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Insurance Product Analyst​/Senior Insurance Product Analyst; Hybrid

Job in Millburn, Essex County, New Jersey, 07078, USA
Listing for: Selective Insurance Company of America
Full Time position
Listed on 2026-10-17
Job specializations:
  • Insurance
    Financial Analyst, Risk Manager/Analyst, Insurance Analyst
Salary/Wage Range or Industry Benchmark: 101000 - 168000 USD Yearly USD 101000.00 168000.00 YEAR
Job Description & How to Apply Below
Position: Insurance Product Analyst/ Senior Insurance Product Analyst (Hybrid)
About Us

At Selective, we don't just insure uniquely, we employ uniqueness.

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work® in 2025 for the sixth consecutive year.

Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

Overview

Position supports the currency, accuracy, and regulatory compliance of insurance products for the assigned line(s) of business. Understands rates, rules, and forms relative to regional and state insurance bureaus. Works in conjunction with Insurance Product leadership to manage the inventory of bureau circulars and related analytical projects, and determines if the organization has to or chooses to adopt bureau changes. Provides rate integration, error research, and form and market research capabilities that complement the Product Development Specialist skill set.

All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Responsibilities
  • Partners with the Product Development Specialists to support Insurance Product department responsibility for Insurance Services Office (ISO), Selective proprietary, American Association of Insurance Services (AAIS) rates, rules and forms currency.
  • Ensures a consistent business process and tools for insurance product development as respects to intake, tracking, review, materiality and decisions in terms of ISO, AAIS circulars and bulletins.
  • Recommends actions outlining pros and cons when considering options with regard to circulars.
  • Determines requirements needed to adopt circulars and reviews system ramifications of the circulars/bulletins.
  • Collaborates with the Product Development Specialist regarding decisions, requirements and ramifications to Selective proprietary forms.
  • Executes filing support activities including delay filings and state filing documentation.
  • Supports Product Development Specialists' efforts to maintain inventory and accountability for existing rates, rules and forms.
  • Includes oversight of delay/non-adopt ISO and AAIS (or NCCI and Independent State Workers Compensation Bureaus) circulars.
  • Manages regulatory and filing compliance matters relating to rates, rules, and forms for the assigned line of business.
  • Serves as the rate acumen subject matter expert within the Insurance Product team — supporting rate and rule ingestion, multi-state rate breakdown analysis, and the integration of rates into rating systems.
  • Complements the Product Development Specialist forms skill set on the rate side of product implementation.
  • Provides research and resolution support for errors and mods tied to rate, rule, and form deployment assisting in identifying root causes and coordinating corrections within the system and recommending process improvements to reduce recurrence.
  • Provides project coordination and analytical partnership with Product Development Specialists on multi-state programs and major product initiatives — including research, requirements documentation, competitive form comparison, and implementation tracking.
  • Conducts market research in support of insurance product development efforts —…
Position Requirements
10+ Years work experience
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