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Coverage Development Lead

Verisk
Jersey City, United Statesfull_timeVerifiedPosted 7 Feb 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

Are you an insurance professional looking to make a real impact on the industry?  Do you feel limited with your growth opportunities in your current role?  Are you looking for a chance to take your career to the next level with a highly innovative organization?  Then you should consider coming to work with Verisk Analytics!  We were recently named Forbes Magazine’s #1 Innovative Research & Consulting Services Company in the World (#18 of all companies) and have a great opportunity for an ambitious, passionate insurance expert. 

We are looking for an experienced Insurance Product Development expert to develop innovative enhancements to ISO's management liability & professional liability insurance programs. 

As a product development team member you will conceptually and technically develop new and revised insurance programs in response to the changing business environment. We will look to you for strategic thought leadership on the D&O, EPL, Fiduciary Liability, Crime and Financial Institutions markets, as well as professional liability insurance markets, using 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. 

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, and develop 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. 

As part of a small staff of line-of-business experts you will collaborate with all stakeholders. This means inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners. 

Qualifications

  • Bachelor's degree or equivalent experience. CPCU or RPLU preferred. 

  • Minimum five to seven years underwriting or product development experience with in-depth knowledge of Directors and Officers, Employment-related Practices, Fiduciary Liability, Commercial Crime and Financial Institutions lines of business.  

  • Professional Liability and/or Cyber experience also a plus. 

  • Development or analysis of policy forms required. 

  • Proven research and analytical skills.  

  • Pro-active problem solver. 

  • 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. 

  • Some travel may be required (up to 15%) 

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 th

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Company

Verisk

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