Product Specialist

| Jersey City, NJ, USA
Sorry, this job was removed at 12:34 p.m. (CST) on Monday, June 24, 2024
Find out who's hiring in New York City, NY.
See all Product jobs in New York City, NY
Apply
By clicking Apply Now you agree to share your profile information with the hiring company.

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

US Underwriting Knowledge

  • >5 years Loss Control and/or insurance underwriting experience
  • In-depth knowledge of federal and state insurance regulations governing commercial insurance in the United States. Staying updated on any changes or updates to regulations that may impact product offerings.
  • Understanding of the specific needs and ability to identify emerging risks faced by businesses in the United States spread across different industries.
  • Familiarity with standard policy forms and endorsements used in the U.S. commercial insurance market.

US Insurance Market

  • Ability to navigate and interpret the complex regulatory landscape of the U.S. commercial insurance market. (Local, State and Federal)
  • Conduct thorough risk assessments to understand the unique challenges and opportunities in different industry sectors. (Emerging business types and insurance trends)
  • Tailor insurance products to address specific risks prevalent in the U.S. market.
  • Monitor competitors' product offerings, pricing strategies, and market positioning.
  • Ability to explain complex insurance concepts in a clear and understandable manner.
  • Adherence to ethical standards and understanding of legal obligations in the insurance industry. Mitigating legal risks associated with policy language and insurance processes.

Product Owner Experience

  • Strong critical thinking, analytical problem-solving and collaboration skills 
  • Excellent strategic and critical thinking abilities
  • Knowledge of Agile software development principles and use of the JIRA platform 
  • Working knowledge of tools such as Excel, Power BI, or Tableau to analyze and present data
  • The ability to extract critical business insights from large quantities of data 
  • Effectively communicate product features, benefits, and terms (ex. Mass Timber) to customers, risk engineering, actuarial and other internal stakeholders.


Qualifications

  • Possess both in-depth technical background weighted toward mobile, APIs, AI/ML, IoT, data analytics
  • Leverage data and analytics to identify patterns, assess risk probabilities, and enhance underwriting processes.
  • Use data-driven insights to refine and optimize insurance products for better performance.
  • Working knowledge of programming language such as C# and SQL is a plus

#LI-Remote

#LI-MV1

Additional Information

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We’re 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.


Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disabilityVerisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/ 



More Information on Verisk
Verisk operates in the Analytics industry. The company is located in Jersey City, NJ. Verisk was founded in 1971. It has 2129 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability insurance, Dental insurance, Vision insurance, Health insurance and Life insurance. To see all 118 open jobs at Verisk, click here.
Read Full Job Description
Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.

Similar Jobs

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about VeriskFind similar jobs