Insurance Forms and Rates Analyst

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Requirements:

• 2+ years of experience in homeowner insurance forms, coverage, and regulations.
• 1+ years of relevant insurance product and functional experience within homeowners insurance.
• Proficiency in analyzing policy language, interpreting legal documents (insurance statutes), and basic data analysis (Excel).
• Detail-oriented, adaptable to fast-paced environments, with excellent communication and cross-functional collaboration skills.
• Eagerness to learn rate analytics and Florida-specific filing requirements.
• Experience in a fast-paced, dynamic environment, with the ability to adapt to changing regulatory and business needs.
• Excellent communication and negotiation skills, particularly when working with regulatory agencies.

Responsibilities:

• Prepare and submit form filings to state Departments of Insurance, ensuring timely approval and compliance with state-specific requirements.
• Engage with state regulators to negotiate form approval when needed, ensuring all submissions meet regulatory standards.
• Define and test form generation criteria for accuracy and compliance with regulations and business needs.
• Refine policy language and align with business goals, leading cross-functional teams (product management, claims, legal, compliance).
• Work on developing new forms for coverages such as ADUs, ensuring regulatory adherence.
• Collaborate with engineering to develop business requirements for forms and manage implementation, maintaining compliance throughout the process.
• Drive process improvements and structural changes to enhance form development and compliance efficiency.
• Read and interpret insurance statutes to ensure all forms and processes are compliant.
• Participate in audits and market conduct exams to ensure regulatory compliance.
• Assist product management with competitive coverage and rate analysis to enhance offerings.
• Develop analytical skills to support rate analysis as the role evolves.
• Perform basic data analysis using Excel, ensuring data integrity and compliance with relevant regulations.
• Assist in preparing and submit rate and rules filings to state Departments of Insurance, ensuring timely approval and compliance with state-specific requirements.