Senior Insurance Product Analyst at Great American Insurance Group in Cincinnati, OH

Job description

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow. At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best. 
This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without the need for current or future sponsorship. Product Compliance offers subject matter expertise related to Common Products (Commercial Auto, General Liability, Umbrella/Excess, Property, Inland Marine, Crime, Workers' Compensation and Cyber) in order to enhance the organization's ability to adapt to new market opportunities and changing risk environments. It also assists business units in developing and maintaining competitive insurance products, while ensuring that they meet regulatory compliance and state filing requirements. Product Compliance handles rate/rule/form filings for all P&C lines of business in all jurisdictions. The Product Compliance team is looking for a Senior Product Analyst/Product Specialist to support our ISO Businessowners Common Product. The person who applies for this position should have excellent analytical skills; have a high level of attention to detail; have strong planning and organizing skills and the ability to meet deadlines. This person should be a strong self-starter, balanced with a desire to achieve team goals. Great American’s culture is built on connection, shared learning, and strong relationships. This is a hybrid role that combines in-office and remote work. Employees are expected to maintain a meaningful on-site presence to support collaboration, relationship building, and business success. This individual will contribute to countrywide and state-specific product development initiatives, compliance, and general maintenance activities related to ISO and GAI companies' commercial insurance proprietary products and the ISO Businessowners (BOP) product. They will actively engage with stakeholders including Business Units, Underwriting, Claims, Actuarial, IT and external commercial insurance organizations. Essential Job Functions and Responsibilities: Responsible for the maintenance of the ISO BOP product including, but not limited to policy forms, policyholder notices and disclosures, advisories, manuscripts or other pertinent product materials. Assists or serves as primary product support helping develop and lead the development of innovative products and solutions to drive premium volume growth and maintain the competitiveness of the product portfolio. Collaborate with Business Units, Actuarial, Claims, Data and Legal teams to design innovative insurance solutions and develop product specifications, pricing strategies, and policy language to ensure compliance with regulatory requirements and company guidelines. Develops product and rate revisions, manuals, and procedures. Maintains the review, approval and implementation of assigned filings and ensures compliance with statutory requirements. Including, but not limited to, creating filing documentation and coordinating responses for Departments of Insurance. Collaborates with Business Units, Legal, and Actuarial to resolve any issues relevant to securing state approval of forms and rates, or to revise products or procedures for compliance with new laws. Gathers and analyzes data from various sources specific to the products. Identify opportunities for product enhancements and improvements. Provides summary analysis,