Michigan Millers Mutual Insurance Company is a mutual insurance provider with over 140 years of experience in the property-and-casualty insurance sector. They are seeking a Product Development Analyst I to ensure compliance with regulatory requirements for insurance products while managing state filings and collaborating with internal teams.
Responsibilities
- Monitors resources for legislative and regulatory changes and analyzes impact to Western National products
- Identifies new requirements that may require policy and form language changes and implements rate, rule, and form changes to comply with statutory requirements
- Works with the Actuarial Team on rate changes for assigned business lines and communicates changes to internal and external customers
- Holds responsibility for a minimum of one line of business
- Creates and manages state filings for assigned line(s) of business
- Participates in the testing and auditing of assigned line(s) of business pre- and post-implementation
- Responsibilities are performed in accordance with detailed guidelines, established practices, and standard procedures, occasionally requiring independent judgment and interpretation
- Gathers input and makes recommendations to solve problems of moderate complexity
- Deals with moderately complex problems that must be broken down into manageable pieces
- Sees relationships between problem components and prioritizes them
- Utilizes knowledge, experience, and available resources to find solutions
- Consistently acts according to our customer experience standards, including responding quickly, maintaining a positive attitude, building rapport, demonstrating empathy, managing the customer’s expectations, using the proper communication channel for the situation, and taking ownership to ensure the customer’s issue is resolved
- Stays in regular contact with internal customers, such as underwriting
- Occasionally interacts with external customers
- Performs special projects and other duties as assigned
Skills
- Knowledge of personal and / or commercial lines products
- Familiar with insurance policy language
- Ability to communicate with internal and external customers
- Strong attention to detail and accuracy
- Demonstrated ability to prioritize projects and meet deadlines
- Ability to organize and execute work independently
- Bachelor's degree or equivalent related experience
- Proficient use of various core systems, office and computer equipment, and software packages
- Coursework toward CPCU or other insurance designation preferred
- Experience with System for Electronic Rate and Form Filing (SERFF) and bureau websites
- Prior property-and-casualty insurance experience
Benefits
- Medical insurance plan options and other standard employee benefits, including dental insurance, vision benefits, life insurance, disability insurance, and more!
- Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA)
- 401(k) Plan (participants are eligible for 100% matching on the first 6% of their contributions)
- Wellbeing Program, including onsite fitness studio
- Paid Time Off – including holiday, vacation, and volunteer
- 100% company-paid tuition reimbursement for approved job-relevant coursework and access to The Institutes (Risk and insurance education)
- Paid parental leave
- Bonus opportunities
Company Overview
- Michigan Millers Mutual Insurance Company is an insurance company offering property and casualty insurance products. It was founded in 1881, and is headquartered in Lansing, Michigan, USA, with a workforce of 51-200 employees. Its website is http://mimillers.com.