Product Specialist - job 2 of 2

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

• Product Management - Manages assigned, elementary Personal Lines Property underwriting product.  This includes managing overall P&L, forecasting revenue, and developing product strategy, pricing, product bundling, and enhancement opportunities to drive sales and growth. Will be responsible for developing internal and external facing product materials, user guides, and training documents. Will be responsible for developing relevant and detailed management reports to manage and influence sales, revenue growth, and customer level performance. 
• Product Support - Responsible for supporting assigned Personal Lines Property underwriting product(s).  This includes researching and resolving customer, product, finance, and technical issues and collaborating with colleagues in product, sales, finance, information technology, and operations to ensure effective delivery of Verisk's capabilities and messaging. 
• Sales Support - Support the Sales organization with product materials, training, meeting support (SME), go-to-market messaging, proposals, and competitive information. Will also be involved with helping with prospective client testing and new client onboarding.  This will vary from customer to customer working closely with the Operations team.
• Research and Industry Involvement – Is expected to be proficient in the Personal Lines Property insurance industry.  This will require ongoing participation in industry events and conferences, competitive research, collaboration with business partners and 3rd party suppliers, and engagement with customers
• Assigned Personal Lines Property insurance product task list:
  • Increasing year over year revenue through new customer sales growth, existing customer usage growth, and new products and features
  • Overall product P&L management – prioritize work to drive profit and revenue growth, support finance budget and forecasting processes (revenue and expense planning), conduct cost benefit analyses on strategic initiatives
  • Oversee financial performance of products - complete duties such as sales and implementation pipeline management, revenue forecasting, and existing customer performance reviews
  • Partner with Sales team to provide customer meeting support, compelling product proposals, and product pricing
  • Partner with Marketing on go-to-market product messaging, collateral development, campaigns
  • Partner with Operations on customer proof of concept tests and implementations
  • Partner with IT to manage development needs and roadmaps
  • Provide new customer implementation support
  • Listen and respond to market needs and Voice of the Customer

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• A four-year bachelor’s degree in Insurance, Risk Management, Actuary, Business Administration, or related discipline.  Advanced degree or insurance designations (e.g., CPCU) is preferred.
• 3-5 years Personal Lines Property insurance experience with demonstrated track record in underwriting, product management or product development within an insurance company, industry 3rd party underwriting data vendor, or related.
• Strong familiarity with the Personal Lines Property insurance market, including underwriting practices and workflows, various distribution channels, risk data, rating processes and variables, and Verisk or other 3rd party underwriting solutions.
• Strong analytic aptitude.  Must be able to assess and address complex business problems as well as understand detailed customer workflows to identify business opportunities for Verisk solutions across the policy lifecycle.  
• Highly motivated with the ability to work in a fast paced, dynamic, revenue generating environment.
• Strong oral and written communication skills and professional demeanor.  Must be able to communicate on a business and technical level with all levels of management, including Senior Executives internally and across the industry.
• Sales & solution minded.
• Experience with gathering and assessing competitive intelligence.
• Ability to travel periodically (e.g., 10-20% of the time) to Verisk offices, customers, business partners, and industry events.

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/