The Senior Casualty Product Specialist manages large or complex changes to existing products, develops new or enhanced products, maintains all loss-sensitive products, and provides advanced technical support to Products Specialists, Underwriting, Underwriting Operations, program managers, Claim, Legal and Actuary. The Senior Product Specialist may also be responsible for providing similar support for affiliated Old Republic International companies.

Responsibilities include:

• Review Circulars and notices published by ISO, independent rating bureaus, state Departments of Insurance and other state entities. Evaluate large or complex updates to rates, rules and forms and present recommendations to the Product Manager.
• Conduct periodic analysis of PMA and competitor loss cost multipliers.
• Engage with Underwriting, Distribution and brokers to identify target markets and any unmet needs of those markets.
• Evaluate products offered by key competitors.
• Develop proprietary rates, rules and forms that meet the needs of target markets.
• Implement new and amended products in a timely fashion, including securing regulatory approval, updating policy administration systems, notices and associated processes, and communicating changes to Underwriting, Underwriting Operations and affiliated ORI companies.
• Assist the Product Manager with development of go to market strategies and point of sale marketing materials.
• Respond to inquiries regard coverage interpretation, loss-sensitive products and alternative rating options.
• Publish and maintain product guidelines.
• Research emerging issues and develop responses.
• Assist Underwriting with the development of underwriting guidelines and tools.
• Create and maintain internal reference materials.
• Develop training materials and conduct training sessions.
• Coordinate with third-party entities, as assigned.
• Complete research.
• Demonstrate commitment to Company’s Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.