Product Development Analyst jobs in Virginia

Kinsale Insurance is an Excess & Surplus lines insurer specializing in hard-to-place, small to medium-sized commercial accounts. We are hiring a Product Development Analyst to join our team and enhance our forms and product lines.  We work onsite at our new building in Richmond, VA where you can collaborate with Underwriting, Compliance, IT and our Claims Legal teams. 

Responsibilities:

Analyst will be responsible for research, development, and drafting of new or revised multi-state insurance forms that convey underwriting intent, exhibit market competitiveness, and incorporate clear language for the successful resolution of claims. Researching competitor and bureau forms and form changes to assist in determining impact on existing forms and to make recommendations for new and revised forms. Participates in meetings with Underwriting, Compliance, IT, and Claims Legal teams as needed. In addition, the Analyst will be responsible for:

• Reviewing and preparing draft manuscript forms as requested by Underwriting
• Converting forms into multiple formats without loss of data or formatting
• Integrating forms into company applications without loss of data or formatting and with accurate functionality and mapping across multiple applications
• Maintaining the form directory and master form list in real time with new form releases and updates
• Preparing communications regarding form management to Underwriting and business leadership
• Researching potential new product opportunities
• Continuing to participate in educational opportunities to improve product knowledge

Qualifications:

• Extensive work experience in property and casualty insurance, and experience in excess and surplus lines preferred
• Advanced knowledge of product development, including drafting and reviewing insurance forms, endorsements, and other similar documents
• Ability to conceptualize and create insurance forms and endorsements
• Detail oriented and ability to follow set formatting guidelines
• Ability to work efficiently in a collaborative team setting
• Project management experience preferred
• Proficient in all standard business software applications including Microsoft 365, and MS Word

Education and Certifications:

• Four-year college degree

• CPCU or other advanced insurance/compliance certification a plus

At Kinsale we offer the following great benefits:

• Competitive salary with performance-based bonus opportunities
• Single and family health, dental, and vision insurance plans with a generous percentage of maximum HSA funds contributed by the company
• Short-term and long-term disability
• Life insurance
• Matching 401(k), fully vested from first day of contribution
• Generous paid time off and holidays
• Yearly reimbursement for educational training and development opportunities
• Promotion from within the company with clear goals and developed career paths