Forms Analyst

Sompo International Holdings Ltd.

• $77K — $93K *
Enterprise Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of industry experience in Underwriting or Operations.
  • Strong analytical and organizational skills.
  • Effective communication skills for both technical and non-technical audiences.
  • Proficient in Microsoft products, especially Excel and SharePoint.
  • Familiarity with Guidewire Policy Center and the Property & Casualty regulatory landscape.

Responsibilities

  • Ensure timely and accurate updates to the policy writing database under supervision.
  • Prepare IT business output templates aligning with legal and corporate standards.
  • Gather requirements from various stakeholders including Product Development and Compliance.
  • Assist IT teams with implementing changes and system updates.
  • Conduct User Acceptance Testing to ensure compliance with business needs.
  • Log and track defect and change requests using Fresh Service tickets.
  • Maintain documentation and prepare status reports on system requests.

Benefits

  • Comprehensive compensation and benefits package.
  • Programs aimed at promoting a pay-for-performance culture.
  • Regular evaluation of benefit programs to keep them competitive.
Full Job Description
Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Forms Analyst in our Insurance Operations team.

The Forms Analyst will support the Forms and Operations Teams which promotes company compliance with regulatory and corporate requirements by handling and/or coordinating tasks needed to assure the company's policy writing system Guidewire Policy Center (hereinafter referred to as "System") accurately reflects the Company business requirements for a number of lines of business including but not limited to Property, Casualty, Financial Lines, Inland Marine and Ocean Marine. While the role primarily will support Canadian commercial insurance, it may support US based business as well.

Location: This position will be based out of our Toronto Canada office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

What you'll be doing:

  • Ensure timely and accurate system updates for existing products under the direction of a manager or senior analyst.
  • Prepare IT business output templates in compliance with regulatory requirements and the Company Style Guide for policy forms and endorsements.
  • Gather business requirements from Product Development, Legal, Underwriting, Operations, Compliance, and other stakeholders.
  • Support IT Business System Analysts, Development, and Quality Assurance teams with implementation of submitted changes.
  • Conduct User Acceptance Testing, including test case data entry and policy output comparison between systems, to confirm compliance with business requirements.
  • Log and track Fresh Service tickets for defects or change requests, prepare status reports and metrics, and maintain departmental documentation of system requests.

What you'll bring:
  • Communicate effectively in writing and verbally with both technical and non-technical audiences.
  • Demonstrate urgency, attention to detail, and follow-through to resolve issues successfully.
  • Manage multiple initiatives effectively in a fast-paced environment with changing priorities.
  • Understand upstream and downstream insurance operations processes, with 3-5 years of industry experience in Underwriting or Operations and working knowledge of SDLC.
  • Apply strong analytical and organizational skills, with some college education or equivalent industry experience.
  • Use Microsoft products proficiently; SharePoint, advanced Excel, Guidewire PolicyCenter experience, and knowledge of the Property & Casualty regulatory landscape are preferred.


Salary Range: $77,000 - $93,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

This job posting outlines the general nature and level of work performed by individuals assigned to this position. It does not restrict the management's right to assign or reassign duties and responsibilities to this job at any time.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.

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