National Interstate is looking for a Product Specialist to join their team. This individual will work fully remote from the USA
Essential Job Functions and Responsibilities
- Develops and leads the development of innovative products and solutions to drive premium volume growth and maintain the competitiveness and profitability of the product portfolio.
- Conducts comprehensive market research to identify trends, opportunities, and competitive landscape.
- Collaborates with underwriting, actuarial, and claims teams to design innovative insurance solutions and develop product specifications, pricing strategies, and policy language.
- Analyzes and interprets market data and customer feedback to identify opportunities for product enhancements and improvements and new product development.
- Develops and executes product strategies and roadmaps to achieve business goals and conducts detailed SWOT analysis to evaluate product strengths, weaknesses, opportunities, and threats.
- Develops product and rate revisions, underwriting guidelines, manuals, and procedures.
- Works closely with marketing, business development, and insurance operations teams to ensure successful product launches and ongoing product support.
- Develops and presents trainings regarding new products and product changes to internal teams and external agents.
- Stays updated on industry trends, regulatory updates, and market shifts to ensure the product strategy remains forward-thinking and competitive.
- May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
- Performs other duties as assigned.
Job Requirements
Education: Bachelor27s Degree in Business, Economics, Statistics, or a related field.
Experience: Generally, a minimum of 9 years of related underwriting or product experience. Completion of or continuing progress toward a professional designation preferred, including Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), Certified Licensing Professional (CLP) or other applicable designations.
Scope of Job/Qualifications: Advanced technical knowledge of insurance products and lines of business. Develops and maintains knowledge of industry laws and regulations. Advanced proficiency in interpreting competitive data and industry trends. Strong analytical skills with the ability to use data to inform decisions. Demonstrated decision-making ability and customer-centric mindset. Demonstrates excellent communication skills and ability to build relationships.Position may require occasional travel.
Company:
NIIC National Interstate Insurance Company
Salary Range:
$100,000.00 -$110,000.00
Benefits:
We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.
Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.
*Excludes seasonal employees and interns.
