Policy Forms Analyst II

This is a fully remote position, open to applicants in United States.

📋 Description

• Draft and file necessary forms, ensuring compliance with system and regulatory standards as well as organizational guidelines.

• Develop business requirements and carry out user acceptance testing for form-related product modifications as they progress through the product revision cycle into production.

• Conduct UAT (user acceptance testing) to confirm that specific changes for forms are functioning as intended.

• Assess content, accurately format it, and coordinate references to related forms.

• Assist in creating policy form language as required.

• Investigate and analyze state insurance laws, regulations, bulletins, and competitor offerings.

• Implement form modifications promptly and accurately to ensure compliance and deliver competitive products in the marketplace.

• Review claims files and collaborate with various claims team members to ensure adherence to policy guidelines and limitations.

• Monitor claim activities and loss ratios to identify emerging trends.

• Engage in new product research and development as necessary.

• Audit production following system updates for all policy forms throughout the policy life cycle.

• Provide coverage analysis for underwriting, product teams, and carriers when addressing urgent issues in the current market.

• Assist with the manual editing of forms for tickets lacking immediate fixes. (When form updates necessitate manual edits, execute those modifications accordingly).

• Help recover policies when issues are identified within the system.

• Develop business requirements and presentations to support user training and system implementation.

⛳️ Requirements

• Bachelor’s degree or equivalent relevant work experience in the insurance sector.

• A minimum of 4 years of experience in personal lines, homeowner’s product development, commercial lines, underwriting, claims, or related fields.

• Experience in drafting language for policy forms and endorsements is advantageous.

• High level of familiarity with ISO forms typically used in homeowners, dwelling fire, or commercial residential programs is preferred; ability to learn the language quickly.

• Demonstrated capability to conduct testing of product rules and form modifications through the UAT cycle is a plus.

• Experience in coordinating and maintaining essential compliance documentation for product revisions.

• Strong project management skills, with the ability to prioritize and manage multiple projects simultaneously, often under tight deadlines.

• Proven ability to thrive in a fast-paced environment while maintaining a high level of accuracy and attention to detail.

• Excellent oral and written communication skills for engaging with team members, company leaders, carrier partners, agents, and regulators.

• Proficient in developing and executing a product plan with timelines, metrics, and quality standards.

• Skilled in Word, Adobe, Nitro, and Excel.

• Superior research capabilities.

• Previous experience working with offshore teams is a plus.

🏝️ Benefits

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance

• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement

• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services

• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts, and more.