Senior Commercial Lines Automated Underwriting Analyst overseeing profit and growth of automated underwriting rules at Encova Insurance. Collaborating with teams to improve processes and outcomes.
Responsibilities
Oversees the performance of Encova’s Commercial Lines automated underwriting rules relative to profit, growth and straight through processing targets through analysis, collaboration, recommendations for improvement and implementation
Partners with others to develop and monitor reports to evaluate rule performance and to identify opportunities for improvement
Leverages existing commercial lines underwriting and operations acumen and input from others to inform and develop recommended action plans
Implements those plans either directly through entry into a rules management system (Sapiens) or partnership with IT
Develops, manages and uses a set of KPIs and targets to assess automated underwriting performance
Analyzes trends, identifies root causes and recommends changes to improve performance relative to targets and business outcomes
Designs, implements and continuously refines business rules, screen design and referral thresholds to optimize performance including cost/benefit considerations
Responsible for the day-to-day management of the commercial lines underwriting rules management system (Sapiens Decisions)
Acts as a strategic partner to underwriting, product actuarial and IT peers to inform or support pricing or underwriting strategies or actions
Provides regular updates and business insights to CL leadership on automated underwriting performance, opportunities and improvement actions in flight
Utilize tools like Tableau, SAS or other database query tools to supplement information received from product analytics
Use analysis tools within Excel and SAS to perform rigorous analyses and develop sound recommendations
Build pivot tables to identify, summarize and visualize data; use formulas to analyze and manipulate the data; create cross tabulations; build charts to pictorially summarize analyses
Maintains and shares knowledge on emerging automated underwriting trends in the commercial lines P&C market
Requirements
Bachelor’s degree or professional level of knowledge in a technical and analytical field, or equivalent, related experience
Minimum of 5 years of Commercial Lines multi-line experience with a focus on underwriting or operations for at least 2 of those years
Working knowledge of Tableau, SAS and/or other data analysis tools, with proficiency in Tableau preferred
Attention to detail with ability to manage multiple tasks/priorities while working in a fast-paced environment with limited supervision
Flexibility to handle assignments in various states of completion at the same time
Project management skills
Quantitative analysis and critical thinking skills
Strong mathematical aptitude and analytical skills
Advanced experience using Microsoft Excel, Word, PowerPoint and Access
Superior communication skills (verbal and written) along with strong presentation skills
Ability to deal with ambiguity and determine the correct course of action
Insurance designation(s) such as CPCU, ARM, AU, etc. or progress towards is preferred.
Benefits
Health, Dental & Vision Insurance
Company-provided life and income protection plans
Eligibility to participate in a company incentive bonus program
401(k) Retirement Plan - 100% company match up to 7% on annual salary
Paid Time Off, Paid Holidays, and Floating Holidays
Flexible Work Arrangements - Hybrid and remote depending on the role
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