CompanyAXIS Capital
Website
LocationHybrid (3 Day Options) Red Bank, New Jersey; Princeton, NJ; Chicago IL; Alpharetta, GA
SalaryCurrently base salary in the range of $85k to $115k. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
To Apply, email [email protected]
Product Analyst
Description
We are currently seeking a dedicated professional to join us in a pivotal role collaborating with our AXIS Accident & Health (A&H) underwriters. Your main responsibilities will include designing, drafting, and maintaining policy forms and endorsements for both new and existing products. Your expertise will ensure that policy terms align with underwriting objectives and comply with state regulations.
This position offers a dynamic environment where you will engage with key stakeholders from various departments within AXIS, such as underwriting, legal and compliance, actuarial, and claims. Your contributions will play a vital role in supporting our business units to maintain competitive product forms aligned with approved filings.
The ideal candidate will possess a deep understanding of Accident & Health insurance form requirements, with proficiency in leisure Travel, Pet insurance, and Employer Stop Loss. Attention to detail, analytical acumen, and a strong sense of personal responsibility are essential qualities for success in this role.
Resume Information
What will you do in this role?
• Effectively and efficiently draft policy forms to facilitate business objectives within established timelines.
• Assist in the Product Development process for new products, product re-writes, and endorsements from end-to-end, including:
• Draft language for new products and product enhancements.
• Analyze and develop expertise of state-specific language requirements.
• Work with A&H compliance/legal, underwriting, actuarial, claims and operations staff to ensure product, product drafts and amendments meets internal and
state requirements.
• Create and maintain product issue instructions for proper issuance of MGU (Managing General Underwriter) forms for approved products.
• Conduct research and provide competitive analysis on accident & health products and policy form language.
• Assist in review of product proposal output and marketing materials.
• Assist with maintenance of forms library.
• Assist in the delivery of products for filing submissions.
• Review, respond and negotiate approval of form objections from state insurance departments during the filing submission process.
• Research general subject matter requests as necessary using on-line resources inclusive of insurance law applications and other available resources.
• Lead and manage projects related to form development and implementation.
• Track and report on the status of form related projects.
What you need to have:
• Bachelor’s degree coupled with relevant Product Analyst experience is required.
• 7 to 10 years prior Accident & Health insurance product drafting experience (preferably supplemental A&H products).
• Ability to effectively draft policy wordings to facilitate business objectives.
• Ability to self-start own tasks, lead and manage projects related to form development and implementation.
• Familiarity with A&H state filing and regulatory requirements.
• Ability to quickly analyze complex problems and create timely solutions.
• Ability to collaborate with various team/departments.
• Strong project management skills.
• Excellent oral and written communication skills.
• Proficiency with Microsoft Office Suite applications
What we prefer you to have:
Juris Doctorate
To Apply, email [email protected]