The Product and Compliance Analyst is a key role to ensure our policy forms are accurate, in compliance, producing effectively and supporting our company’s goal to offer a competitive coverage product. This Insurance product specialist works closely with Actuarial, Underwriting, Marketing, and Claims to develop forms, product manuals, product comparisons and product communications.
Key Functions will include but not be limited to:
- The Product Analyst is responsible to create and enhance the company’s product including, but not limited to, forms, manuals, member policy package, implementation of forms, etc., to ensure competitiveness in the marketplace.
- The Product Analyst will draft and prepare filings and responses to negotiate approval for form and rule filings with the Department of Insurance (DOI) and Office of Insurance Regulation (OIR) through to completion.
- They will perform competitive research of primary competitors for opportunities for improvement.
- The Product Analyst interprets insurance forms, statutes, rules, regulations, develops conclusions, and makes recommendations.
- They perform analysis of existing forms and manuals on a regularly schedule basis for effectiveness.
- Research and analyze external information sources to provide updated, accurate competitive analysis including rates, guidelines, and forms coverage information.
- Compile, analyze and report on product market trends to assist in determining product strategy.
- They perform User Acceptance Testing for accuracy of enhancements and modifications of forms installations, identify, document and report discrepancies found.
- The Product Analyst works independently and manages projects and assignments and prioritizes workload to ensure deadlines are met.
- They perform all responsibilities using established department processes, quality control procedures and checklists.
- The Product Analyst effectively manages medium-large projects simultaneously to completion, while meeting deadlines.
- They perform program audits as needed and required.
- Other duties as assigned.
- This position is in Jacksonville FL and in office Monday-Thursday with Friday an optional work from home day.