Full-Time

Product Development Analyst

Confirmed live in the last 24 hours

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Compensation Overview

$84.5k - $99.5k/yr

+ Bonus

Junior, Mid

No H1B Sponsorship

Chicago, IL, USA

Category
Product Management
Product
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • College degree and/or equivalent work experience.
  • Insurance educational studies such as IIA and CPCU.
  • Demonstrable experience in previous product development with a minimum of 2 years commercial property and casualty (Standard, Specialty, and Excess & Surplus Lines) product development experience preferred.
  • Very strong written and verbal communication skills; detail orientation; problem-solving skills, project management (non-IT); knowledge of regulatory/compliance functions.
  • Experience with ISO Commercial Lines Manuals; ISO Circular analysis; knowledge of ISO, NCCI, and AAIS web resources.
  • Knowledge of contracts and legal basis of insurance.
  • Proficient in the use of computer applications including Word, Excel, PowerPoint, and Outlook.
  • Knowledge of underwriting issues concerning Property & Casualty lines.
Responsibilities
  • Develop/revise contractual forms/endorsements and manage/maintain the company’s portfolio of forms for a variety of commercial insurance lines in support of Underwriting Business Unit initiatives.
  • Collaborate with Underwriting Business Units to create enhancements and revisions to their products.
  • Maintain the Company’s forms library regarding 'state of the art' criteria, and in consideration of market needs, regulatory changes, case law, and in compliance with insurance laws in all 50 states and the District of Columbia (admitted lines of business).
  • Analyze ISO Circular information and create revisions to forms when needed.
  • Collaborate with Underwriting Business Units to write rules of application for forms, for use in rule manuals and policywriting systems.
  • Evaluate and analyze new insurance products and arrange for implementation/integration into the Company’s forms portfolios, issuance systems, and Rate/Quote/Bind processes.
  • Function as Project Manager for major product revision/implementation actions, including coordination of activities for Underwriting, Regulatory Compliance, Actuarial, Implementation Team, Claims, Marketing, and Operations, and interface with IT.
  • Other duties as assigned.
Desired Qualifications
  • 2 years of commercial property and casualty (Standard, Specialty, and Excess & Surplus Lines) product development experience preferred.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. Their products cater to clients in high-risk industries such as construction, marine, and energy, where standard insurance policies may not suffice. Argo's approach involves underwriting insurance policies, managing claims, and investing the premiums collected to generate returns. This focus on niche markets allows Argo to offer expert risk assessment and management services that set it apart from competitors. The company's goal is to ensure mutual success through tailored coverage while actively engaging in corporate responsibility initiatives, promoting an inclusive workplace, and fostering community relationships.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital transformation aligns with Argo Interactive's mobile services.
  • Parametric insurance products offer innovation opportunities in Argo's niche markets.
  • Growing ESG importance aligns with Argo's sustainable practices and corporate responsibility.

What critics are saying

  • Leadership changes may disrupt operations and client relationships.
  • Departure of key personnel to competitors may weaken Argo's competitive edge.
  • Brookfield Reinsurance acquisition could alter Argo's business model or strategic priorities.

What makes Argo Group unique

  • Argo specializes in niche markets like construction, marine, and energy sectors.
  • The company offers tailored insurance solutions for unique or complex risks.
  • Argo's commitment to corporate responsibility enhances its reputation and client relationships.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Caregiver Leave

Paid Parental Leave

Paid Bereavement Leave

Military Leave

Employee Assistance Program (EAP)

Wellness Program

Employee Referral Bonus

Company News

Insurance Journal
Mar 24th, 2025
Argo Group Promotes CFO Donahue to CEO; Chan Now CFO

Argo Group promotes CFO Donahue to CEO; Chan now CFO.

Reinsurance News
Mar 24th, 2025
Argo names Chris Donahue as CEO

With this is mind, David Chan has been named as Argo's Chief Financial Officer, having served as Argo's Chief Accounting Officer since 2022.

Stock Titan
Feb 19th, 2025
Willis appoints Helen Campbell Head of Property Wordings in North America

Campbell joins from Argo Group, where she served as Senior Vice President and Head of Contract Wordings.

The Royal Gazette
Oct 16th, 2024
Kevin Madigan joins Argo Group

Bermuda market veteran Kevin Madigan has been appointed as head of Capital Management at Argo Group.

Earnix
Oct 9th, 2024
Earnix Appoints US Insurance Leader Jessica Buss to its Board of Directors

Jessica Buss joined Argo Group in August 2022 as Chief Executive Officer, where she is responsible for setting the strategic direction for the company and managing its overall operations.