Insurance Product Development Analyst
Company: ProSelect Insurance Company
Location: Boston
Posted on: April 1, 2026
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Job Description:
As a member of the Product Development Department, the Insurance
Product Development Analyst contributes to the creation and
maintenance of all Coverys products and services and/or all aspects
of the product development life cycle. This includes the vetting of
new product ideas, product enhancements, and contributing to
compliance related inquiries. Additionally, the Product Development
Analyst provides recommendations for amendments to our products and
updates and/or maintains policy language. Essential Duties &
Responsibilities Policy Form Drafting. Work with Product
Development, Underwriting, and other applicable departments, to
identify necessary updates to policy forms and rates/rules in
accordance with the regulatory environment. Draft account specific
forms for standard policies. Product developments and revisions:
Research and develop new and existing insurance products in
partnership with internal stakeholders. Guide the development
process from concept to implementation. Industry Research. Utilize
industry tools to research current insurance considerations to
accommodate state specific product and service requirements.
Implementation Assistance. Assist with implementation of approved
filings and the development of resources, communication materials
and procedures to introduce or update products and services.
Product Filings. Assist the Compliance team with SERFF filing
inquiries from state regulators and work with members of Compliance
to prepare responses or modifications as needed. Assist with filing
submission support as needed. Product Research. Track and research
product ideas and product enhancement requests from internal and
external sources. Product Consultation. Assist Underwriting teams
with account-specific updates and changes to existing policy forms,
including filing with state departments of insurance when
necessary. Internal Communication. Develop materials for
introduction, implementation, and administration of new and revised
products. Processes & Procedures. Maintain internal tracking of
policy rating/rule and form changes, product, and service
availability. Assist in maintenance and updates to the department
intranet/SharePoint website. Project Work. Other duties as
assigned. Education, Experience, Competencies & Values Bachelor's
degree (BA) from four-year college or university, preferred Two to
five years related experience; or equivalent combination of
education and experience. Proficient knowledge of Adobe Acrobat and
Microsoft Office applications. Excellent analytical and problem
resolution skills. Strong communication skills, both verbal and
written. CPCU and/or RPLU designation or pursuit of professional
designations, preferred. Demonstrated attention to detail,
procedures, deadlines, and quality results. Excellent time
management skills, the ability to work independently and as part of
a team and flexibility in a deadline-driven environment. Ability
and willingness to travel up to 5% of the year. The base salary
range for this role is $73,000-$98,000. Individual compensation
packages are based on a variety of factors that are unique to each
candidate including geographic location, skill set, experience,
qualifications and education. If you're a caring and customer
focused individual who enjoys working with passionate team members,
Coverys is the right company for you!
Keywords: ProSelect Insurance Company, Boston , Insurance Product Development Analyst, Accounting, Auditing , Boston, Massachusetts
