Safepoint MGA, LLC

Manages property insurance underwriting and claims

Senior Commercial Product Development Analyst

Product ManagementConfirmed live in the last 24 hours

Full-timeTampa, FL, USANo salary listedIn-person

About the Job

Requirements

A minimum of 5–7 years of experience in the property and casualty insurance industry, focused on Commercial Lines.
Proficient knowledge of Insurance Services Office (ISO) Commercial Lines manuals and rating algorithms.
Proficient knowledge of ISO forms and coverages.
Proficient knowledge of property and casualty insurance.
Proficiency in program development and product filing across multiple states for both Personal and Commercial Lines.
Ability to clearly communicate verbally and in writing.
Ability to think critically, observe data, draw conclusions, and assess risk.
Ability to use various computer systems.
Ability to perform mathematical calculations.
Ability to generate and effectively communicate new ideas and products.
Ability to maintain organizational file structures.
Strong written and verbal communication, detailed analytical, facilitation, and negotiation skills.
Strong problem-solving skills, data and business process modeling, and ability to work effectively with cross-functional teams.
Strong knowledge of Microsoft Word and Adobe Acrobat.
Strong system organizational skills.

Responsibilities

Review and identify quality programs in the Personal and Commercial Lines markets, and compare them for competitiveness.
Identify product gaps and generate new ideas to grow market share.
Develop manuals and forms for filing as required by state, make filings using SERFF/IFile, and shepherd them through the process.
Work with management and actuaries on interrogatories and assist with rate filings.
Work closely with teams to deliver products with quick time-to-market.
Drive product launches by working with marketing, executives, underwriting, and customer service team members.
Research applicable state laws, bulletins, and statutes to review and amend forms for legislative compliance.
Maintain professional relationships and communicate with external vendors and legislators.
Maintain insurance rates and premium calculations.
Participate in business process management efforts to collect and analyze metrics and continually improve processes.
Participate in root cause analysis and recommend product or service enhancements or other appropriate actions to improve productivity for business units and third-party software vendors.
Complete assigned ad hoc analytical projects, which may include statistical reporting or agency management requests.
Perform other assigned tasks and projects.
Communicate technical ideas to a non-technical audience.
Operate standard office equipment, including computers, keyboards, phones, copiers, and filing cabinets.

Desired Qualifications

Previous experience working with state Departments of Insurance is strongly preferred.
CPCU or other insurance designations are strongly preferred.

The Senior Commercial Product Development Analyst will lead in identifying, designing, building, and rolling out insurance products, in multiple states, that deliver the company’s vision and strategy. This position will be working with cross-functional teams in a dynamic and fast-paced environment with a focus on Commercial Lines.

Duties and Responsibilities

Review and identify quality programs that exist in the Personal and Commercial lines markets. Compare them for competitiveness.
Identify and fill product gaps and generate new ideas that grow market share.
Develop manuals and forms for filing as required by state. Make filings using SERFF/IFile and shepherd through process.
Work with management and actuaries on interrogatories and assist with rate filings.
Work closely with teams to deliver with quick time-to-market.
Drive product launches including working with marketing team, executives, and underwriting and customer service team members.
Regularly research applicable state laws, bulletins, and statutes to review and amend forms for legislative compliance.
Maintain professional relationships and communication with external vendors and legislators.
Maintain insurance rates and premium calculations.
Identify and fill product gaps and generate new ideas that grow market share
Participate in business process management efforts to collect and analyze metrics and continually improve processes.
Participate in root cause analysis to recommend product or service enhancements or other appropriate actions to improve productivity for both the business units and third-party software vendors.
Complete ad hoc analytical projects as assigned which may include statistical reporting or agency management requests.
Other tasks and projects, as assigned.

Essential Functions

Ability to clearly communicate verbally and in writing
Ability to think critically, observe data, draw conclusions, and assess risk
Ability to use various computer systems
Ability to perform mathematical calculations
Ability to generate and effectively communicate new ideas and products
Ability to maintain organizational file structures

Qualifications

Minimum of 5-7 years’ experience in the P&C insurance industry with a focus on Commercial Lines
Proficient knowledge of ISO Commercial Lines manuals and rating algorithms
Proficient knowledge of ISO forms and coverages
Proficient knowledge of property and casualty insurance required
Previous experience working with state Departments of Insurance strongly preferred
CPCU or other insurance designations strongly preferred
Proficiency in program development and product filing in multiples states for both Personal and Commercial Lines
Excellent written and verbal communication, detailed analytical skills, facilitation, and negotiation skills
Strong problem-solving skills, data & business process modeling, and ability to work effectively with cross-functional teams
Strong knowledge of Microsoft Word and Adobe Acrobat
Strong system organizational skills

Safepoint MGA, LLC does not offer immigration sponsorship or support for this role. This includes serving as the immigration employer of record or providing documentation or assistance for work authorization processes now or in the future, including H-1B, OPT, STEM OPT, CPT, J-1, etc.

Physical Requirements and Working Conditions
While performing the duties of this job, the employee is regularly required to communicate technical ideas to a non-technical audience. The employee is regularly required to talk or hear. The employee frequently is required to sit for extended periods; stand; walk; use hands and fingers to handle or feel; and reach with hands and arms. Work is performed in an office environment and requires the ability to operate standard office equipment, such as computers, keyboards, phones, copiers, and filing cabinets.

Compensation and Benefits
We recognize that talented professionals are attracted to companies that provide a great place to work, combined with a comprehensive and competitive pay and benefits package, along with opportunities for personal growth and job advancement. For this reason we are pleased to provide:

Market Competitive Wages
Prof. Development and Educational Assistance Programs
Safe Harbor 401K Plan with Immediate Vesting and an Automatic Company Contribution
Paid Time-Off (Discretionary, PTO, Parental Leave, and others)
Company Paid Holidays
Health Insurance
Dental Insurance
Vison Insurance
Short and Long Term Disability Insurance
Flexible Spending Accounts with Company Contribution
Health Savings Accounts with Company Contribution
Employee Life and AD&D Insurance
Dependent Life and AD&D Insurance
Company paid AAA Membership
Company paid Identity Theft Protection
Other Ancillary Insurance Benefit Programs
And more…

Safepoint Insurance is an equal employment opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, sexual orientation, national origin, citizenship, age or disability. We assure you that your opportunity for employment with Safepoint depends solely on your qualifications.

Safepoint MGA participates in E-Verify. Information about E-Verify participation will be provided during the application process where applicable.

About the Company

Safepoint MGA, LLC

Manages property insurance underwriting and claims

Safepoint MGA manages underwriting, policy administration and claims for property and casualty insurers serving homeowners and commercial property owners. Its affiliated carriers sell coverage through independent insurance agents, with an emphasis on coastal markets in Florida and the Gulf Coast. The managing general agency supports Safepoint Insurance Company, Manatee Insurance Exchange and Cajun Underwriters Reciprocal Exchange across the insurance policy lifecycle. The broader platform earns service fees for managing insurance premiums, while its owned insurer also writes coverage on its own balance sheet. Founded in 2013, Safepoint MGA is based in Tampa, Florida.

Company size: 201-500
Company stage: Not listed
Total funding: Not listed
Headquarters: Tampa, FL
Founded: 2013

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