Insurance Product Research & Development Analyst
Job details
The Ontario Mutual Insurance Association (OMIA) is searching for Full-Time Insurance Product Research & Development Analyst , to work in the Insurance Services Department of OMIA. OMIA offers a hybrid work environment. The role of Insurance Product Research & Development Analyst will report to, and work closely with, the Team Lead of Product Development. You will be working on a variety of projects and tasks with a special focus on the OMIA policy coverage wording library and related business documents and publications. Work Experience You have at least 7 years of experience in the P&C insurance industry in either underwriting, claims adjusting, risk assessment, or broker/agent experience, You have experience with policy/contract wordings, customer service (internal & external) and project management. This role requires both independent work as well as working in a collaborative team environment internally within OMIA and with other company stakeholders. In this role, your responsibilities would include, but are not limited to:
- Working on various projects related to all lines of insurance in the P&C industry (with a special focus farm and other commercial exposures),
- Creating, developing, and maintaining insurance forms, and wordings, and accompanying risk selection/underwriting guidelines and other publications for use by OMIA members,
- Conducting market research and analysis on industry trends,
- Assisting member companies to assess risk appetites, business needs, and product offerings,
- Providing customer service and acting as a liaison to various stakeholders,
- Interacting with various departments internally and externally such as: Underwriting, Sales, Marketing, Claims professionals, Loss Prevention, Distributors, Policy administration systems vendors and more,
- Staying current on industry trends to help provide information, tools and/or services to Member companies,
- Responding efficiently to Member company queries and business support needs daily.
- Work independently as well as in a team environment to meet project deadlines,
- Demonstrate excellent project management skills to manage multiple projects simultaneously,
- Consistently demonstrate personal initiative and willingness to learn,
- Demonstrate consistent problem-solving skills,
- Prioritize customer satisfaction,
- Demonstrate attention to detail, and accuracy while working on policy wordings, contracts, and other supporting business documents,
- Create, deliver, and facilitate professional presentations and training/information sessions related to product,
- Excellent written and oral communication skills,
- Ability to be flexible, prioritize, and work efficiently and effectively in a fast-paced environment,
- Use Microsoft Office 365 products at an intermediate level (I.E. Word, Excel, Outlook, PowerPoint, Teams, SharePoint, Forms).
- Post secondary education (College Diploma or University Degree)
- Chartered Insurance Professional (CIP) Designation
- FCIP
- Commercial Insurance Certificate (Insurance Institute of Canada)
- Canadian Risk Management Certificate
Apply safely
To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.