Product Analyst

Job Summary:
The incumbent in this position has experience in the health/accident insurance field specifically in development and management of product form filings for disability, specified disease and medical. The analyst will coordinate and perform state policy filing activities and ensure company compliance with federal and state regulations.
Minimum Qualifications:
• Bachelor’s or Associate’s degree, or equivalent experience
• 3 years’ experience in the health/accident insurance regulatory/state filings field
• Experience with student health, voluntary products including critical illness, short term disability, group life and individual products a plus.
• Very strong written and verbal communication skills.
• Highly developed organizational and analytical skills.
• Ability to understand and interpret state and federal laws and regulations
• Strong analytical, problem-solving and decision-making skills
• Able to work in a self-directed manner with complex issues
• Multi-tasking and detail orientation skills.
• Training and experience using SERFF, IFile and CMS systems.
• Skilled with the Microsoft Suite Office products.
• Demonstrated listening and problem resolution skills.
• Ability to work in a fast-paced and intense working environment.

Essential Job Duties and Responsibilities:
• Be an active participating member of the Product Team.
• Prepare and manage multiple form and rate filings in SERFF, IFile and CMS systems.
• Respond to objections, seek appropriate clarifications, and negotiate filing approvals directly with state and federal regulators.
• Monitor changes to laws and regulations and develop forms to ensure compliance.
• Monitor insurance department and form rate, rate and rule changes.
• Conduct state-specific legal research and monitor changes to mitigate risks and effect compliance of existing products.
• Support the collection of data for regulatory and product filings.
• Work closely with other departments (underwriting, actuarial, IT, sales) to monitor and communicate filing methods and procedures to ensure rate and form filings in use are accurate and current.
• Organizes and maintains product files making sure that all necessary documentation is contained within the appropriate file.
• Conduct on-line legal and regulatory research in fifty states and federal.
• Serve as resource to others.
• Draft policies and procedures and work with business departments on updating policies and procedures.
• Assist with policy output reviews associated with product changes.
• Manage special assignments and projects to a timely completion.
• Attend appropriate meetings as a representative of the Product Team.
• Other projects and duties as directed.

Reports to: Product and Regulatory Filings Manager

• Bachelor’s or Associate’s degree, or equivalent experience
• 3 years’ experience in the health/accident insurance regulatory/state filings field
• Experience with student health, voluntary products including critical illness, short term disability, group life and individual products a plus.
• Very strong written and verbal communication skills.
• Highly developed organizational and analytical skills.
• Ability to understand and interpret state and federal laws and regulations
• Strong analytical, problem-solving and decision-making skills
• Able to work in a self-directed manner with complex issues
• Multi-tasking and detail orientation skills.
• Training and experience using SERFF, IFile and CMS systems.
• Skilled with the Microsoft Suite Office products.
• Demonstrated listening and problem resolution skills.
• Ability to work in a fast-paced and intense working environment.