Personal Auto Product Development Specialist

  • Full-time
  • Verisk Business: ISO
  • Hourly Rate - Max: Asaf Farashuddin

Company Description

ISO, a Verisk business, has been a leading source of information about property/casualty insurance risk since 1971. For a broad spectrum of commercial and personal lines of insurance, ISO provides statistical, actuarial, underwriting, and claims information and analytics; compliance and fraud identification tools; policy language; information about specific locations; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. To learn more about ISO please visit us at:  www.verisk.com/iso. We are proud to be a part of the Verisk family of companies! 

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.   

Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.  

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.  

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why we made a commitment to balancing 100 percent of our carbon emissions. It’s the aim of our “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers’ problems.   

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do. 

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career.  We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce. 

Job Description

Verisk’s ISO Personal Auto Product Development division is looking for a highly motivated Personal Auto Product Development team member who will conceptually and technically develop new and revised insurance coverage in response to the changing business environment.  

We will look to you for strategic thought leadership on Personal Auto and Umbrella lines of business, using 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 coverage 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, and develop 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. 

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

Qualifications

  • Bachelor's degree or equivalent experience. 

  • Mid-senior level P&C insurance experience, strong knowledge of Personal Auto insurance coverage required.  

  • At least 5 years of forms development, including drafting and analysis of policy forms, required. 

  • Proven research and analytical skills.  

  • Pro-active problem solver. 

  • 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. 

  • Presentation experience a plus. 

  • CPCU or other industry designations a plus. 

  • Some travel may be required (up to 10%) 

#LI-AO1

Additional Information

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 disability.

http://www.verisk.com/careers.html

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.

Consumer Privacy Notice

Privacy Policy