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TITLE

 

Insurance Product Analyst (Multiple)

COMPANY

 

Boost Insurance

LOCATION

 

New York City, NY, US

Description

Boost powers white-labeled insurance programs for innovators across all industries. Our platform helps tech companies offer modern insurance products to their customers within their own front-end environments. Boost’s infrastructure-as-a-service product, IaaS for short, abstracts and simplifies an old school, complicated industry – and unlocks access to it through a cutting-edge API platform. Our customers are leading consumer and enterprise technology companies as well asgame changing insurtech startups. We provide everything they need to quickly get to market with their own programs to monetize the insurance vertical.
 
What does that mean? That’s ‘abstracted and simplified’ language for insurance stuff like ‘A’-rated insurance paper, dedicated risk capacity to pay claims, and ongoing policy and claims administration – but it’s all powered programmatically by our back-end API-driven systems. Technically we’re a licensed managing general agency, we’re just redefining what that means.
 
Our company is well-funded and backed by an awesome group of investors that includes Greycroft, Norwest Venture Partners, Tusk Venture Partners, State National, and Nephila. We’re having a ton of fun, growing like crazy, and looking for forward thinking builders to join our team.
 
The Job
 
The Insurance Product Analyst will report directly to the Director of Insurance Product Development and play a critical role within the Insurance Team to support the research, development, filing, and implementation of new insurance products for Boost’s program customers and internal product efforts.

Responsibilities

    • Assist with the research of comparable and competitive forms, rates, and filings for internal product development
    • Assist the Director of Insurance Product Development on the creation and drafting of coverage forms
    • Collaborate with the Director of Legal & Compliance on the research of compliance and regulatory requirements for product development and adhere to any necessary form provisions
    • Own the filing process of insurance products, including working with the regulators to get the filings approved
    • Ensure filing and implementation deadlines are met for multiple programs in parallel
    • Create and execute efficient and organized processes while maintaining robust compliance and filing documentation
    • Monitor state insurance laws, regulations, and bulletins, and forming any needed action plans to ensure the compliance of the insurance product

Job Requirements

    • Bachelor’s Degree
    • Must have 2-5 years of experience working in an insurance product role within the P&C industry
    • Working knowledge of the SERFF filing process and Florida’s i-File system
    • Comfortable searching SERFF and SNL databases for competitor filings
    • Exceptional research skills with the ability to research regulations across all jurisdictions and communicate them effectively across diverse stakeholders
    • Excellent written and verbal communication skills
    • Strong project management and organizational skills
    • Must be passionate about learning new things and taking on new responsibilities
    • Willing to work in New York City full-time or relocate
    • Authorized to work in the United States

Extra Credit

    • Strong preference for relevant experience in multiple lines of business
    • Strong preference for casualty or commercial lines
    • P&C producer license preferred, but not required
    • Experience with both admitted and non-admitted lines is a plus
    • Previous experience working within startups or tech companies is a plus

Important Qualities

    • Long-term goal-oriented consistent with startup life
    • Self-starter with the ability to derive need without being told exactly what to do
    • A fun, badass attitude with a desire to build something huge
    • Willingness to “get in the weeds” and “get hands dirty” with a “no task is too small” attitude
    • Adept at learning and utilizing new technologies in the workplace
    • Insatiable intellectual curiosity and creativity

Compensation & Benefits

    • Salary + equity commensurate with experience and company stage
    • Employer-Contributed Healthcare
    • Best office dogs in the business
    • Jeans and t-shirts environment
    • Huge bags of Swedish Fish
    • Beer (it’s 5 o'clock somewhere)
    • Work with a close-knit team that always has each other's backs

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