I'm looking for Line of Business Analyst positions in Branchville, NJ with 3-5 years of experience in insurance, preferably in the property and casualty sector. I'm also interested in roles that offer tuition assistance and a full-time schedule.

Okay, I've searched for Line of Business Analyst positions in Branchville, NJ, targeting those with 3-5 years of insurance experience, specifically in the property and casualty industry, offering tuition assistance and a full-time schedule. I found 14 relevant positions for you.

Line of Business Analyst

Branchville, NJ

3-5 years

Property and Casualty

Full Time

Tuition assistance

Can you help me to analyze the job description and company culture?

Sure. Here's the analysis:

Job Analysis:

The Line of Business Analyst/Sr. Line Of Business Analyst role at Selective is fundamentally centered on optimizing the profitability and growth of a specific insurance line. This position requires a nuanced understanding of industry-specific standards, particularly those set by the Insurance Services Office (ISO), American Association of Insurance Services (AAIS), and Selective's proprietary guidelines. The analyst will not only support product development specialists but also engage in analytical projects that influence product offerings and underwriting practices. This means the candidate will routinely navigate intricate regulatory landscapes while being charged with assessing market trends, leading to informed recommendations that drive business decisions. A successful candidate will need to possess strong analytical abilities, adept problem-solving skills, and foster collaborative relationships across various teams to ensure alignment on product improvements and compliance issues. Performance in this role will likely be evaluated based on measurable KPIs such as profit margins, successful adaptation to regulatory changes, and overall effectiveness in managing multiple projects while enhancing the customer experience for agents and policyholders alike.

Company Analysis:

Selective operates within the field of property and casualty insurance, distinguishing itself as a midsized, stable leader with a long-standing history of effective financial performance. The company’s emphasis on uniquely tailored insurance solutions suggests a customer-centric culture that values adaptability and personalized service. This aligns with Selective’s values of inclusion and diversity, fostering an environment where employees are encouraged to contribute their unique talents. Within this context, the Line of Business Analyst role holds strategic importance; it contributes to the company's growth objectives by ensuring products are relevant and profitable, directly impacting customer satisfaction and loyalty. The individual in this position will likely have considerable visibility, collaborating with senior leadership and various teams to enhance product governance and underwriting processes. Overall, working at Selective presents an opportunity to engage in meaningful work that not only supports business goals but enriches the employee's professional growth and satisfaction by participating in a high-performance culture committed to a mission-driven approach.

Mock up some interview questions based on the job description.

Absolutely. Here are some mock interview questions that could come up:

Tell me about a time when you had to manage multiple projects simultaneously. How did you prioritize your tasks?
Describe a situation where you identified a significant trend in the insurance market. How did you convey this information to your team or leadership?
Can you share an example of how you resolved a conflict between different teams when working on a project?
Tell me about a time when you had to adapt to a sudden change in regulations that affected your work. How did you handle it?
How would you approach analyzing a new insurance product’s performance in the market?
What methods or tools would you use to conduct a competitive analysis for a specific line of insurance?
Explain your understanding of ISO and AAIS standards and how they impact product development.
Imagine you are tasked with improving the profitability of a declining insurance line. What steps would you take to address this?
How would you handle a situation where a recommended change to underwriting guidelines faced resistance from stakeholders?
Why are you interested in working at Selective specifically? What aspects of our mission resonate with you?
How do you believe diversity and inclusion can affect work performance and team dynamics, particularly in the insurance industry?
What questions do you have about the daily responsibilities of this role?
Can you tell me about the opportunities for professional development at Selective?

Job Details

Overview Company

Line of Business Analyst/Senior Line of Business Analyst

$84k/y-$163k/y

Selective Insurance

3 days ago

Highlight

HybridFull-time3+ yearsMid

Summary

Selective Insurance is seeking a Line of Business Analyst/Sr. Line of Business Analyst (Hybrid) to join their team in Branchville, NJ. The role involves supporting profitability improvement and growth initiatives for assigned lines of business.

About the Role

As a Line of Business Analyst, you will partner with Product Development Specialists to manage Insurance Services Office (ISO), Selective proprietary, and American Association of Insurance Services (AAIS) rates, rules, and forms. You will analyze underwriting information, support product development, and ensure compliance with legal and regulatory requirements. The role includes monitoring profit and loss, providing analysis for rate reviews, and supporting predictive model efforts.

About You

Required:

Highly proficient written and verbal communication skills.
Possesses underwriting skills and broad knowledge of company products and underwriting guidelines.
Ability to solve problems and make sound decisions.
Ability to multi-task and manage workflows to meet production and service expectations.
Ability to develop relationships with internal and external customers/peers.
Ability to adapt to change as the company moves forward in its strategic vision.
Demonstrated proficiency in use of all supplied desktop tools, including automated underwriting and email systems.
Technical knowledge of ISO, AAIS.
Ability to research and analyze coverage.
Understand pricing methodology, rating structure, and underwriting for exposures.
3-5 years Underwriting/Claims/Loss Control or other insurance-related experience.

Preferred:

College degree preferred.
2+ years specific business segment experience.
2+ years of Risk Management or reinsurance experience.
2+ years Field Underwriting experience.
2+ years agency experience.

Benefits

Competitive base salary with incentive plan eligibility.
Comprehensive health care plans.
Retirement savings plan with company match.
Discounted Employee Stock Purchase Program.
Tuition assistance and reimbursement programs.
Paid time off plans.

Selective Insurance

At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected.

We know that no two customers are the same. That’s why we work closely with our independent agency partners to determine their specific coverage needs, so we can deliver business and personal insurance fit for their unique lifestyles. Backed by our unique programs, products, and value-added services, Selective policyholders can have proper piece mind knowing that what’s most important to them is well protected.

By working with customers every step of the way, we guarantee a highly personalized insurance experience. That’s what it means to Be Uniquely Insured.

Are you interested in applying for a job at Selective? Here is what our process looks like! Selective has many opportunities for talented individuals to join our team. If you apply to Selective, please know that Selective’s Talent Acquisition team thoroughly vets candidates through a screening and interview process that will always include a verbal conversation with a recruiter. All recruiting email correspondence from actual Selective recruiters comes from an Selective.com address – anything different should be considered suspicious. At no time will we ever ask you to provide personal financial or banking information before your first day.

Branchville, NJ