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Property & Casualty Insurance Legislative Lead

Verisk
Jersey City, United Statesfull_timeVerifiedPosted 15 Aug 2023

About the role

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

  • Draft policy language and develop manual rules that guide insurers in issuing and rating policies, and also develop related information, including filings and announcements to customers.  
  • Review laws, regulations and case law for impact on Verisk 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 inquires over a wide range of insurance topics. 
  • Collaborate with all stakeholders including Actuarial and Coverage Product Development, Law Department, Government Relations, etc., inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners. 
  • Work in conjunction with the Product Development team to research and review new products, consider impact on other products, and collaborate with others in bringing products to market. 

Qualifications

  • Bachelor's degree or equivalent experience. 
  • At least four years’ experience in the Property and Casualty insurance industry in any of the following areas: insurance product development, coverage analysis, legal, claims, underwriting, and/or submitting filings with insurance regulators.   
  • Knowledge of ISO commercial/personal insurance line products. 
  • Deep knowledge of insurance coverage and ISO internal procedures is preferred. 
  • Excellent verbal and written communication skills.  
  • Strong organization, research, and analytic skills. 
  • Attention to detail to ensure accuracy and internal consistency. Demonstrate initiative and commitment to identify and correct problems that arise. 
  • Proficient computer skills/knowledge of workflow procedures. 
  • Strong ability to work in deadline-driven situations. 
  • Ability to work independently with proper direction and minimal supervision.  
  • CPCU exam study or completion is a plus and strongly encouraged. 

#LI-HM

Additional Information

In 2022, Verisk received Great Place to Work® Certification for our outstanding workplace culture for the sixth year in a row and second-time certification in the UK, Spain, and India. We’re also one of the 38 companies on the UK’s Best Workplaces™ list and one of 18 companies on Spain’s Best Workplaces™ list.

For over fifty years and through innovation, interpretation, and professional insight, Verisk has replaced uncertainty with precision to unlock opportunities that deliver significant and demonstrable impact. From our historic roots in risk assessment, we’ve grown to provide analytic insights that help transform industries focused on some of the world’s most critical areas. Today, the insurance industry relies on Verisk to be, and to make the world, more productive, resilient, and sustainable.

Verisk works in collaboration with our customers and at the intersection of people, data, and advanced technologies. Through proprietary platformed analytics, advanced modeling, and interpretation, we deliver immediate and sustained value to our customers and through them, to the individuals and societies they serve, with greater speed, precision, and scale.

We’re 9,000 people strong, committed to translating big data into big ideas. We help others see new possibilities and empower certainty into big decisions that impact individuals and societies. And we relentlessly and ethically pursue innovation to help move our customers, and the world, toward better tomorrows.

Everyone at Verisk—from our chief executive officer to our newest employee—is guided by The Verisk Way, to Be Remarkable, Add Value, and Innovate.
• Be Remarkable by doing something better each day in service to our customers and each other
• Add Value by delivering immediate and sustained results that drive positive outcomes
• Innovate by redefining what’s possible, embracing challenges, and pushing boundaries

Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to

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Company

Verisk

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