Product Development Analyst

Overview

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Product Development Analyst to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. Make your mark in Product Development.

The Product Development Analyst position is responsible for supporting Product Development staff members in their administration of the tasks/processes required to develop, file and implement insurance products used by the Programs Division.

• Support Product Development Managers on various product and filings related tasks.
• Serve as a liaison between the Programs team, and between the Programs staff, the State Filings Department, and the Program Administrator.
• Handle administrative and technical aspects of the product development and state filings processes. Format policy forms/endorsements, assign form numbers/edition dates, etc. Perform simple forms drafting such as State amendatory endorsements. Assist with the development of form/rate/rule manuals.
• Provide filings preparation support filing including completion of related transmission documentation (request forms, transmittals, checklists, forms lists, explanatory memoranda, etc.).
• Perform product and related compliance maintenance (including update of UM/UIM Status Sheets & IRPM/Schedule Mod Workbooks as an example, reviewing and intake of bureau circulars, review, intake and implementation of corporate changes, and drafting and implementation of regulatory/bureau form changes).
• Provide support for the manuscript endorsement request/development process.
• Update and maintain product library, forms lists, product form/rate/rule manuals, product repositories including the Global Forms Library, status sheets, etc.
• Track progress of filing approvals and respond to requests for filing status and copies of forms and/or filings.
• Support requests for competitive analysis, and product and filing research for Program Managers, Product Line Officers, Actuarial, Systems and other Stakeholders.
• Resolve product and filings discrepancies.
• Upload completed filings to AIG Programs external website and internal SharePoint repository.
• Assist with systems implementation of products.
• Assist with product inquiries on Market Conduct Exams.
• Align with Product Development staff members to further expertise in insurance product development and filing processes.
• Additional ad-hoc requests and handling of special projects as requested by VP of Product Development.

• 5+ years of relevant experience in insurance industry.
• Experience in Commercial Lines property/casualty insurance products.
• Working knowledge of ISO Commercial Lines and AAIS products, package policy structure, and Programs business.
• Bachelor’s degree and insurance designations (CPCU, AU, ARM, etc.) preferred, will consider applicable insurance experience in lieu of degree.
• Proficiency in Microsoft Office applications – Word, Excel, PowerPoint, etc.
• Proficiency in SharePoint.
• Effective oral and written communication skills.
• Excellent organizational and project management skills.

Ready to take your career to the next level? We would love to hear from you.

For positions based in Jersey City, NJ the base salary range is $76,000-$103,000. For positions based in NYC, the base salary range is $70,000-$95,000. The position is eligible for a bonus in accordance with the terms of the applicable incentive plan. A summary of benefits can be viewed here: .

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial…