Product Development Lead - Commercial Auto

Description

Verisk’s ISO Commercial Auto Product Development division is looking for a highly motivated Commercial Auto Product Development team member who will conceptually and technically develop new and revised insurance programs in response to emerging issues and the changing commercial auto marketplace.

We look to this role for strategic thought leadership on Commercial Auto and Commercial Umbrella lines of business. You will use your understanding of coverages, markets, industries, legal and regulatory trends, our customers, and our competitors to gauge impacts on our insurance programs, provide actionable insights, and create new products and product enhancements. You will also collaborate with our product strategy leaders and compliance experts to react to emerging trends and create new insurance products and related information.

The better we know our customers, the better we can serve them. Customer focus will guide all aspects of your work. You will engage with customers and respond to their feedback with key developments while also developing products that anticipate their needs. This includes participating in panels and other customer forums, representing the products to customers, meeting with them individually and being a key customer resource. You may also represent us at industry conferences and with professional organizations, including preparing and giving presentations and authoring or co-authoring white papers or articles.

Responsibilities

As part of a small staff of line-of-business experts you will collaborate with all stakeholders by inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners. You will:

•    Take an active role in the organization and development of multi-state filings; 
•    Organizing commercial auto panel meetings including compiling, organizing and distributing agendas and minutes; 
•    Facilitate legal review of product changes and enhancements; and
•    Work with the actuarial department as necessary. 
Within Verisk, this person works regularly with other departments including the Actuarial department, Compliance, Government Relations, Operational Support and Publication Support.

Qualifications

•    Bachelor's degree or equivalent experience. 
•    Minimum 5 to 10 years P&C insurance experience with strong knowledge of ISO commercial lines including robust knowledge of market, industry, and competitor trends. 
•    Excellent development and analysis of policy forms required.
•    Proven research and analytical skills. 
•    Pro-active problem solver. 
•    Detail oriented. 
•    Excellent verbal and written communication skills. 
•    Experience building great internal or external customer relationships that focus on gaining actionable insights and forming collaborative partnerships with the goal of innovation, product improvement, or ease of use. 
•    CPCU, other industry designations, or law degree is a plus. 
•    Some travel may be required (up to 15%)

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