Compliance & Product Services Lead – Commercial Auto Line

🔥 0 minutes ago

🏖️ New Jersey – Remote

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💵 $70k - $116k / year

⏰ Full Time

🟠 Senior

✅ Product Manager

🦅 H1B Visa Sponsor

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Verisk

5001 - 10000 employees

Founded 1971

💰 $500M Post-IPO Debt on 2023-03

Insurance • Data Analytics • Risk Management

Verisk is a company that specializes in providing advanced data analytics, technology, and scientific research to the global insurance industry. It delivers solutions across various insurance sectors such as Property & Casualty, Life and Annuities, Reinsurance, and Specialty Markets, helping clients to assess and price risks with speed and precision. Verisk's offerings include underwriting and rating support, claims management, compliance, catastrophe risk modeling, and insights into extreme event risks. Additionally, Verisk serves other industries such as construction, real estate, and transportation by offering data-driven insights and solutions for risk assessment and business optimization, while also contributing to sustainability and resilience initiatives through its research and analytics.

📋 Description

• Draft policy language and develop manual rules that guide insurers in issuing and rating policies. • Review laws, regulations and case law for impact on ISO products and insurer procedures. • Develop policy language and rules for major program updates that provide valuable insurance enhancements to products used by the entire insurance industry. • Review state laws and requirements and make revisions to ensure program updates are compliant and relevant in each state. • Leverage insurance expertise and researching skills to provide timely, thoughtful responses to insurer inquiries. • Develop and present items to panels of insurers on emerging trends and potential revisions. • Collaborate with all stakeholders including Product Development, Law Department, Government Relations, Actuarial, etc.

🎯 Requirements

• Bachelor's degree or equivalent insurance experience. • At least two years P&C insurance experience with product development, claims, underwriting and/or submitting filings with insurance regulators. • Excellent verbal and written communication skills and attention to detail. • Strong organization, research and analytic skills. • Ability to both work independently and collaborate in a team environment. • Knowledge of ISO Commercial Auto lines procedures is a plus. • CPCU exam study or completion is a plus

🏖️ Benefits

• Health Insurance • Retirement Plan • Disability benefits • Paid Time Off program

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