Product Development Specialist I

Date: Feb 7, 2019

Location: a, PA, US, 16530

Job requisition: 12575
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Division or Field Office:

Personal Lines Products Division

Department of Position: Auto Department 

Work from:

Corporate Office in Erie, PA

 

At Erie Insurance, you’re not just part of a Fortune 500 company; you’re also a valued member of a diverse and inclusive team that includes more than 5,000 employees and over 2,200 independent agencies.  Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia.  To attract and retain the best talent, we reward our team members with competitive salaries and a very generous benefits package.

 

Position Summary

Develops and maintains contract language for policy and endorsement forms. Researches and monitors government legislation that impacts products and implements applicable changes. Provides up-to-date product information for Policyholders, Agents, internal business units, and  corporate literature.

 

The position is in product development for private passenger auto.

Candidates may be considered for Product Development Specialist II based on qualifications.

Candidates with demonstrated leadership skills are preferred.

This position is being reposted.  

Duties and Responsibilities

  • Drafts basic policy language for existing products as well as informational documents regarding language revisions to be reviewed by higher level specialist, supervisor, and/or business units.
  • Prepares state insurance filings and responds to any objections to gain state approval.
  • Participates in and supports IT projects related to product changes.
  • Researches, analyzes and interprets insurance laws, regulations and court decisions to determine effect on ERIE products and procedures. Works closely with required functional areas to determine the business impact of changes in these areas and to implement required changes by specified effective date.
  • Ensures policies/attachments are printed correctly and on-time per regulations; identifies process improvements.
  • Participates in state audits, claims inquiries and compliance issues.
  • Serves as consultant for marketing and educational materials.

Competencies

Ability To Learn And Follow Procedures

Ability to Manage Complexity

Decision Making

Detail Orientation

Developing And Maintaining Relationships

Information Management Skills

Interpersonal Communication

Job-Specific Knowledge

Oral Communication

Planning And Organizing

Problem Analysis

Service Orientation

Time Management

Qualifications

The minimum education and experience requirements are as follows:

  • Bachelor's degree in English, journalism, risk management, insurance or related field, required; or
  • Associate's degree and two years experience with insurance contract and compliance analysis, Law, Underwriting, Claims, or related business unit with working knowledge of assigned lines of business required; or 
  • High school diploma, or GED, and four years experience with insurance contract and compliance analysis, Law, Underwriting, Claims, or related business unit with working knowledge of assigned lines of business, required.

 

Successful completion of General Insurance Program, preferred. Successful completion of one part of CIC, or one part of CPCU, preferred. Experience using word processing, SharePoint, spreadsheet and database software, preferred. Knowledge of policies, forms and rating, preferred. Knowledge of state and federal laws as related to applicable lines of business, preferred. Technical knowledge of ERIE and industry forms, preferred.

Physical Requirements

Lifting 0-20 lbs; Occasional (<20%)

Lifting 20-50 lbs; Occasional (<20%)

Lifting Over 50 lbs; Occasional (<20%)

Driving; Rarely

Pushing/Pulling; Occasional (<20%)

Manual Keying/Data Entry; Often (20-50%)

Climbing; Rarely


Nearest Major Market: Erie

Job Segment: Underwriter, Developer, Claims, Database, Compliance, Insurance, Technology, Legal

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