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Full-Time

Senior Insurance Rates Compliance & Controls Analyst

Confirmed live in the last 24 hours

SageSure

SageSure

501-1,000 employees

Specialized insurance for high-risk coastal areas

Financial Services

Senior, Expert

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Sales
Communications
Requirements
  • 5+ years of experience with residential property insurance products including rates and filings.
  • Experience with CAS Exam 5 material
  • Demonstrated experience identifying and resolving quality issues with residential property products across rates and rules.
  • Understanding of development processes, and how they relate to defect prevention.
  • Familiar with business requirements and plans, and how that relates to traceability from a quality perspective.
  • Significant experience with Personal Lines Forms, Rates, and UW Rules.
  • Understanding of industry standards and regulatory requirements.
  • Experience with insurance policy administration and sales and service systems.
  • Excellent written and verbal communication skills, with the ability to convey complex issues and solutions appropriately for different audiences.
  • Strong attention to detail and demonstrated critical thinking and problem-solving skills.
  • Ability to thrive in a fast-paced environment with a demonstrated sense of urgency.
  • Ability to meet deadlines and manage large volumes of work throughout an organization.
Responsibilities
  • Review and understand existing product filings, particularly rates and rules.
  • Evaluate the existing rates regression test suite, identify gaps and collaborate with the QA team to address.
  • Conduct testing on existing products to identify rates-related quality issues.
  • Test in-flight rates for new products or product changes to identify quality issues.
  • Provide subject matter expertise to the business analysis and engineering functions to improve quality outcomes.
  • Coordinate with Product Development & Actuarial to significantly improve product knowledge within our QA function.
  • Conduct User Acceptance Testing (UAT) for new products from the perspective of an insurance subject matter expert.
  • Ad-hoc duties and initiatives as they arise

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