State Relations Senior Associate

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

Join our team and play a crucial role in enhancing the regulatory framework of the insurance industry. As a dedicated professional, you will be instrumental in the approval and implementation of ISO filings, ensuring they meet current standards and address historical issues. Your expertise will be pivotal in maintaining up-to-date knowledge of filing processes, effectively communicating vital information to internal stakeholders, and researching objections to support our team’s efforts.

Your responsibilities will include coordinating and monitoring ISO filings, responding to regulatory inquiries to expedite market access for our products, and assisting in the development of strategies for swift filing approvals. You will also liaise with agent associations and other key industry players, preparing technical materials that serve both internal and external purposes. You will be expected to maintain awareness of current filing issues and historical issues, communicate filing activity to internal stakeholders, research filing objections to assist internal stakeholders.

This position offers the opportunity to make a significant impact in a dynamic field, providing you with the platform to contribute to the evolution of insurance regulation and practices. If you’re proactive, detail-oriented, and ready to drive innovation, we welcome you to apply and help shape the future of our industry.

About the Day to Day Responsibilities of the Role

• Coordinating and monitoring pending and prospective ISO filings.
• Responding to various regulatory inquiries to ensure speed to market of ISO products.
• Assist in the development and implementation of strategies to achieve prompt approval of filings.
• Assist in ISO’s interactions with agent associations, other statistical agents and independent rating bureaus.
• Research and prepare technical material (responses to inquiries, compilations of statutes, speeches, status reports, papers, etc.) for both internal and external use.
• Additional responsibilities as needed

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Qualifications

About You and How You Can Excel in this Role

• College degree, or equivalent experience
• 5 years experience within the P&C industry. Experience in product development, pricing, or state filings and regulatory compliance are preferred.
• Must have working knowledge of insurance coverages and ISO programs, including ISO filings.
• Good oral and written communication skills are a must.
• Must be a self-starter, able to work independently on multiple and various projects simultaneously.
• Ability to collaborate and to help bring multi-dimensional team projects to completion.
• Familiarity with basic actuarial concepts is a plus.
• Chartered Property Casualty Underwriter (CPCU) designation or other industry designations preferred.
• Must be able to perform essential job duties with or without reasonable accommodation.
• Based in Jersey City, NJ.

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 liabil