Sr. Product Specialist - Commercial Property

  • Full-time
  • Salary - Max.: $90,000.00
  • Disclaimer: Annualized base pay may vary depending on geographic location, job-related knowledge, skills, and experience.
  • Salary - Min.: $70,000.00
  • Verisk Business: ISO
  • U.S. State: New Jersey

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

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

We look to this role for strategic thought leadership on Commercial Property, Inland Marine and Output Policy 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. 

About the Day to Day Responsibilities of the Role

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 property multi-state filings;  
  • Organizing commercial property 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. 

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Qualifications

About You and How You Can Excel in this Role

  • Bachelor's degree or equivalent experience.  
  • Minimum 5 to 10 years P&C insurance experience with strong knowledge of coverages in Commercial Property, Inland Marine and/or Output Policy lines of business required 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 a plus.  
  • Some travel may be required (up to 15%) 

 

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

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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.

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