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Senior Product Development Analyst

Farm Bureau Mutual Insurance Company of Michigan

This is a Full-time position in Lansing, MI posted November 21, 2021.

Farm Bureau Mutual Insurance Company of Michigan

Job ID: 2021-3422
# of Openings: 1
Location: Lansing, MI
Category: Other
Company Name: Farm Bureau Mutual Insurance Company of Michigan
Status: Regular Full-Time
Work Hours: Monday-Friday, 8:00 a.m.-4:30 p.m.
Salary Minimum: USD $69,540.00/Yr.

OBJECTIVE

To perform product research, analysis and design, and to compose and interpret contract language for property/casualty (P/C) lines of business. To prepare related documentation, including development of rules for manual pages and preparation of forms and rules filings for the Michigan Department of Insurance and Financial Services (DIFS). To work as subject matter expert on corporate plan projects.

RESPONSIBILITIES

Comply with regulatory requirements through the research and development of product language for applicable documents on assigned product lines.

Train and mentor less experienced product analysts.

Monitor and evaluate competition on assigned product lines.

Assist in training representatives from underwriting, claims, and marketing when new products are introduced to Farm Bureau agents.

QUALIFICATIONS

Required: Bachelor’s degree with a major in insurance, business, economics, or related field of study required, or equivalent experience may be considered. Four years’ experience in property/casualty insurance business with focus on underwriting, claims, product development, or other comparable experience required. Experience with Microsoft Office products required. Commitment to insurance continuing education programs required. Strong writing skills in English grammar and language required.

Preferred: Designation in CPCU or similar insurance designations preferred.

Note: If a candidate is not identified, a Product Analyst may be considered based on level of experience.

PM19

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

PI153392990