Product and Compliance Analyst I

The Product Analyst I is responsible for: work related to rate reviews, rate filings, form filings, and program filings for all major departments in all states; keeping up to date on state regulations and advisory organization filings for all lines; ensuring filing submissions are in compliance with all applicable insurance laws, regulations, and rating bureaus and maintaining appropriate documentation for all lines.

Essential Duties:

• Product/Competitor research and product development
  • Assists in the development of new enhancements and products
  • Provides counsel to lines of business regarding compliance issues
  • Obtains and analyzes competitor filings, as needed
• Monitor rate, rule, and form changes filed by ISO
  • Collaborates with affected line(s) to prepare analysis and outline for Management
  • Determines appropriate company action and submit necessary delay filings
• Compliance Research
  • Ensures that product changes comply with each state's laws and regulations
  • Monitors law changes and determine necessary actions to comply with the changes
• Create and/or update documents needed to implement product changes including;
  • Documents (project checklists) provided to programming with detailed instructions about the product changes
  • State exception pages and policy forms
  • Assists Quality Assurance department maintain the business requirements documents as necessary
  • Assists Quality Assurance department with implementation testing
• Prepare and submit rate, rule, and form filings for the state departments of insurance (DOIs)
  • Completes filing requirements in SERFF to submit proposed changes to the state DOIs
  • Monitors SERFF filing status and assist with answering any questions or objections from the DOI
• Assists Management including:
  • Suggests any changes in Product Management Services processes and/or procedures
  • Provides information for reports, meetings, and other company activities
  • Communicates proactively with manager regarding project work status and project task completion concerns
  • Trains of other Product Management Services staff as required
  • Presents to or prepare informational materials for other Company staff groups, as required
  • Other special projects and duties as assigned

Basic Qualifications

• Bachelor's degree and or equivalent business experience
• Minimum two (2) years' experience in a related position
• Strong quantitative and analytical skills
• Strong organizational, planning, documentation, and problem-solving skills
• Excellent research skills
• Ability to handle shifting priorities
• Strong time management skills
• Proficient interpersonal relations and communication skills
• Proficient knowledge of Microsoft Word, Excel, SharePoint

Must be able to successfully pass a criminal background check.