Verisk Analytics

Product Development Lead - Commercial Auto

Verisk Analytics$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience
  • 5-10 years in P&C insurance with a focus on ISO commercial lines
  • Strong knowledge of market and industry trends
  • Excellent policy form development and analysis skills
  • Proven research and analytical abilities
  • Detail-oriented and proactive problem solver
  • Excellent verbal and written communication skills
  • Experience in building customer relationships for actionable insights

Responsibilities

  • Collaborate with stakeholders to enhance commercial auto insurance products
  • Organize and develop multi-state filings for insurance programs
  • Conduct commercial auto panel meetings and distribute agendas/minutes
  • Facilitate legal review of product changes and enhancements
  • Work with the actuarial team to align product development with actuarial insights

Benefits

  • Health Insurance
  • Retirement Plan
  • Disability benefits
  • Paid Time Off program
  • Competitive total rewards package
Full Job Description
Job Description

Verisk's ISO Commercial Auto Product Development division is looking for a highly motivated Commercial Auto Product Development team member who will conceptually and technically develop new and revised insurance programs in response to emerging issues and the changing commercial auto marketplace.

We look to this role for strategic thought leadership on Commercial Auto and Commercial Umbrella lines of business. You will use your understanding of coverages, markets, industries, legal and regulatory trends, our customers, and our competitors to gauge impacts on our insurance programs, provide actionable insights, and create new products and product enhancements. You will also collaborate with our product strategy leaders and compliance experts to react to emerging trends and create new insurance products and related information.

The better we know our customers, the better we can serve them. Customer focus will guide all aspects of your work. You will engage with customers and respond to their feedback with key developments while also developing products that anticipate their needs. This includes participating in panels and other customer forums, representing the products to customers, meeting with them individually and being a key customer resource. You may also represent us at industry conferences and with professional organizations, including preparing and giving presentations and authoring or co-authoring white papers or articles.

Responsibilities

As part of a small staff of line-of-business experts you will collaborate with all stakeholders by inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners. You will:
• Take an active role in the organization and development of multi-state filings;
• Organizing commercial auto panel meetings including compiling, organizing and distributing agendas and minutes;
• Facilitate legal review of product changes and enhancements; and
• Work with the actuarial department as necessary.

Within Verisk, this person works regularly with other departments including the Actuarial department, Compliance, Government Relations, Operational Support and Publication Support.

Qualifications
• Bachelor's degree or equivalent experience.
• Minimum 5 to 10 years P&C insurance experience with strong knowledge of ISO commercial lines including robust knowledge of market, industry, and competitor trends.
• Excellent development and analysis of policy forms required.
• Proven research and analytical skills.
• Pro-active problem solver.
• Detail oriented.
• Excellent verbal and written communication skills.
• Experience building great internal or external customer relationships that focus on gaining actionable insights and forming collaborative partnerships with the goal of innovation, product improvement, or ease of use.
• CPCU, other industry designations, or law degree is a plus.
• Some travel may be required (up to 15%)

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Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

https://www.verisk.com/company/careers/

About Verisk Analytics

Verisk Analytics is a data analytics company that provides data, analytics, and decision-support services to professionals in insurance, energy, healthcare, financial services, government, and risk management. The company uses proprietary data sets and algorithms to provide predictive analytics and decision support solutions to its clients. Verisk Analytics was founded in 1971 and is headquartered in Jersey City, New Jersey.
Learn more about Verisk Analytics
Size
9,367 employees
Market Cap
$27.2 billion
Industry
Net Income
$712.7 million
Founded
1971
5 Year Trend
+8.5%
Revenue
$2.7 billion
NASDAQ

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