Commercial Lines of Business Analyst- General Liability (Hybrid) Community, Social Services & Nonprofit - Branchville, NJ at Geebo

Commercial Lines of Business Analyst- General Liability (Hybrid)

At Selective, we don't just insure uniquely, we employ uniqueness.
Our Business 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 2023 and certification as a Great Place to Work in 2023.
Working at SelectiveAt Selective, we don't just insure uniquely - we employ uniqueness.
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.
Employees receive comprehensive total rewards packages - including competitive compensation and performance awards, health benefits, and retirement savings - and professional development opportunities and flexible schedules to support their health, wealth, and well-being.
Join our team and help make a difference.
Position supports profitability improvement and profitable growth initiatives for assigned line of business.
Understands rates, rules and forms relative to regional and state insurance bureaus.
Works in conjunction with other Line of Business team members to manage inventory of bureau circulars and analytical projects and determines if the organization has to, or chooses to, adopt legislation.
All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.
Partners with the Product Development Specialists to support their responsibility for Insurance Services Office (ISO), Selective proprietary, American Association of Insurance Services (AAIS) and National Council on Compensation Insurance (NCCI) rates, rules and forms.
Ensures a consistent business process and tools for product development as respects intake, tracking, review, materiality and decisions in terms of ISO and AAIS circulars and bulletins.
Recommends actions outlining pros and cons when considering options with regard to ISO and AAIS circulars.
Determine requirements needed to adopt circulars and reviews system ramifications of the circular/bulletins.
Collaborates with the Product Development Specialist regarding decisions, requirements and ramifications to Selective proprietary forms.
Maintains ownership of the profit & loss for assigned line of business.
Provides analysis for state and countrywide rate reviews as well as to aid regional partners in region and state level efforts at profitability improvement and profitable production by providing recommendations and support to drive the activity required.
Supports Product Development Specialists efforts to maintain inventory and accountability for governance of existing rates, rules and forms.
Includes oversight of delay/non-adopt ISO and AAIS circulars.
Manages line of business assigned for all corporate governance and compliance issues as assigned.
Receives and handles underwriting referrals from the field and/or corporate underwriting (where authority rests only with the LOB), utilizing underwriting expertise to advise the most appropriate solution or course of action in a timely manner.
Includes supporting the Product Development Specialist's analysis of existing manuscript endorsements, determination of acceptability based on clarity, accuracy, and compliance with each state's regulations.
Development of alternative solutions using filed forms, or provide alternative language that is compliant, clear, and concise.
Actively participates in supporting predictive model efforts relative to given line of business.
Assists with the creation and delivery of educational materials and training programs for agents, regional personnel and corporate underwriting to ensure thorough understanding of underwriting guidelines, issues and controls.
Participate in the Large Loss Review process and Quality Assurance Reviews as necessary.
Drafting analysis, insight and takeaways or action plans.
Provides exceptional customer service to agents, regional personnel, Product Development staff, corporate underwriting and other stakeholders as identified.
Requirements and
Qualifications:
Strong technical underwriting knowledge required.
Strong working knowledge of ISO, AAIS or NCCI and Independent State Workers Compensation Bureaus circulars and bulletins.
Ability to research and analyze coverage.
Good communication and collaboration skills.
Ability to manage a project.
Pro-active; driven; takes initiative Strong technical underwriting knowledge required.
Strong working knowledge of ISO, AAIS or NCCI and Independent State Workers Compensation Bureaus circulars and bulletins.
Ability to research and analyze coverage.
Good communication and collaboration skills.
Ability to manage a project.
Pro-active; driven; takes initiative.
Effectively manages and executes on the appropriate balance between strategic thinking and attention to detail.
5
years Commercial Underwriting experience.
The following experience is preferred:
oCollege degreeo3
years specific line of business experience.
o3
years Risk Management and/or reinsurance experienceo3
years Field Underwriting; and/or 3
years agency experienceSalary range:
$103,400 - $170,900.
The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint.
Additional considerations include the candidate's qualifications and experience.
Selective is an Equal Employment Opportunity employer.
That means we respect and value every individual's unique opinions, beliefs, abilities, and perspectives.
We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success.
Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion.
We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.
Selective maintains a drug-free workplace.
#LI-TT1#LI-Hybrid Recommended Skills Attention To Detail Business Processes Communication Customer Service Governance Laws Estimated Salary: $20 to $28 per hour based on qualifications.

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