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Full-Time

Product Filing Analyst

Posted on 8/21/2024

SageSure

SageSure

501-1,000 employees

Specialized insurance for high-risk coastal areas

Financial Services

Mid, Senior

Remote in USA

Category
Product Management
Product Operations
Product
Required Skills
Communications
Requirements
  • 3-5 years of recent experience in state filings and/or regulatory compliance at an admitted property & casualty insurance carrier
  • Strong understanding of insurance principles and regulations, particularly in the property and casualty sector
  • Exceptional diligence and accuracy in documentation and ability to operate with minimal direction
  • Effective communication skills, both written and verbal, with the ability to interact confidently with internal and external stakeholders
  • Ability to manage multiple tasks simultaneously and prioritize workload effectively
  • Strong attention to detail, organizational skills and the ability to communicate with regulatory bodies as well as internal personnel at various levels
Responsibilities
  • Prepare, submit, and track insurance rate, rule, form, and underwriting guideline filings to state regulatory authorities working under minimal direction
  • Collaborate with internal stakeholders, including actuarial, product development, compliance and leadership to gather necessary information for filings and to ensure alignment with regulatory requirements
  • Confidently identify when additional support/help is needed from internal stakeholders in order to complete submission of the filing
  • Efficiently assign insurance department objections/comments to the appropriate stakeholder for handling; monitor the progress of those responses against imposed regulatory deadlines
  • Monitor SERFF to verify filings are being managed, follow-up with regulators as necessary for status
  • Assume primary responsibility for developing and maintaining a strategy for internal document management of shared artifacts, utilizing SharePoint file structure (this will evolve when and if tool set changes)
  • Monitor filing submissions, objections, and responses from competitors to understand any trends that can assist with SageSure’s submissions
  • Work on assigned rule manuals for creation and maintenance

SageSure provides insurance coverage specifically for homeowners and small businesses located in high-risk coastal areas. The company offers tailored insurance products that address the unique challenges faced by these markets, particularly in regions prone to natural disasters like hurricanes and floods. SageSure's approach involves employing a team of experienced professionals who have extensive backgrounds in underwriting, product development, and customer service, allowing them to offer expert guidance to clients. Unlike traditional insurers that often avoid these high-risk areas, SageSure focuses on filling the gap by providing competitively priced, high-quality insurance solutions. The company's goal is to ensure that clients in underserved markets have access to reliable protection, leveraging advanced technology and data analytics to accurately assess risks and maintain customer satisfaction.

Company Stage

Private

Total Funding

$800M

Headquarters

Jersey City, New Jersey

Founded

2009

Growth & Insights
Headcount

6 month growth

8%

1 year growth

21%

2 year growth

59%
Simplify Jobs

Simplify's Take

What believers are saying

  • SageSure's successful issuance of $1.2 billion in catastrophe bonds demonstrates strong financial backing and resilience.
  • The acquisition of GeoVera MGA enhances SageSure's capabilities in residential earthquake risk, expanding its market reach.
  • Partnerships with technology firms like Ecopia AI improve SageSure's precision in risk assessment and underwriting, leading to better customer service and operational efficiency.

What critics are saying

  • Operating in high-risk coastal areas exposes SageSure to significant financial losses from natural disasters.
  • The integration of acquired companies like GeoVera MGA may present challenges in aligning operations and corporate cultures.

What makes SageSure unique

  • SageSure specializes in high-risk, underserved coastal areas, a niche often avoided by traditional insurers.
  • The company leverages advanced technology and data analytics to accurately assess risks and competitively price its products, setting it apart from competitors.
  • SageSure's team of experienced professionals, many with over 30 years in the industry, provides expert guidance and support, enhancing client trust and satisfaction.

Benefits

Fully stocked cafés with free snacks and beverages

Lounges with shuffleboard, billiards and board games

Access to in-office gyms

Organized and ad hoc social events

Medical (HSA, EPO, PPO)

Dental

Vision

401(k) with company match

Profit-sharing bonus program

Life insurance

Short-term and long-term disability

Up to 160 hours of paid time off per year, plus floating holidays

Paid holidays

8 hours of volunteer time off per year

Gym reimbursement

Tuition reimbursement toward education, licensing and certifications

Employee assistance program with access to free and confidential counseling

INACTIVE