Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We're an innovative organization that's small enough to be agile and big enough to make a difference in our industry. Our collaborative workplace is continuously evolving to ensure all employees feel:
- Comfortable bringing their whole selves to work.
- Confident that they will be treated respectfully.
- Recognized for their performance and provided with equal opportunities to succeed.
At Argo, skill meets opportunity. If you're wired to raise your hand and ask, "Where can I help?", you'll thrive with us. We are looking for a Product Development Analyst to support our Underwriting Business Units through the management, maintenance, and development of insurance products. DUTIES AND RESPONSIBILITIES:
- Develop/revise contractual forms/endorsements and manage/maintain the company's portfolio of forms for a variety of commercial insurance lines in support of Underwriting Business Unit initiatives.
- Collaborate with Underwriting Business Units to create enhancements and revisions to their products.
- Maintain the Company's forms library regarding "state of the art" criteria, and in consideration of market needs, regulatory changes, case law, and in compliance with insurance laws in all 50 states and the District of Columbia (admitted lines of business).
- Analyze ISO Circular information and create revisions to forms when needed.
- Collaborate with Underwriting Business Units to write rules of application for forms, for use in rule manuals and policywriting systems.
- Evaluate and analyze new insurance products and arrange for implementation/integration into the Company's forms portfolios, issuance systems, and Rate/Quote/Bind processes.
- Function as Project Manager for major product revision/implementation actions, including coordination of activities for Underwriting, Regulatory Compliance, Actuarial, Implementation Team, Claims, Marketing, and Operations, and interface with IT.
- Other duties as assigned.
QUALIFICATIONS
- College degree and/or equivalent work experience.
- Insurance educational studies such as IIA and CPCU.
- Demonstrable experience in previous product development with a minimum of 2 years commercial property and casualty (Standard, Specialty, and Excess & Surplus Lines) product development experience preferred.
- Very strong written and verbal communication skills; detail orientation; problem-solving skills, project management (non-IT); knowledge of regulatory/compliance functions.
- Experience with ISO Commercial Lines Manuals; ISO Circular analysis; knowledge of ISO, NCCI, and AAIS web resources.
- Knowledge of contracts and legal basis of insurance.
- Proficient in the use of computer applications including Word, Excel, PowerPoint, and Outlook.
- Knowledge of underwriting issues concerning Property & Casualty lines.
The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.
Illinois Pay Range:
$84,500
—
$99,500 USD
PLEASE NOTE: At this time, Argo Group will not sponsor an applicant for employment authorization for this position. If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group, please contact our Benefits Department at 210-321-8400. To all recruitment agencies: Unless you have been requested to work on this position, or other positions with Argo Group, please do not forward any resumes to Argo Group employees. Argo Group is not responsible for any fees related to unsolicited resumes. Argo Group International Holdings, Inc. ("Argo" or the "Company") is a wholly owned subsidiary of Brookfield Wealth Solutions, Ltd. ("BWS"), a New York and Toronto-listed public company. Argo, with over $8 billion of assets on its balance sheet, is a leading underwriter of specialty insurance products in the property and casualty (P&C) market, working with independent agents, wholesale brokers, and retail brokerage partners to deliver collaborative solutions for niche markets. BWS is a leading wealth solutions provider, focused on securing the financial futures of individuals and institutions through a range of wealth protection and retirement services, and tailored capital solutions. BWS is backed by Brookfield Corporation, a leading global investment firm whose asset management business manages more than $1 trillion in assets as of September 30, 2024. We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics. The collection of your personal information is subject to our HR Privacy Notice Our Benefits Developing our employees professionally and personally strengthens our organization. Argo Group offers an attractive Total Rewards package that includes:
- A culture that recognizes performance and empowers employees to excel, offering competitive compensation and merit driven profit sharing.
- Workplace policies that support employee well-being include flex time and floating holidays.
- Comprehensive health, wellness, and financial planning options that employees can tailor to meet their personal and family needs. In addition to traditional health and wellness plans, benefits include dental, disability, life insurance, medical, and vision insurance, matching 401(k) retirement savings, generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays and a paid voluntary day), paid caregiver and parental leave, paid bereavement, jury duty/court appearances, and military (up to 14 days) leave, employee assistance program (EAP), and an array of voluntary benefits.
- Argo Academy, a digital and instructor-led platform that offers continuous learning and professional development -Trainingmagazine lists Argo among the Training "Top 125" Companies. Argo encourages career mobility and continuing education to pursue and maintain professional and industry designations, in addition to traditional university and higher education programs.
- An inclusive culture that develops and sponsors diverse teams, encourages cross-functional engagement and collaboration, builds community through employee resource groups (ERGs), and provides an environment that welcomes ongoing dialogue, creative innovation, professional and personal development.
- Active community outreach and volunteer programs.
- A generous Employee Referral program that results in approximately 25% of all new hires annually.
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