Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Product Specialist - Commercial Casualty Underwriting image - Rise Careers
Job details

Product Specialist - Commercial Casualty Underwriting

Company Description

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.

Job Description

The ISO Underwriting unit of Verisk Insurance Solutions is hiring a Product Specialist, Commercial Property Underwriting as part of the team developing ISO’s property underwriting products. As a Product Specialist at Verisk, you will be part of our Product Strategy & Innovation team, working closely with product managers, software development, quality assurance, marketing and sales to deploy new innovations within the Commercial Property Underwriting department.

About the Day to Day Responsibilities of the Role:

  • Support the Commercial Casualty team by assisting in the creation, testing, and tracking of project requirements.
  • Work closely with IT and data science in a software development relationship to ensure clear communication of requirements, goals, and timelines.
  • Consistent communication with the team to ensure a smooth cycle of feedback, development, release, and support.
  • Effectively collaborate with a wide array of colleagues in product, risk engineering, marketing, sales, information technology, and data science to ensure effective delivery of Verisk’s product goals.
  • Participate in the product portion of sales opportunities to ensure effective positioning of the solution’s value proposition and customer comfort with the product capabilities to support the ambitious growth goals of the product line, including performing analysis and presentation of proofs of concept
  • Analyze internal and external data with respect to quality and fitness, develop reasoned recommendations from analysis, and present related go/no-go business cases to management.
  • Collaborating with prospective users to understand and anticipate their needs and translate them into product requirements
  • Creating a product road map based on the product vision
  • Managing the product backlog and prioritizing features based on changing requirements
  • Overseeing all stages of product creation including design and development
  • Working with the product team and end-users to deliver solutions for defects and enhancements
  • Participating in Scrum meetings and product sprints
  • Updating and maintenance of data dictionaries

#LI-SM1

#LI-Remote

Qualifications

About You and How You Can Excel in this Role:

  • Bachelor’s degree (in a field such as business administration, software development, or statistics) or equivalent/related work experience
  • An innovative mindset, open to new ideas and challenges outside of what is known or comfortable
  • The ability to distil critical business insights from large quantities of data.
  • Strong interpersonal, oral and written communication skills, including presentation skills. Ability to communicate effectively (verbally and in writing) with internal staff and external stakeholders
  • Strong critical thinking, analytical problem-solving and collaboration skills

Desirable Skills

  • Familiarity working with C# applications
  • Underwriting experience in Commercial insurance preferred
  • Knowledge of Agile software development principles and use of the JIRA platform
  • Working knowledge of Excel, Power Automate and Microsoft Forms

Additional Information

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 disabilityVerisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

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

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

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

 

 

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Product Specialist - Commercial Casualty Underwriting, Verisk

At Verisk, we're all about inspiring change and leveraging data analytics to empower businesses and communities. We're excited to invite applications for the role of Product Specialist - Commercial Casualty Underwriting, based in Jersey City, NJ. As a key part of our Product Strategy & Innovation team, you'll work collaboratively with product managers, software developers, and sales professionals to revolutionize our Commercial Property Underwriting offerings. Your daily responsibilities will include supporting the Commercial Casualty team by managing project requirements, testing, and tracking progress. You will ensure seamless communication with IT and data science teams, contributing to an innovative environment where feedback is valued throughout the development lifecycle. You’ll also dive deep into internal and external data analysis, guiding management in strategic decision-making. Your voice will be essential in crafting the product roadmap based on your thoughtful understanding of user needs, while also participating in Scrum meetings to keep things agile. With a Bachelor's degree in business, software development, or a related field, along with a knack for critical thinking and communication, you'll find Verisk is a place where your innovative mindset can truly thrive. Plus, we prioritize inclusivity and a quality work culture, recognized as a Great Place to Work for eight consecutive years. Join us to help shape the future of insurance and deliver solutions that matter!

Frequently Asked Questions (FAQs) for Product Specialist - Commercial Casualty Underwriting Role at Verisk
What are the key responsibilities of a Product Specialist - Commercial Casualty Underwriting at Verisk?

As a Product Specialist in Commercial Casualty Underwriting at Verisk, your key responsibilities will include supporting the team by testing and tracking project requirements, collaborating with diverse teams within IT, data science, and marketing, and analyzing data to make informed business recommendations. You will also play a vital role in product positioning during sales opportunities and participate in Agile processes to streamline product development.

Join Rise to see the full answer
What qualifications are needed for the Product Specialist - Commercial Casualty Underwriting role at Verisk?

To excel as a Product Specialist - Commercial Casualty Underwriting at Verisk, candidates should possess a Bachelor’s degree in a relevant field such as business administration or statistics, along with strong analytical and communication skills. Familiarity with Agile methodologies and experience in commercial insurance underwriting are highly desirable. It’s important to have an innovative mindset and the ability to distil insights from data to drive product decisions.

