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Job Details

Senior Product Support Business Partner - Aviation

Experience
5 yrs required

Location
New York City, NY, United States

Posted on
Sep 21, 2020

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Senior Product Support Business Partner – Aviation
The candidate will support the business in ensuring compliance with US state law, including creating and maintaining rates, rules, and policy forms, maintaining compliance with US state law and regulation changes, and being the point of contact to ensure all regulatory compliance activities (e.g., market conduct support, data calls, surcharges, etc.) are addressed in a timely and thorough manner. Work closely with the business and actuarial to create/update/maintain rate, rule and forms for submission to state departments of insurance by Government & Regulatory Affairs (GRA). Address filing objections, etc., to achieve approval in all target states. Coordinate with Actuaries to develop actuarial pricing as related to state regulatory requirements, with an ability to pull and interpret data from various applications such as Risk Browser or Global Genius. Perform policy form/endorsement writing, as well as read/understand state regulations and be able to translate them into policy wording for issuance as required, including sending the final form to GRA for filing. Perform manuscript policy form reviews and/or interpret/write new wordings in conjunction with Underwriting, Claims and Legal. Perform product development work/new coverages to be proactive in the market. Perform timely competitor manuscript form reviews and conduct training with team. Provide business level support for market conduct examinations, including assisting in the response of inquiries and overall organization and coordination from the business standpoint. Handle data call requests, reporting and surcharge related activities, ensuring data quality and completeness. Review law and regulatory changes to determine what changes are needed in the business and implement accordingly. Review Non-Disclosure Agreements and Confidentiality agreements and act as consultant on the same. Manage other projects/perform other duties, as needed. Bachelor’s Degree in Business Administration/Mathematics/Legal/Finance and/or Actuarial background; 5 years of experience in product/form/endorsement development; Experience with pricing/rate/rule development; State Regulatory Compliance/product filing creation experience, with an ability to work in partnership with multiple departments to ensure all products/rates are filed and approved, where required; Strong background with State regulatory compliance/interaction with state regulators; Data analysis experience; Project management skills, with an ability to organize projects to ensure all roles are clear and all deadlines are met in a positive and productive manner; Work with actuarial to ensure proper pricing of products and creation of rates and rules; written and verbal communication skills, with an ability express ideas and messages clearly; Ability to analyze highly complex data and information, from multiple sources, in detail; and Ability to work in partnership with multiple departments to ensure all products/rates are filed and approved, where required.

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