Commercial Lines of Business Analyst- General Liability (Hybrid)
at Selective Insurance Company of America
Branchville, NJ 07890, USA -
| Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
|---|---|---|---|---|---|---|---|
| Immediate | 29 Jun, 2024 | USD 82000 Annual | 30 Mar, 2024 | 2 year(s) or above | Accountability,Educational Materials,Strategic Thinking,Clarity,Bulletins,Alternative Solutions,Corporate Governance,Materiality,Customer Service,Iso,Growth Initiatives,Regulatory Requirements,Business Process,Oversight,Profitability Improvement,Training | No | No |
Required Visa Status:
| Citizen | GC |
| US Citizen | Student Visa |
| H1B | CPT |
| OPT | H4 Spouse of H1B |
| GC Green Card |
Employment Type:
| Full Time | Part Time |
| Permanent | Independent - 1099 |
| Contract – W2 | C2H Independent |
| C2H W2 | Contract – Corp 2 Corp |
| Contract to Hire – Corp 2 Corp |
Description:
Responsibilities:
- Partners with the Product Development Specialists to support their responsibility for Insurance Services Office (ISO), Selective proprietary, American Association of Insurance Services (AAIS) and National Council on Compensation Insurance (NCCI) rates, rules and forms.
- Ensures a consistent business process and tools for product development as respects intake, tracking, review, materiality and decisions in terms of ISO and AAIS circulars and bulletins.
- Recommends actions outlining pros and cons when considering options with regard to ISO and AAIS circulars. Determine requirements needed to adopt circulars and reviews system ramifications of the circular/bulletins.
- Collaborates with the Product Development Specialist regarding decisions, requirements and ramifications to Selective proprietary forms.
- Maintains ownership of the profit & loss for assigned line of business.
- Provides analysis for state and countrywide rate reviews as well as to aid regional partners in region and state level efforts at profitability improvement and profitable production by providing recommendations and support to drive the activity required.
- Supports Product Development Specialists efforts to maintain inventory and accountability for governance of existing rates, rules and forms.
- Includes oversight of delay/non-adopt ISO and AAIS circulars.
- Manages line of business assigned for all corporate governance and compliance issues as assigned.
- Receives and handles underwriting referrals from the field and/or corporate underwriting (where authority rests only with the LOB), utilizing underwriting expertise to advise the most appropriate solution or course of action in a timely manner. Includes supporting the Product Development Specialist’s analysis of existing manuscript endorsements, determination of acceptability based on clarity, accuracy, and compliance with each state’s regulations. Development of alternative solutions using filed forms, or provide alternative language that is compliant, clear, and concise.
- Actively participates in supporting predictive model efforts relative to given line of business.
- Assists with the creation and delivery of educational materials and training programs for agents, regional personnel and corporate underwriting to ensure thorough understanding of underwriting guidelines, issues and controls.
- Participate in the Large Loss Review process and Quality Assurance Reviews as necessary. Drafting analysis, insight and takeaways or action plans.
- Provides exceptional customer service to agents, regional personnel, Product Development staff, corporate underwriting and other stakeholders as identified
REQUIREMENT SUMMARY
Min:2.0Max:3.0 year(s)
Insurance
Banking / Insurance
Insurance
Graduate
Proficient
1
Branchville, NJ 07890, USA
