Senior Insurance Product Development Analyst

This position is listed on behalf of a partner company, who manages all applications and next steps. Our partner is looking for a Senior Insurance Product Development Analyst based in the United States.

The Senior Insurance Product Development Analyst will contribute to the development and enhancement of insurance products across multiple commercial property and specialty lines.
This role focuses on creating policy language, refining underwriting guidelines, and developing manual rules that help insurers deliver accurate and competitive coverage.
You will monitor regulatory and legislative developments to ensure products remain compliant and aligned with evolving industry standards.
Working closely with insurance professionals and cross-functional stakeholders, you will help identify emerging market trends and opportunities for product innovation.
The position combines insurance expertise, research, analytical thinking, and technical writing to improve product quality and customer satisfaction.
This is an opportunity to contribute to impactful insurance solutions while collaborating with industry experts in a remote work environment.

Accountabilities

You will support the technical development and continuous improvement of insurance programs, ensuring their relevance, quality, and alignment with market needs. Your main responsibilities will include:

Develop and update insurance policy language, coverage forms, and manual rules to introduce valuable enhancements and guide insurers in policy issuance and rating.

Research and analyze state and national legislation, insurance department bulletins, regulatory requirements, and case law to assess their impact on insurance products and insurer procedures.

Identify emerging insurance industry trends and contribute to product revisions and new development initiatives.

Prepare and present product proposals and recommendations to panels of insurers.

Collaborate with internal teams and external stakeholders to bring new and revised insurance products to market.

Respond to insurer inquiries across a broad range of insurance topics, providing accurate, timely, and well-researched guidance.

Work closely with Legal, Government Relations, Actuarial, and other stakeholders to incorporate diverse perspectives and ensure effective product development.

Build strong working relationships with colleagues, customers, and business partners to support continuous improvement and customer satisfaction.

Requirements

The ideal candidate combines practical property and casualty insurance knowledge with strong research, analytical, and communication skills. The following qualifications are expected:

Bachelor's degree or equivalent professional experience in the insurance industry.

At least 2 years of experience in Property & Casualty (P&C) insurance, preferably involving the analysis and development of insurance forms, underwriting rules, or rating structures.

Knowledge of ISO commercial property insurance products and coverage lines is an advantage.

Progress toward or completion of the Chartered Property Casualty Underwriter (CPCU) designation is a plus.

Excellent written and verbal communication skills, with the ability to explain technical insurance concepts clearly.

Strong research, analytical, and organizational abilities, combined with exceptional attention to detail.

Ability to interpret complex regulatory and legal information and assess its implications for insurance products.

Ability to work independently, manage multiple priorities, and contribute effectively within a collaborative team environment.

Benefits

Annual base salary ranging from $70,000 to $80,000, depending on geographic location, experience, knowledge, and skills.

Short-term incentive compensation eligibility.

Remote work arrangement offering flexibility.

Health insurance coverage.

Retirement plan.

Disability benefits.

Paid time off program.

Competitive total rewards package based on role, experience, skill set, and location.

Opportunities for professional development, coaching, and training.

Supportive workplace culture focused on collaboration, innovation, and career growth.