Product Development Analyst II

Job Type

Full-time

Description

Who are we?

Michigan Millers Mutual Insurance Company, an affiliate of Western National Mutual Insurance, is a mutual insurance company, rated A (Excellent) by A.M. Best, with over 140 years of experience serving policyholders' property-and-casualty insurance needs across multiple regions in the United States. We believe in striving for growth without sacrifice and know that our culture creates and cultivates happy and dedicated employees, which we believe gives us the ability to deliver the highest level of customer service.

The core values for Michigan Millers and Western National Insurance, Connectiveness – Accountability – Empowerment are incorporated into all that we do. Our workplace culture encourages employees to seek out learning opportunities and to strive for growth and development in the insurance industry.

We understand the importance of a positive work community and a healthy workplace environment when striving for organizational success. Our emphasis on internal growth and maintaining healthy team relationships translates into external growth and building sustainable customer relationships.

Does this opportunity interest you?

Michigan Millers Mutual Insurance Company is seeking a Product Development Analyst II to join our team!

The individual in this role will have the opportunity to ensure compliance with the regulatory requirements that impact insurance products.

What are the responsibilities and opportunities of this role?

• Supports the ongoing implementation of the core business attributes of empowerment, accountability, and connectiveness.
• 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; implements rate, rule, and form changes to comply with statutory requirements.
• Works with actuary on rate changes for assigned business lines; communicates changes to internal and external customers.
• Holds responsibility for a minimum of two lines of business.
• Researches trending coverage and risk exposures to protect the company, agencies, and policyholders from evolving risks.
• Creates and manages state filings for assigned line(s) of business.
• Participates in testing and auditing of assigned lines of business, both pre- and post-implementation.
• Consistently acts according to our customer experience standards by 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.

What are the must-have qualifications for a candidate?

• Ability to translate legal language into policy language.
• Demonstrated experience in reading, reviewing, and filing both personal and commercial lines product forms at the state level.
• Demonstrated ability to communicate with internal and external customers.

Requirements

What will our ideal candidate have?

• Strong attention to detail and accuracy.
• Demonstrated ability to prioritize projects and meet deadlines.
• Demonstrated ability to organize and execute work independently.
• Ability to think critically and handle complex problems.
• Bachelor’s degree or equivalent related experience.
• Coursework toward CPCU or other insurance designation preferred.
• Proficient use of various core systems, office and computer equipment, and software packages.
• Experience with System for Electronic Rate and Form Filing (SERFF) and bureau websites.

Compensation Overview

The hiring range for this role is $69,065 - $94,990 annually. However, the base pay offered may vary depending on the job-related knowledge, skills, credentials, and experience of each candidate as well as other factors such as the scope and location of the role. Candidates looking for compensation outside of the posted range are encouraged to apply and will be considered based on their individual qualifications and/or may be considered for other positions.

Michigan Millers Mutual Insurance Company reserves the right to fill this position at a level above or below the level included in this posting.

Culture and Total Rewards

We offer full-time employees a significant Total Rewards Package, including:

• Medical insurance options and other standard employee benefits, including dental insurance, vision benefits, life insurance, and more!
• Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA)
• 401(k) Plan (plus company match)
• Time Off - including vacation, volunteer, and holiday pay
• Paid Parental Leave
• Bonus opportunities
• Tuition assistance
• Wellness Program - including an onsite fitness studio

Michigan Millers and Western National Insurance believes in supporting the balance between work and life by providing a flexible work environment, which includes a variety of hybrid work arrangements designed to balance individual, job, department, and company needs.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Michigan Millers provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Salary Description

$69,065 - $94,990