Join Rise to see the full answer
How does Verisk support career growth for Product Specialists in Commercial Casualty Underwriting?

Verisk is committed to your professional development, providing ample opportunities for training, mentorship, and continuous learning. As a Product Specialist - Commercial Casualty Underwriting, you'll have access to resources that help you build your skills while collaborating on innovative projects within a supportive team culture recognized for outstanding workplace practices.

Join Rise to see the full answer
What types of teams will I collaborate with as a Product Specialist at Verisk?

In your role as a Product Specialist - Commercial Casualty Underwriting at Verisk, you’ll be collaborating with a variety of teams including product managers, software development, quality assurance, marketing, and sales. This cross-functional collaboration ensures that you are actively involved in every stage of product development, enabling you to contribute to strategic decisions and the overall success of projects.

Join Rise to see the full answer
What is the work culture like for a Product Specialist at Verisk?

Verisk offers an inclusive and innovative work culture for its Product Specialists in Commercial Casualty Underwriting. With a focus on teamwork and open communication, we encourage our employees to share ideas and collaborate effectively. Recognized as a Great Place to Work, Verisk values diversity and provides a supportive atmosphere for all employees to thrive.

Join Rise to see the full answer
Common Interview Questions for Product Specialist - Commercial Casualty Underwriting
Can you describe your experience working with cross-functional teams?

When discussing your experience with cross-functional teams, focus on specific projects where you collaborated with different departments, such as IT and marketing. Highlight how you facilitated communication, managed conflicts, or contributed to successful outcomes. This will demonstrate your teamwork and interpersonal skills as a Product Specialist.

Join Rise to see the full answer
How do you prioritize product features based on user feedback?

Explain your approach to gathering user feedback through surveys or direct communication, and how you analyze this data to determine priorities. Discuss the frameworks or techniques you use to evaluate features and make data-driven decisions, emphasizing your ability to balance customer needs and business objectives.

Join Rise to see the full answer
What methodologies do you use for project management in product development?

Discuss your familiarity with Agile methodologies, specifically Scrum or Kanban, and how you've applied these in your previous roles. Provide examples of how these methodologies helped streamline workflow, encourage team collaboration, and adapt to changing requirements effectively in product development.

Join Rise to see the full answer
How do you handle tight deadlines while managing multiple projects?

Elaborate on your time management skills, detailing specific strategies you employ to stay organized and prioritize tasks. Share examples of when you successfully met deadlines without compromising quality and how effective communication with your team played a crucial role in navigating pressures.

Join Rise to see the full answer
Can you give an example of a product that you successfully launched?

Craft your response by highlighting a specific product launch where you played a significant role. Discuss your contributions in terms of market research, user requirements analysis, and the development process. This showcases your hands-on experience and your ability to drive products from concept to launch.

Join Rise to see the full answer
What tools do you find critical for data analysis in product management?

Enumerate tools like Excel, Power BI, or specialized software applicable to monitoring product performance metrics. Describe how you leverage these tools to extract insights and guide product decisions, demonstrating your analytical prowess relevant to the Product Specialist role.

Join Rise to see the full answer
How do you ensure that the product aligns with business objectives?

Discuss your process for aligning product strategy with company goals, focusing on stakeholder collaboration and continuous feedback channels. Provide an example where aligning a product’s features or roadmap directly contributed to achieving broader business objectives.

Join Rise to see the full answer
What approaches do you use to visualize product data or performance?

Talk about your experience using visualization tools like Power BI or Tableau, and how you utilize these tools to present complex data in elegant and easy-to-understand formats. This is important for conveying product performance to stakeholders effectively.

Join Rise to see the full answer
How do you manage stakeholder expectations during a product development cycle?

Describe your communication strategy for keeping stakeholders informed and engaged throughout the product development cycle. Emphasize the importance of transparency, regular updates, and how you address concerns to maintain trust and satisfaction.

Join Rise to see the full answer
What factors do you take into account when developing a product roadmap?

Highlight key considerations such as user needs, competitive analysis, technical feasibility, and business goals. Provide insights into how you prioritize features and make trade-offs, reflecting your strategic thinking and product management acumen.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Verisk Hybrid Oakbrook Terrace, IL, USA
Posted 7 days ago
Photo of the Rise User
Verisk Hybrid Lehi, UT, USA
Posted 7 days ago
Photo of the Rise User
Posted 9 days ago
Photo of the Rise User
Posted 5 days ago
Photo of the Rise User
Posted 12 days ago
Photo of the Rise User
Posted 10 days ago
Photo of the Rise User
Posted 6 days ago
Photo of the Rise User
Smiths Group Hybrid 2202 Lakeside Blvd, Edgewood, MD 21040, USA
Posted 9 days ago

To be the leading strategic data, analytics and technology partner to the global insurance industry by delivering value to our clients through knowledge, expertise and scale.

216 jobs
MATCH
Calculating your matching score...
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 5, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!