Specialty Client Product Forms Analyst

Overview

Title:

Product Forms Analyst

Location:

current schedule is hybrid (40-50% in the Amelia, Ohio office)

* Please add a cover letter with details if you are not local and plan to relocate for the hybrid schedule

Recruiter:
Sonya Fischesser
Exempt position

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes and specialty dwellings - and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can t. We write admitted products in all 50 states and have a premium volume of $2.2 billion.

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.

Purpose:

The Product Forms Analyst will be responsible for the research, creation and maintenance of policy forms and templates for all Specialty Client Products. They will work closely with the Product Analyst responsible for each Specialty Client Line of Business.

• Consult with various departments within the organization, including Specialty Client, Actuarial, Underwriting, Legal & Compliance, and Operations to identify and build insurance product policy language; address state- specific requirements in connection with policy development.
• Draft complex insurance policy provisions based on product specifications; work closely with the Specialty Clients Analyst and external partners to understand the need and intent of each form.
• Collaborate with the Legal & Compliance Department to adopt regulatory research and analysis with respect to state requirements that apply to the policy forms.
• Collaborate with the Legal & Compliance Department to determine if changing laws and regulations impact policy forms; and implement any required policy-language changes in coordination with product and operational partners.
• Collaborate with Legal & Compliance Department to draft complex policy language, and develop strategic approaches and solutions to address complex policy-related and customer-specific issues.
• Partner with various departments within the organization, Underwriting, Legal & Compliance, Claims, and other internal partners as needed to address and develop strategies to resolve complex policy-related issues.
• Perform competitive form research using internal and external tools to support policy wording and filing objections.
• Responsible for all form related questions, revisions and filing objections.
• Review and maintain all forms and filing related form templates.
• Perform production form testing and Account Audit support.
• Ability to manage several priorities simultaneously, establish and meet deadlines, coordinate activities with other departments and perform job with a high level of accuracy and attention to detail.
• Possess excellent oral and written communication skills with ability to interact with all levels of management.
• Perform other related duties as assigned or required.

• Strong analytical abilities including understanding of coverage and policy forms.
• General understanding of state insurance laws, insurance policy language, product management and underwriting.
• Proven ability to innovate and make decision to foster and develop more advanced techniques as appropriate for the functional area.
• Ability to manage multiple projects and prioritize competing priorities.
• Basic knowledge of ISO, Wolters Kluwer, Oden, and various rate filing tools.

• Required:
  
  Bachelor s Degree in Insurance or similar discipline
• Preferred: MBA or similar advanced degree, CPCU and/or FCAS

• Two options for your health insurance plan (PPO or High Deductible)
• Prescription drug coverage (included in your health insurance plan)
• Vision and dental insurance plans
• Short and Long Term Disability coverage
• Supplemental…