Job ID: 1007540
Date Posted: Jan 30, 2023
Department ID: MI1301 Compliance - General
Company: Maguire Insurance Agency Inc
Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.
We are looking for a Senior Product Support Analyst to join our team.
Under limited direction and supervision, conducts less complex rating system compliance audits.
Documents product/line of business rating, which may include user inputs, supporting data tables and algorithms.
Reviews, analyzes and processes single-state ISO Circulars for most lines of business.
A typical day will include the following:
Gathers, analyzes and interprets PHLY and ISO filings, RQIs and Underwriting guidelines.
Documents the functional requirements for product/line of business rating tables and algorithms on an "as needed" basis in support of IT.
Provides UAT for new products and involved product enhancements including Collector Vehicle product.
Prepares summary of circular changes that are within the Committee’s authority for review by Sr. Product Support Analyst.
Submits filing detail to state insurance departments and submits system changes to IT.
Researches/responds to system rating and filing inquiries from Underwriting, Actuarial, Product Development, IT.
Audits a single PHLY rating system to assure system compliance with filed PHLY and ISO rating plans and rules.
Reviews/analyzes/processes single-state ISO Circulars for forms/rates/rules.
Bachelor’s or higher degree from a four-year college, University or Graduate School, preferred.
3-5 years previous experince and commercial underwriting experience preferred.
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.
We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online.
Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at https://www.phly.com/Careers/default.aspx