Product Development Analyst
NJM Insurance Group
full-time
Posted on:
Location Type: Hybrid
Location: Trenton • Connecticut • Maryland • United States
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Salary
💰 $101,415 - $117,837 per year
About the role
- Designs, develops and implements insurance products through state product filings
- Serves as subject matter expert for assigned line(s) of business
- Revising, creating or withdrawing NJM proprietary forms
- Answering line of business related questions from operations, underwriting, sales, marketing or other areas
- Acting as a resource to the other areas of Commercial Lines
- Researching information for various parties relating to competitive filings for forms, rules and rates
- Reviewing upcoming product revisions to ISO products, suggesting revisions to NJM products for enhancement
Requirements
- Bachelor’s degree
- Minimum of 6 years of experience in the P&C Insurance industry and/or the product development field; or equivalent combination of education and experience
- Strong analytical and quantitative skills
- Strong industry knowledge, including commercial lines marketing, pricing and product philosophies
- Collaborative focus - does well working with other departments and building relationships
- Strong critical thinking and problem solving skills
- Ability to review moderately complex issues and develop solutions
- Must have initiative and be a self-starter
- Must have strong interpersonal skills and be able to build commitment to decisions
- Strong Verbal and Written Communication Skills
- Experience gathering business requirements and working collaboratively with Information Technology and Business teams
Benefits
- 401(k) with employer match up to 8%
- Additional service-based contributions
- Health insurance
- Dental insurance
- Vision insurance
- Life and Disability coverage
- Generous PTO
- Paid Sick Leave
- Paid parental leave in addition to state-mandated leave
- Eligible for discretionary bonuses
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
product developmentstate product filingsISO productscompetitive filingsanalytical skillsquantitative skillsbusiness requirements gatheringproblem solvingcritical thinking
Soft Skills
collaborative focusinterpersonal skillsverbal communicationwritten communicationinitiativeself-starterrelationship buildingcommitment to decisions
Certifications
Bachelor's degree