Full-Time

Senior Insurance Rates Compliance & Controls Analyst

Posted on 9/4/2024

SageSure

SageSure

501-1,000 employees

Specialized insurance for high-risk coastal areas

Social Impact
Financial Services

Senior

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Python
Postman
Java
JIRA
Confluence
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.
  • Experience using TestRail, JIRA, Confluence and SmartSheet.
  • Experience with, or interest in learning, APIs, Postman, Java, or Python.
  • Bachelor’s degree in a math or IT-related area or equivalent experience.
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 offers insurance coverage for homeowners and small businesses in high-risk coastal areas, focusing on regions often neglected by traditional insurers. The company provides tailored insurance products that address the unique challenges of these markets, particularly those affected by natural disasters like hurricanes and floods. With a team of experienced professionals, SageSure uses advanced technology and data analytics to accurately assess risks and price its products competitively. The goal is to ensure that clients in underserved areas have access to reliable and affordable insurance solutions.

Company Stage

Debt Financing

Total Funding

$800M

Headquarters

Jersey City, New Jersey

Founded

2009

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of GeoVera expands SageSure's offerings to include earthquake insurance.
  • Increased demand for catastrophe bonds aligns with SageSure's active market participation.
  • Rising remote work trends present opportunities for new home office insurance products.

What critics are saying

  • Integration challenges from GeoVera acquisition may impact operational efficiency.
  • Increased competition in coastal insurance could affect SageSure's market share.
  • Collaboration with Markel may increase risk exposure in high-risk areas.

What makes SageSure unique

  • SageSure specializes in high-risk coastal markets, often overlooked by traditional insurers.
  • The company uses advanced technology for accurate risk assessment and competitive pricing.
  • SageSure offers over 50 insurance products through a vast network of 11,400 producers.

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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