Product Compliance Analyst

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Job Type

Full-time

Description

• Experience in the Southeast Coastal Region Preferred*

Tower Hill Insurance Group has an exciting opportunity for a talented and experienced Product Compliance Analyst who enjoys intellectual challenges and is seeking a rewarding career with a company that is experiencing growth. Not only is Tower Hill Insurance one of Florida's most trusted names in homeowners insurance, but it offers great opportunities for career advancement and personal growth, along with very competitive benefits and rewards. We are growing at a consistent pace and seek professional individuals with drive, team mentality, who want to make an impact, and are committed to a long-term career in the insurance industry.

The Product Compliance Analyst is a key role to ensure our Personal Lines and Commercial Lines policy forms are accurate, in compliance, producing effectively and supporting our company's goal to offer a competitive coverage product to our members. The Product Compliance Analyst works closely with Actuarial, Underwriting, Marketing, Commercial and Claims to develop forms, product manuals, product comparisons and product communications. A successful candidate for this position is engaged, has excellent time management skill, written and verbal communication, and ability to manage multiple mid-large projects to completion while meeting deadlines.

Requirements

ESSENTIAL DUTIES AND RESPONSIBILITIES

• The Product Compliance Analyst is responsible to create and enhance the company's product including, but not limited to, forms, manuals, member policy package, implementation of forms, etc., to ensure competitiveness in the marketplace.

• The Product Compliance Analyst will draft and prepare filings and responses to negotiate approval for form and rule filings with the Department of Insurance (DOI) and Office of Insurance Regulation (OIR) through to completion.

• They will perform competitive research of primary competitors for opportunities for improvement.

• The Product Compliance Analyst interprets insurance forms, statutes, rules, regulations, develops conclusions, and makes recommendations.

• They perform analysis of existing forms and manuals on a regularly schedule basis for effectiveness.

• Research and analyze external information sources to provide updated, accurate competitive analysis including rates, guidelines, and forms coverage information.

• Compile, analyze and report on product market trends to assist in determining product strategy.

• They perform User Acceptance Testing for accuracy of enhancements and modifications of forms installations, identify, document and report discrepancies found.

• The Product Compliance Analyst works independently and manages projects and assignments and prioritizes workload to ensure deadlines are met.

• They perform all responsibilities using established department processes, quality control procedures and checklists.

• The Product Compliance Analyst effectively manages medium-large projects simultaneously to completion, while meeting deadlines.

• They perform program audits as needed and required.

• Other duties as assigned.

• This is a hybrid position located in Gainesville, FL.

REQUISITE SKILLS AND COMPETENCIES:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The requirements listed below are representative of the knowledge, skill, and/or ability required:

• Proficient with I-File and SERFF.

• Strong written and verbal communication skills.

• Experience in interpreting insurance forms, statutes, rules, regulations and performing analysis, developing conclusions, and recommendations.

• Strong organizational, time management, attention to detail and analytical skills are essential.

• Ability to read and interpret statutes, rules, and regulations.

• Ability to organize and prioritize workload.

• Ability to communicate effectively.

• Must have proficiency with various computer systems including, but not limited to MS Word and Excel, PowerPoint, Adobe, and Outlook.

EDUCATION AND EXPERIENCE

Qualified candidates must possess a bachelor's degree (B.A. or B.S) and three(3) or more years of experience working in the Property Casualty or Commercial Lines field or a combination of education and experience. Insurance designations are a plus.

BENEFITS

• Medical

• Dental

• Vision

• Life & Accidental Death and Dismemberment (AD&D), and Disability Insurance

• 401 (k)

• Health Savings Account

• Accident and Cancer insurance plan

We offer competitive pay and benefits, and well-being programs to support you and your family. For more information about our company, careers and Total Compensation visit: Total Compensation - Tower Hill Insurance (thig.com)

Tower Hill Insurance currently operates in these states AL, CT, FL, GA, IA, IN, KY, MI, MS, NC, OH, PA, SC, TN, TX, UT, VA, WV. The work location is flexible if approved by Tower Hill Insurance.

Tower Hill Insurance is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Tower Hill Insurance is committed to working with and providing reasonable accommodation for individuals with disabilities. If you need reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to hrdepartment@thig.com or call (561) 812-6247 and let us know the nature of your request and your contact information.

All applicants will receive an acknowledgement that their application has been received. Candidates will not receive status updates regarding their application; however, those candidates selected for further consideration will be contacted by Human Resources.