Product Specialist --- Commercial Lines
Company: Merchants Insurance Group
Location: Buffalo
Posted on: August 5, 2022
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Job Description:
Product Specialist --- Commercial Lines Buffalo, NY Merchants
Insurance Group, is a leading Property and Casualty Insurer in the
Northeast, and is looking for an experienced Product Specialist for
our Product Management team to join our Corporate Headquarters
located in Buffalo, New York Corporate Office. Merchants Insurance
Group is proud to be named a ---Fast Track--- company for the 3rd
year in a row by Buffalo---s Business First and has recently been
named as one of Ward's top 50 performing insurance companies in the
United States for the 2nd year in a row. Ward's is the provider of
benchmarking and best practices for the insurance industry. They
analyze staff levels, compensation, business practices and expenses
for all areas of company operations. The well-being of our
colleagues, both current and future, is Merchants Insurance
Group---s highest priority. At this time, our colleagues are
working a Hybrid work schedule. The Hybrid work schedule requires 8
full days per month in the office, with the option to work the
remaining days per month at home or in the office. This exciting
new Hybrid Work benefit will offer colleagues a flexible work
schedule with the ability to remain connected with your Merchants
team and colleagues. The Product Specialist will become part of a
dedicated Product Management team focusing on assisting the Product
Manager with research, product and competitor analysis, definition
of new products and product enhancements including
coverage/endorsement needs, exposure analysis, rating plans,
marketing opportunities and training needs for the assigned line of
business. Essential Duties and Responsibilities include, but are
not limited to: Provides support to the Product Manager in the
management of the assigned line(s) of business by monitoring and
analyzing results, monitoring and analyzing competitor information,
implementing corrective underwriting action and development of new
products and enhancements. Works with the Product Manager to manage
the rate review process for the assigned line of business to assure
compliance with all state requirements and timely implementation
and communication of rate and/or product changes. Participates in
the systems design process for customer-facing quoting platforms to
ensure high quality user experience and top quality underwriting
integrity. Manages the circular review process including the entry
of data to monitor bureau circular activity along with the status
of Company adoptions. Qualifications & Skills: Qualified candidates
will have a 4 year degree or equivalent work related experience.
Minimum of 3 years insurance company experience. CPCU or other
related coursework/designation(s) desired. Excellent verbal and
written communication skills. Organizational skills. Strong PC
skills including Word and Excel are required. Merchants Insurance
Group Benefits: Welcoming and positive work environment. Flexible
work arrangements, including flex scheduling and summer hours.
Hybrid work schedule. The Hybrid work schedule will require 8 full
days per month in the office, with the option to work the remaining
days per month at home or in the office. Competitive pay scale.
Generous paid time off package. Full Benefits: Health, Dental,
Vision, Life Insurance, Short Term Disability, 401(k) employer
match amount is 100% up to 6% of your annual contributions. You are
immediately 100% vested in the employer match dollars. Two
Outstanding company bonus program. Tuition Reimbursement. And many
more exciting company benefits EOE
Keywords: Merchants Insurance Group, Buffalo , Product Specialist --- Commercial Lines, Other , Buffalo, New York
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