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Product Management Analyst Insurance

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1 Vacancy
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Job Location drjobs

Morristown, NJ - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Company Details

Berkley One exists to insure and protect the lifestyles of a modern generation of affluence. We seek clients that are sophisticated individuals and families who require worldclass risk and claims management customized to their needs a team of select expert independent agents and innovative digital tools to keep it simple and easy. Well blend our partners products and capabilities with all that is Berkley generating a modern solution for the customers we serve.

Our culture is one of innovation creativity and teamwork. Our team is highly motivated passionate about our business and deeply experienced in developing and delivering product and service solutions in the personal insurance marketplace.

The company is an equal opportunity employer.

Responsibilities

We have an exciting opportunity for a Product Management Analyst to join our Berkley One Product Management team! You will support new product development and management of existing products while working closely with Product Managers Legal IT Analytics Underwriting and Marketing departments to ensure coordinated product releases maintain competitive and compliant policy forms rates and rules and enable strategic product initiatives through data analysis and critical thinking. You will be able to use your analytical skills to design datadriven solutions to business problems and drive profitable growth. This is a great opportunity to grow your insurance career with Berkley One!

We will consider candidates with experience working as a Claims Analyst Underwriting Associate Actuarial or general insurance knowledge looking to transition into a career in Product Management. This is NOT an IT position.

We have a welcoming culture valuing our employees we trademarked the phrase Everything Counts Everyone Matters to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!

Key functions include but are not limited to:

  • Compile and analyze state and industry research and competitor data to inform strategic adjustments including form rate and rule reviews new product development and modifications in underwriting appetite
  • Collaborate with Product Managers to create comprehensive line of business plans for rate and coverage considerations
  • Support the product development life cycle from forms drafting to preparing filing documents and responding to objections through implementation and post launch review
    Coordinate with IT on product requirements and conduct UAT on behalf of business stakeholders
  • Collaborate with colleagues across the organization to ensure alignment across forms rates rules and internal systems as well as external and internal communications
    Respond to form and rate related questions providing guidance to underwriting and other internal business personnel
  • Compile and analyze company results and product KPIs in preparation for product strategy reviews
  • Actively participate in Berkley One Innovation collaborating with colleagues across the portfolio team around how we can improve our processes and the overall performance of the portfolio

Qualifications

  • Bachelors Degree or equivalent experience
  • 2 years of insurance industry experience
  • Familiarity with insurance contract design (e.g. ISO) and with pricing and actuarial concepts desired (will train)
  • Experience working in a mathematical or analytical role
  • Empathy and understanding of the needs of customers both insureds and their agents alike; an excellent proactive advocate for Berkley One customers who is passionate about their brand and coverage experience
  • Exceptional oral and written communication skills with a communication style that is flexible to the situation; able to communicate clearly and with purpose
  • A strong attention to detail and ability to juggle competing priorities
  • Strong analytical and problemsolving skills
  • A strong sense of accountability resourcefulness fun and adventure
  • A strong customer service bias known for your responsiveness
  • Natural curiosity a love of learning how things work and always looking for innovative improvements
  • Proficient in Microsoft Office Suite of products (Word PowerPoint Excel)

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.

Required Experience:

IC

Employment Type

Unclear

Company Industry

Department / Functional Area

Product Development

About Company

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