Commercial General Liability Product Development Lead

Job Description Verisk’s ISO Commercial Lines General Liability Product Development group is looking for a highly motivated Commercial General Liability Product Development Team member who will conceptually and technically develop new and revise existing insurance programs in response to the changing business environment.

This role requires competency in coverage analysis, including development of language to build new or enhance existing General Liability, Commercial Excess and Commercial Umbrella products. Previous experience in Underwriting or Product Development on these lines is a must. The ideal candidate is self-motivated, curious and resourceful, possessing the ability to research and present information, ideas and concepts to internal and external audiences. You will collaborate with our product strategy leaders and compliance experts to react to emerging trends and crate new insurance products and related information.

The better we know our customers, the better we can serve them. Customer focus will guide all aspects of your work. This includes presenting topics at the General Liability Panel meetings, attend in-person and remote meetings with client companies and participate in efforts to develop new educational materials that support our clients and our lines of business.

Responsibilities As part of a small staff of line-of-business experts, you will:

• Have an active role in the organization and development of General Liability, Umbrella and/or Excess Liability multi-state filings.
• Develop panel agenda topics as well as coordinate, contribute to, and present these items at panel meetings with our customers.
• Facilitate legal and actuarial review of product changes and enhancements, as necessary.
• Foster client engagement through relationship-building efforts. Coordinate in-person visits and teleconferences to share knowledge about and to gain client input on Verisk products and services.
• Work closely with and leverage the Emerging Issues Solutions Architect and compliance experts to develop industry leading solutions for emerging trends, issues, and concerns.

Qualifications

• Bachelor’s degree or equivalent experience.
• Minimum 5-10 years P&C insurance experience with strong knowledge of coverages in Commercial General Liability and Commercial Liability Umbrella/Excess required, including knowledge of the insurance market, industry and competitor trends for these lines.
• Experience in analysis and development of policy form language and multistate filings is required.
• Proven research and analytical skills.
• Pro-active problem solver.
• Detail oriented.
• Excellent verbal and written communication skills with presentation experience.
• Experience building internal or external customer relationships that focus on gaining actionable insights and forming collaborative partnerships with the goal of innovation, product improvement, or ease of use.
• CPCU, other industry designations, or law degree a plus.
• Some travel may be required (up to 15%)

About Us For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you’ll have the chance to use your voice and build a rewarding career that’s as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer, testaments to the value we place on workplace culture.

We’re 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

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