Commercial Lines Property Analyst

Company: Selective Insurance Group, Inc.
Location: Indianapolis
Posted on: June 12, 2021

Job Description:

Integrated with the Corporate Underwriting Commercial Lines of Business Functions (e.g. Auto, General Liability, Property, Inland Marine), the position supports Property/BOP profitability improvement and Property/BOP profitable growth initiatives. Understands rates, rules and forms relative to Insurance Services Office (ISO), Selective proprietary and American Association of Insurance Services (AAIS).

• Partners with the Product Development Specialists to support their responsibility for Insurance Services Office (ISO), Selective proprietary, American Association of Insurance Services (AAIS)
• Ensures a consistent business process and tools for product development as respects intake, tracking, review, materiality and decisions in terms of ISO, AAIS circulars and bulletins. Recommends actions (adopt / delay/non-adopt) with regard to ISO and AAIS circulars. Collaborates with the Product Development Specialist regarding decisions, requirements and ramifications to Selective proprietary forms
• Maintains ownership of the profit & loss for the Property/BOP 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 the SBUs, utilizing underwriting expertise to advise the most appropriate solution or course of action in a timely manner along with Property LOB Manager. This may include 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.
• Works with Property LOB Manager to create and provide educational materials and training programs for agents, regional personnel and SBUs to ensure thorough understanding of underwriting guidelines, issues and controls.
• Provides exceptional customer service to agents, regional personnel, Product Development staff, SBUs and other stakeholders as identified
• Other duties assigned

Requirements and Qualifications:

• Strong Property underwriting knowledge
• Strong working knowledge of ISO, AAIS circulars and bulletins
• Ability to research
• Ability to analyze coverage
• Ability to communicate needs and collaborate with core stakeholders to complete
• Ability to manage a project
• Pro-active; driven; takes initiative
• College degree preferred
• 7+ years Underwriting/Claims/Loss Control or other insurance-related experience

The following experience is preferred:

• 3+ years specific line of business experience
• 3+ years Risk Management
• 3+ years Field Underwriting and/or 3+ years agency experience

Selective is an Equal Employment Opportunity employer. Selective maintains a drug-free workplace.

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Keywords: Selective Insurance Group, Inc., Indianapolis , Commercial Lines Property Analyst, Other , Indianapolis, Indiana