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AF Group Senior Product Manager - Workers' Compensation Underwriting (Mid to Large Accounts) - 11335_43073982560_5-4459 in Chicago, Illinois

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/11864296 This position is responsible for new market development, new product development and existing product enhancements from a commercial property and casualty technical underwriting perspective. This position serves as a commercial property and casualty technical underwriting expert in a commercial multi-line environment and will be involved with supporting the goals and implementing best practices for all operating units and the Enterprise as a whole. This position exercises broad discretion and judgment and provides enterprise-wide operational consistency, integrity and oversight. This position performs work in support of multiple initiatives, lines of business and/or products. This position manages highly complex business processes and/or improvement efforts across multiple departments or lines of business.

RESPONSIBILITIES/TASKS:

Assists in aggressively identifying, solving and managing / re-directing problem markets.

Responsible for Analyzing, researching and reporting on underwriting trends, issues, laws, rules, regulations and best practices, and provides recommendations as appropriate.

Analyzes current and potential book of business and provides appropriate reports and recommendations.

Assists in the development of enterprise underwriting policies, procedures and best practices.

Assists in the implementation and monitoring of policies, practices, procedures and workflows.

Identifies and establishes strategy for quality control to ensure consistency with best practices and workflows.

Outlines improvement opportunities and coaches\' management on ways to improve.

Participates in the identification, preparation and presentation of training and programs at an Operating Unit and Enterprise level.

Serves as a technical expert and consultant in Corporate Underwriting on responses to questions and concerns for all operating units.

Serves as an advisor on responses to questions and concerns from operating units and others on premium audit issues and Bureau inquiries.

Analyzes and reviews accounts above the authority limits of Operation Unit managers and underwriters and makes determinations on pricing and programs, as needed.

Collaborates with enterprise operating units and Corporate Underwriting in furtherance of enterprise cost containment strategies as necessary.

Represents Product Management & Corporate Underwriting and the enterprise, on various committees and events as appropriate and approved.

Conducts underwriting due diligence assignments, as needed.

Performs special projects, as assigned. Provides evaluation and input regarding effectiveness of departmental programs and projects.

Maintains confidentiality of all information processed.

Leads the research, analysis and implementation of new or existing product ideas, market development, and product enhancements, including creating supporting business cases, designing solutions, and implementing innovative products for multiple commercial lines of insurance.

Responsible for the ownership and execution of the overall product strategy, new product and business model innovation, including developing white papers, proposals for action or implementation plans.

Evaluates the cost benefit of market opportunities and product initiatives and recommends actions based on evaluation, including identifying product improvements for complex product and policy construction considerations.

Plays a key role in the development of short and long term strategic product & underwriting strategies in support of AF Group\'s business and profitability goals.

Develop new product ideas, review existing and drafts new coverage language, executes to the Product Development Life Cycle.

Responsible for creating best practices, underwriting guidanc and training to engage enterprise.

Responsible for managing key compliance and regulatory relationships to include Product Objection Management.

Serves as a key contact for developing and implementing new products or organizational practices specific to the product.

Maintains Expert knowledge including state regulations, compliance, coverages, operational processes, underwriting criteria and system application and tools.

Supports complex ISO, NCCI based and proprietary changes. Coordinate with business partners to develop complete filing packages.

Apply expert guidance and insight related to more highly regulated states / complex filings.

Research and approve complex updates and changes to ISO, NCCI, Regulatory product updates, applying expert knowledge, problem solving skills and judgment. Recommend actions based on regulatory changes.

Research, access and communicate risk of ISO, NCCI, Bureau, Regulatory noncompliance due to technical constraints and other operational issues. Collaborate with business partners and leadership to resolve noncompliance issues.

Collaborates with and serves as liaison between Product Development, Innovation and Corporate Underwriting, with Enterprise Operating Units., including Accountability/Oversight for the Product delivery of Functi

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