language, develop and draft wording for new products for P&C multiple lines of business for MSO and individual member companies. Prepare and make filings through SERFF with the various insurance departments. Meet changing market needs as well as regulatory and legislative requirements.

REQUIREMENTS

10 year minimum P&C Insurance experience including advanced product management/development and understanding of state filing process. Insurance designation course work preferable. Knowledge of SERFF filing system desirable. College degree required.

SKILLS

• Ability to work independently
• Ability to research and develop insurance products and enhancements, then recommend to management
• Clarity in verbal and written communication
• Ability to read research and extrapolate data from varied sources Judgement in evaluating data
• Proficient in business software, i.e., Microsoft Office Mathematical-comprehension in addition to computation Capable of adapting existing guidelines to varied situations
• Organization to determine and reshuffle priority of work as necessary Strong organizational skills and attention to detail
• Strong reading comprehension Product drafting
• Ability to handle a multi tasks and deadline sensitive environment

JOB DUTIES

• Develop, revise and update forms and manuals for MSO and member companies and file through SERFF with appropriate state insurance departments.
• Create Bulletins to announce revisions and updates. Turnaround Time: Immediately after approvals.
• Represent MSO at various industry meetings and conferences.
• Recommend value added MSO services and programs to current member companies and prospects.
• Assist in the development of press releases and newsletter articles. Review each project and set a realistic deadline.
• Keep abreast of current P&C topics through research, webinars, publications, etc.

MEMBER COMPANY CONTACT

Communicate with our member companies as needed to discuss filings, policy language, actuarial documentation, and state objections and answer company questions.

EXTERNAL VENDORS & MSO BOARD CONTACT

Communicate with various state departments of insurance and MSO company outside professional consultants exclusively for MSO business. Contact with MSO Board as requested by MSO management.