Compliance & Product Services Senior Analyst

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

As a Compliance & Product Services team member you will participate in the technical development of new and revised insurance programs in response to the changing business environment for various lines of business. 

Your focus will be on customer satisfaction, product quality, relevance and timeliness. 

 To accomplish these goals, you will need to: 

• 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 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 inquires over a wide range of insurance topics. 

• 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., 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 two years P&C insurance experience with product development, claims, underwriting and/or submitting filings with insurance regulators.  Experience involving analyzing and development of forms, rules, and/or rating preferred.  

• 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 or personal auto insurance lines procedures is a plus.  

• CPCU exam study or completion is a plus. 

Additional Information

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

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-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and