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6 days
Not Specified
Not Specified
$30.05/hr - $53.91/hr (Estimated)
<p>Our Commercial Lines Product Management team is currently seeking a Specialty Product Analyst. The work arrangement for this position can be based on location (hybrid) or full remote. This is a full time, exempt role.</p> <p>POSITION OVERVIEW: Our Commercial Lines Product Management Organization is seeking a Specialty Product Analyst who provides leadership, support, guidance, and expertise to facilitate the development, maintenance, and implementation of specialty insurance products. This Product Analyst roll will specialize in the Management Liability space, focusing on Management Liability (includes: Directors and Officers, Employment Practices, and Fiduciary Liability coverages as well as Crime), Financial Institutions and Cyber. Product Analysts are responsible for multiple larger projects and accountable for reporting on and delivering progress within Line of Business/Product functions. Successful Product Analysts will possess subject matter expertise, intellectual curiosity, originality, and ingenuity to execute on assignments.</p> <p>IN THIS ROLE, YOU WILL:</p> <p>Demonstrate basic business acumen, which includes LOB and/or system knowledge. Responsible for new regulatory case review and determination of appropriate actions. Assist and support Product Managers during the Product Development Life Cycle, from the business & functional requirements phase to Product release including concept, scope, specifications, prioritization, product architecture, implementation, user acceptance testing, quality assurance, deployment, and maintenance. Maintain working knowledge and understanding of the insurance product lifecycle (PLC). Develop business requirements for form implementation for aligned LOB, as well as automation, testing, execution and defect resolution processes and strategies. Conduct baseline work. Be responsible for low complexity form drafting, including creation of the State Amendatory Endorsements and product/structure/process with guidance from the applicable product manager. Handle low complexity form objections from state departments of insurance with guidance from the applicable product manager.</p> <p>Collaborate on developing solutions and action plans to address opportunities related to projects and products.</p> <p>WHAT YOU NEED TO APPLY:</p> <p>Bachelor's degree or equivalent experience. 3-5 years of Specialty insurance experience preferred; or any combination of education and experience, which would provide an equivalent background.</p> <p>Demonstrates understanding of coverages/forms in one or more Specialty lines of business. Demonstrates a basic understanding of Commercial Insurance. Excellent oral and technical writing communication skills. Strong ability to influence strategic decisions that support corporate goals. Superior interpersonal skills which align with Hanover's CARE values</p> <p>This job posting provides cursory examples of some of the job duties associated with this position. The examples provided are not complete, and the position may entail other essential and job-related functions and responsibilities that employees will be required to perform.</p>
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