Product Development Lead - Commercial Auto

Commercial Auto Product Development Team Member

Verisk's ISO Commercial Auto Product Development division is looking for a highly motivated Commercial Auto Product Development team member who will conceptually and technically develop new and revised insurance programs in response to emerging issues and the changing commercial auto marketplace.

We look to this role for strategic thought leadership on Commercial Auto and Commercial Umbrella lines of business. You will use your understanding of coverages, markets, industries, legal and regulatory trends, our customers, and our competitors to gauge impacts on our insurance programs, provide actionable insights, and create new products and product enhancements. You will also collaborate with our product strategy leaders and compliance experts to react to emerging trends and create new insurance products and related information.

The better we know our customers, the better we can serve them. Customer focus will guide all aspects of your work. You will engage with customers and respond to their feedback with key developments while also developing products that anticipate their needs. This includes participating in panels and other customer forums, representing the products to customers, meeting with them individually and being a key customer resource. You may also represent us at industry conferences and with professional organizations, including preparing and giving presentations and authoring or co-authoring white papers or articles.

Responsibilities

As part of a small staff of line-of-business experts you will collaborate with all stakeholders by inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners. You will:

• Take an active role in the organization and development of multi-state filings;
• Organizing commercial auto panel meetings including compiling, organizing and distributing agendas and minutes;
• Facilitate legal review of product changes and enhancements; and
• Work with the actuarial department as necessary.

Within Verisk, this person works regularly with other departments including the Actuarial department, Compliance, Government Relations, Operational Support and Publication Support.

Qualifications

What We're Looking For:

• Bachelor's degree or equivalent experience.
• Minimum 5 to 10 years P&C insurance experience with strong knowledge of ISO commercial lines including robust knowledge of market, industry, and competitor trends.
• Excellent development and analysis of policy forms required.
• Proven research and analytical skills.
• Pro-active problem solver.
• Detail oriented.
• Excellent verbal and written communication skills.
• Experience building great internal or external customer relationships that focus on gaining actionable insights and forming collaborative partnerships with the goal of innovation, product improvement, or ease of use.
• CPCU, other industry designations, or law degree is a plus.
• Some travel may be required (up to 15%)

Why Verisk

At Verisk, we work with purpose to help build a more resilient world. Our culture is grounded in caring, learning, and results, and we're committed to creating an open, respectful, and supportive environment where people can do meaningful work and continue to grow their careers. We offer opportunities to collaborate with experts, contribute to industry-leading solutions, and make a measurable impact for customers and the broader insurance marketplace.

About Us

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

Verisk Businesses

• Underwriting Solutions provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision
• Claims Solutions supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences
• Property Estimating Solutions offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient
• Specialty Business Solutions provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance
• Catastrophe and Risk Solutions provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.
• Marketing Solutions delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement
• Life Insurance Solutions offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.
• Verisk Maplecroft provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.