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Collections Product Specialist

2 months ago

Warren, United States PURE Insurance Full time

About the Role

The Collections Product Specialist will play a key role in supporting the growth and profitability of our fine art, jewelry, and collectibles business segment. This individual will work closely with our product team to develop and maintain comprehensive product initiatives, driving business growth and increasing our competitiveness in the market.

Key Responsibilities

  • Support the development of product strategies through analysis of production metrics, loss data, actuarial indications, competitive positions, underwriting/marketing initiatives, and industry intelligence.
  • Assist in the development and implementation of product enhancements to improve performance, including internal coordination, state filing, and systems implementation.
  • Support the development and implementation of product initiatives to drive growth and increase competitiveness in the market.
  • Provide accurate and timely analytical support on assigned projects.
  • Extract, analyze, and organize query data to develop and support recommended product changes.
  • Monitor legislative changes related to high-value collectibles insurance and recommend any coverage impact of those changes.
  • Proactively explore new metrics and analytical approaches to improve performance measurement.
  • Maintain current knowledge of competitor actions, industry developments, and client needs to drive coverage innovation to meet the needs of our target market.

Requirements

  • Bachelor's degree preferred with 2-3 years relevant work experience, preferably in a product or underwriting role.
  • Exceptional problem-solving and communication skills, with strong attention to detail.
  • High degree of personal organization and time management skills, plus the ability to work autonomously and in a self-directed manner, managing multiple ongoing projects.
  • Good interpersonal skills and the ability to work well in a team environment.
  • Experience using Excel, SQL, and other data analysis tools.
  • Eagerness to develop new skills and enhance expertise.

Compensation

The base salary for this role can range from $65k-$85k, based on a full-time work schedule. An individual's ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience.