Senior Specialist, Product Development

Company Details

As an elite Excess and Surplus Lines market, Nautilus Insurance Group offers commercial property and casualty insurance solutions to appointed wholesale surplus lines producers countrywide. We have specialized in providing these solutions for more than 35 years.

We have more flexible policy terms and premium rates on a non-admitted basis. Our focus is small to medium Property and Casualty risks on both an admitted and a non-admitted basis.

Our offerings are distributed through partnerships with appointed wholesale surplus lines producers. Our relationships are defined by mutual success, speed to market, customer-centric focus and an expanded appetite.

Coverage placed by Nautilus Insurance Group is provided by Nautilus Insurance Company and Great Divide Insurance Company, both W. R. Berkley Corporation members with A.M. Best (Superior) A+ XV ratings.

Benefit Highlights:

• Paid Parental Leave! At Nautilus, we offer Childbirth Recovery Leave as well as Primary Caregiver Leave, for up to a maximum of 12 weeks of paid leave.
• Nautilus offers Medical, Dental, and Vision coverage options, along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices
• We help our employees feel secure by providing a 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance options.
• One of our core values is "Committed to Serve" and these aren't idle words. We provide every employee one paid day off per year to volunteer at a local charity. That's serving with a smile!
• We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry-Related Education and Exam programs.
• Can you hear us now? Employees are eligible for special cell phone service discounts with Verizon and AT&T. We've got a plum position for you! We participate in the Plum Benefits program offering employees cost-free access to thousands of exclusive travel and entertainment discounts.
• Flexible work arrangements
• On site newly renovated fitness center - free to use for employees. Yoga and other classes available for a nominal fee.

Responsibilities

Nautilas Insurance is seeking a Senior Specialist, Product Development, to join their team. This role is a technical role within product development to help drive the development of guidelines, new/updated products, forms, and maintain the health of the lines.

• Execute on tactical and strategic changes at the direction of the Line of Business leader to achieve operational plan objectives.
• Collects, documents, and analyzes data from a variety of sources to assist in the evaluation of new products, programs, initiatives, and market opportunities to drive production and profitability goals. This includes, but is not limited to: policy language, underwriting guidelines, and pricing. It also includes the support of projects including research development, testing and rollout, as needed.
• Assist with the development of forms for all three lines of business understanding the need to carve out the coverages, build coverage enhancements, and protect our portfolio.
• Facilitate guideline change requests at the direction of the line of business leader to respond to market changes, profitability concerns, or judicial changes.
• Supports the Product Development team in prioritizing projects and initiatives to ensure the organization's strategic and operational goals are met.
• Research, create and implement new or enhanced products, initiatives and market opportunities including form development, underwriting guidelines and pricing.
• Maintains professional relationships with internal and external customers.
• Act as a subject matter expert within the department to identify and provide training opportunities, provide business requirements to IT developers, and QA newly implemented product initiatives or projects.
• Collaborate with other departments, including but not limited to: Production Underwriting, Marketing, Actuarial, Strategic Operations & Solutions, and IT, to ensure successful implementation and communication of new initiatives and guideline changes.
• Assists in monitoring product line performance, including production, profitability, and auditing to ensure risk quality and help identify opportunities for growth.
• Maintains working knowledge of all Commercial Lines products and programs, risk appetite and underwriting philosophy.
• Additional responsibilities as requested by Product Innovation Leadership.

Qualifications

• Bachelor's Degree required.
• AIS, ASLI, AU or CPCU are preferred.
• 5-10 years of Commercial Property & Casualty insurance experience in an underwriting capacity required.
• 3 years of Commercial Lines Excess & Surplus experience preferred.
• Experience navigating ISO and other regulatory service organizations.
• Intermediate experience with Microsoft suite of products (Word, Excel, Outlook).
• Ability to multi-task and adapt to a fast-paced environment.
• Excellent oral and written communication skills.

Additional Company Details

The Company is an equal employment opportunity employer. We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role