Increase the efficiency and effectiveness of a best in class state filing team at Hiscox
Position: State Filings Analyst
Reporting to: State Filings Manager
Location: Atlanta or White Plains NY
As a State Filings Analyst at Hiscox you get to see how well a new or revised product is received by the US Insurance Market. This is a new additional headcount for us to help achieve our initiatives for 2018 and beyond. We have a new policy administration system coming down the pike and the first products to go into the new policy issuance system will be revisions to existing products that the team will have to file before we can implement. We are a small and close knit team who support each other every day. You’ll work with Underwriting, Pricing and Underwriting Counsel to file and bring new products to market faster and keep existing products competitive in this ever changing insurance environment. You’ll work in SERFF on a daily basis creating templates, submitting filings, answering objections letters, etc., but also use your attention to detail to update internal databases with information from these filings.
Here’s what you’ll primarily be doing:
Review state filing packages from a regulatory perspective.
Submit new and revised filings to state insurance departments.
Draft state amendatory endorsements and/or state specific endorsements to comply with state regulations/laws.
Interface with business unit staff, legal and actuarial departments in response to insurance department inquiries.
Enter data from the filings into internal document repositories/tracking tools.
Please provide a cover letter and resume which clearly communicates that you are the person to take on this challenge at Hiscox USA. Here are some of the requirements we would ideally like to see:
- At least one (1) year of state filings experience including reviewing state filings packages (forms, rate and rules) and experience with SERFF; regulatory experience in commercial (ISO) lines and NILS experience is preferred
- Ability to work/function in a deadline driven environment
- Excellent written and oral communication skills
- Working knowledge of Microsoft Office products; able to employ automation to increase efficiencies.
- Strong Organizational Skills and Detail Oriented
At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.
Courage: Do the right thing however hard
Quality: World class where it matters
Integrity: True to our word
Excellence in Execution: Consistent, timely, efficient delivery
Human: Firm, fair and inclusive
What Hiscox USA Offers
Competitive salary and bonus (based on personal & company performance)
Comprehensive health insurance, Vision, Dental and FSA
401(k) with competitive company matching
24 Paid time off days
10 Paid Holidays
Paid sabbaticals after 10 years of service
Dynamic, creative and values-driven culture
Modern and open office spaces, complimentary fruit and drinks
Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation
As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.
We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.
Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.
Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.
About Hiscox US
Hiscox USA was established in 2006 to focus on the needs underserved and specialty commercial clients via both the regional broker and direct distribution channels and is today the fastest-growing business unit within the Hiscox Group. Today, Hiscox USA has a talent force of about 400 employees mostly operating out of 6 major cities - New York, Atlanta, Dallas, Chicago, Los Angeles and San Francisco. Hiscox USA offers a broad portfolio of commercial products, including technology, cyber & data risk, multiple professional liability lines, media, entertainment, management liability, crime, kidnap & ransom, commercial property and terrorism.
About the Product Innovation and Development Team
The PI&D team is part of Underwriting Management and works with all underwriters in all lines of business to create best in class products and services for our different customer segments. The team is predominantly made up of Underwriting Counsel and State Filings and also provides competitor insight and supports underwriter training and enablement. It is an essential function of Hiscox USA’s business, simultaneously helping to develop our underwriting expertise and support the sales engine, all while keeping our finger on the pulse of the latest relevant legal and insurance developments to ensure the products and services we offer remain innovative.
Flexible working at Hiscox
Working life doesn’t always have to be ‘nine to five’ and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.
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