Commercial Lines Underwriting Product Expert

2 weeks ago


Jersey City, New Jersey, United States Underwriting Solutions Full time

Job Overview

We are seeking a dedicated Commercial Lines Underwriting Product Expert to join our innovative team. In this critical role, you will contribute significantly to the development and enhancement of our insurance products, ensuring they meet the evolving needs of the market and comply with all regulatory standards.

Key Responsibilities:

  • Utilize SCoPES, a recognized methodology for specific loss cost, to evaluate commercial property losses through a systematic analysis of hazards and risks.

US Underwriting Expertise:

  • Possess a minimum of 5 years of experience in Loss Control or insurance underwriting.
  • Demonstrate comprehensive knowledge of federal and state regulations governing commercial insurance in the U.S., staying informed on any regulatory changes.
  • Identify and understand the unique risks faced by various industries in the U.S.
  • Be familiar with standard policy forms and endorsements prevalent in the U.S. commercial insurance sector.

Understanding the US Insurance Landscape:

  • Navigate the complex regulatory environment of the U.S. commercial insurance market.
  • Conduct detailed risk assessments to identify challenges and opportunities across different sectors.
  • Customize insurance products to address specific risks in the U.S. market.
  • Monitor competitor offerings and market strategies.
  • Communicate complex insurance concepts clearly to various stakeholders.
  • Adhere to ethical standards and understand legal obligations within the insurance field.

Product Management Skills:

  • Exhibit strong analytical and problem-solving abilities.
  • Possess excellent strategic thinking skills.
  • Familiarity with Agile development principles and tools like JIRA.
  • Proficient in data analysis tools such as Excel, Power BI, or Tableau.
  • Extract actionable insights from large datasets.
  • Effectively convey product features and benefits to internal teams and clients.

Qualifications:

  • Strong technical background with an emphasis on mobile, APIs, AI/ML, and data analytics.
  • Utilize data analytics to identify trends and enhance underwriting processes.
  • Optimize insurance products based on data-driven insights.
  • Basic knowledge of programming languages such as C# and SQL is advantageous.

Company Overview:

As a leader in data analytics and technology for the global insurance industry, we empower businesses to make informed decisions on risk management. Our commitment to innovation and inclusivity fosters a culture where every team member can thrive.

Join us to leverage your expertise in creating exceptional insurance solutions that drive success.



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