Product Development Analyst

Location: Dearborn, Michigan
Posted On: 10/2/2017
Job Code: 5469_PDA_MI
Job Description
About client:
Client provides membership, travel, insurance and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories. Client belongs to the national insurance federation and is the second largest client in North America.

• Develops new property/casualty insurance product lines in response to analysis.
• Analyzes and refines existing property/casualty insurance products to enhance the client’s market competitiveness and address business/market issues.
• Develops and implements property/casualty insurance programs, standards and procedures.
• Participates in the implementation of new products, programs, standards or procedures.
• Supports Property/casualty insurance training programs.
• Provides support to project teams.
• Analyzes industry legislation and keeps current on new trends and developments that affect property/casualty insurance products/programs.
• Researches, develops and reviews insurance related communications, bulletins and memos for corporate/field sales personnel.

Preferred Qualifications:
• CPCU, IIA, LOMA or other insurance-related coursework.
• Experience in developing/enhancing personal lines property/casualty products, including policy contract language work

• Bachelor’s degree in Business Administration, Mathematics, Actuarial Science or an insurance specific field or:
College level coursework and experience in at least two of the following areas:
• Researching and developing new property/casualty insurance products
• Developing property/casualty insurance programs, standards, and procedures
• Pricing new/current property/casualty insurance products
• Adjusting personal lines property/casualty claims
• Underwriting property/casualty insurance products
• Marketing or sales of property/casualty insurance products

Knowledge of:
• Property/casualty insurance policy forms and language for major and specialty personal lines products
• Regulations, policies and procedures of various state insurance regulatory agencies
• The role of other departments involved in program development and implementation
• Reinsurance principles
• ISO or similar rating bureau system
• PC software applications

Ability to:
• Analyze current products to revise/develop new property and casualty and membership insurance related programs

Category:IT  code:new
Job Requirements
Required Skills:
Property/casualty insurance policy
Regulations, policies and procedures of various state insurance regulatory
Developing property/casualty insurance programs
Property/casualty insurance products
Underwriting property/casualty insurance products

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Contact Details
Nikunj Patel
E-mail Address