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Commercial Lines Product Specialist

Insurance Services Office, Inc.
life insurance
United States, New Jersey, Jersey City
545 Washington Boulevard (Show on map)
Dec 17, 2024
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

Verisk's ISO Commercial Lines Product Development division is looking for a highly motivated Commercial Property Product Development team member who will conceptually and technically develop new and revised insurance programs in response to the changing business environment.

We look to this role for strategic thought leadership on Commercial Property, Inland Marine and Output Policy lines of business. You will use 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. You will also collaborate with our product strategy leaders and compliance experts to react to emerging trends and create new insurance products and related information.

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 while also developing 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 by inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners. You will:

  • Take an active role in the organization and development of property multi-state filings;
  • Organizing commercial property panel meetings including compiling, organizing and distributing agendas and minutes;
  • Facilitate legal review of product changes and enhancements; and
  • Work with the actuarial department as necessary.

Within Verisk, this person works regularly with other departments including the Actuarial department, Compliance, Government Relations, Operational Support and Publication Support.

Qualifications
  • Bachelor's degree or equivalent experience.
  • Minimum 5 to 10 years P&C insurance experience with strong knowledge of coverages in Commercial Property, Inland Marine and/or Output Policy lines of business required including robust knowledge of market, industry, and competitor trends.
  • Excellent development and analysis of policy forms required.
  • Proven research and analytical skills.
  • Pro-active problem solver.
  • Detail oriented.
  • Excellent verbal and written communication skills.
  • Comfortable presenting at industry events.
  • 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.
  • CPCU, other industry designations, or law degree a plus.
  • Some travel will be required

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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-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 tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions - provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions - provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions - delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions - offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft - provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career.We have received the Great Place to Work Certification for the7th consecutive year. We've been recognized byForbesas a World's Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce.Verisk's Statement on Racial Equity and Diversitysupports our commitment to these values and affecting positive and lasting change in the communities where we live and work.

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

http://www.verisk.com/careers.html

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

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