- Assist with rate, rule and form filing projects for all company programs.
- Prepare and update program manuals and policy forms/endorsements.
- Assist with compliance-related activities (monthly, quarterly and annual regulatory and service bureau submissions; data call submissions; audit examinations).
- Prepare and distribute to management weekly/monthly reports related to key growth metrics.
- Update internal excel rating worksheets as needed with any approved changes.
- Track and monitor competitor rate, rule and form filings and communicate key changes to management.
- Assist with the analysis and implementation of changes to existing insurance products, as well as the development of new products.
- Assist in identifying and developing business requirements and providing insight and expertise from an operational and compliance perspective.
- Provide detailed data files required for rate filings, including premium and loss files.
- Perform extensive product reviews that require analysis of trends, factors, issues, competitive analysis, and related rate level indications.
- Communicate and collaborate with business partners in other functional areas including operations, underwriting, sales, claims, accounting and marketing.
- Assist with analysis of company rates and premiums to key competitors.
- Bachelor's degree required, preferably with a major in business administration, risk management, actuarial science, or a related analytics-oriented discipline.
- 1-3 years experience in an insurance discipline. Experience in data analytics a plus.
- Proficiency in MS Office products (Word, Excel, PowerPoint). The use and application of data analysis software (e.g., SQL) a plus.
- Insurance designations desirable.
- Insurance industry knowledge and experience, preferably in homeowners' insurance
- Excellent verbal and written communication skills
- Attention to detail and organizational skills
- Time Management
- Strong analytical and problem solving skills
- Process management and improvement
- Project Management
- Process Improvement
- Functional/Technical skills
- Proactive and "can do" mindset
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Product Support Specialist - Boca Raton, United States - Florida Peninsula Insurance
Description
Job DetailsJob Location
Corporate Office - Boca Raton, FL
Position Type
Full Time
Salary Range
$65, $75,000.00 Salary/year
Description
Position Summary:
This position will work under the direction of the Director of Product Management and spend a majority of the time working on policy forms and endorsements and collecting and analyzing statistical, financial, and competitive data to assist in pricing, underwriting and distribution decisions.
Essential Functions:
Required Education and Experience: