Verisk Logo

Verisk

Insurance Product Development Analyst (General Liability/Commercial) (hybrid/remote)

Reposted One Month Ago
Be an Early Applicant
Remote or Hybrid
Hiring Remotely in Jersey City, NJ
20K-200K Annually
Junior
Remote or Hybrid
Hiring Remotely in Jersey City, NJ
20K-200K Annually
Junior
The role involves drafting policy language, developing rules for insurance products, reviewing regulations, and collaborating with various stakeholders in product development, ensuring compliance and product quality.
The summary above was generated by AI

As part of the Product Development team for commercial general liability, commercial liability umbrella, and medical professional liability, you will participate in the technical development of new and revised insurance programs in response to the ever-changing business environment for these and other lines of business. Your focus will be on customer satisfaction, product quality, relevance and timeliness.

Responsibilities

•    Review state and national laws, insurance department bulletins and regulations, and case law for impact on both the current ISO products and our insurers procedures.
•    Leverage insurance expertise and research skills to provide timely, thoughtful responses to insurer inquiries over a wide range of insurance topics.
•    Develop policy language and manual rules that provide valuable insurance enhancements and guide insurers in issuing and rating policies.
•    Learn to develop and present items to panels of insurers on emerging trends.
•    Through collaboration with others, identify potential revisions and solutions to bring product revisions to market.
•    Collaborate with stakeholders across Verisk including the Law Department, Government Relations and Actuarial, inviting perspectives, contributions, and partnerships within the team, the unit, the company, our customers and business partners.

Qualifications

•    Bachelor's degree preferred, or equivalent insurance experience with a minimum of at least two years P&C insurance 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 general liability insurance line procedures is a plus.
•    CPCU exam study or completion is a plus.

#LI-ZP1
#LI-Remote

About Us

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, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, 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, 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 and Restoration 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

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

Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

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

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

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. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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.

Verisk Employee Privacy Notice

Verisk Buffalo Grove, Illinois, USA Office

Buffalo Grove, United States

Verisk Chicago, Illinois, USA Office

Chicago, United States

Similar Jobs

2 Hours Ago
Remote or Hybrid
United States
65K-81K Annually
Senior level
65K-81K Annually
Senior level
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Oversee DHMO quality management and utilization management governance, regulatory committees, audit readiness, corrective action monitoring, compliance reporting, and quality improvement. Analyze operational, financial, regulatory, satisfaction, grievance, and performance data to identify risks and trends. Develop governance processes, policies, reporting frameworks, and documentation standards. Partner with cross-functional stakeholders and leadership to improve compliance, organizational performance, member experience, and provider outcomes.
Top Skills: ExcelMicrosoft PowerpointMicrosoft SharepointMicrosoft TeamsMicrosoft Word
Yesterday
Easy Apply
Remote
United States
Easy Apply
160K-190K Annually
Expert/Leader
160K-190K Annually
Expert/Leader
Artificial Intelligence • Fintech • Hardware • Information Technology • Sales • Software • Transportation
Leads Motive’s internal communications strategy, narrative, and cadence across company-wide forums, executive messaging, video, Slack, intranet, email, and other channels. Advises executives, supports crisis and change communications, aligns internal and external messaging, measures employee sentiment, and improves engagement programs. The role also partners with Corporate Communications, Legal, and People teams and mentors communications talent while remaining an individual contributor.
Top Skills: Ai-Enabled ToolsEmailIntranetSlackVideo Communications
Yesterday
Remote
United States
62K-96K Annually
Senior level
62K-96K Annually
Senior level
Beauty • Robotics • Design • Appliances • Manufacturing
Provides Tier 1 IT support for global associates, troubleshooting Windows and macOS endpoints, networks, identity and access, Microsoft 365, and software issues. Manages onboarding, offboarding, endpoint provisioning, and device administration using Intune, Autopilot, and Jamf. Documents resolutions, supports major incidents, escalates complex issues, and improves support processes. Requires up to 10% domestic and international travel and occasional after-hours support.
Top Skills: Active DirectoryConfluenceiOSJAMFJira Service ManagementmacOSMicrosoft 365Microsoft Entra IdMicrosoft IntuneWifiWindowsWindows Autopilot

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account