Search for Line of Business Analyst positions in Trenton, NJ, specifically in the insurance industry, with 3-5 years of experience, offering tuition assistance benefits, and ideally at mid-sized companies.

Okay, I've searched for Line of Business Analyst positions in Trenton, NJ, within the insurance industry, requiring 3-5 years of experience, offering tuition assistance, and at mid-sized companies. I have found 45 positions for you.

Line of Business Analyst

Trenton, NJ

Insurance

3-5 years

Middle

Tuition Assistance

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

Sure. Here's the analysis:

Job Analysis:

The role of Line of Business Analyst/Sr. Line of Business Analyst at Selective is fundamentally about supporting and driving profitability improvement initiatives within a specific line of insurance business. This position requires a fine balance of analytical prowess and strong collaborative skills, as the analyst will work closely with Product Development Specialists to align product offerings with industry standards from ISO and AAIS. A successful candidate will likely face challenges in adapting to evolving circulars and navigating potential ambiguities in underwriting practices, requiring sound judgment and effective communication. Success in this role within the first 6-12 months will hinge on the ability to provide insightful recommendations based on data-driven analysis of underwriting information and market trends, thereby enhancing product offerings and supporting the company's goals of improved profitability and tailored customer solutions.

Company Analysis:

Selective occupies a strong position in the property and casualty insurance industry as a midsized company with nearly a century-long history of reliable financial performance. Its recognition as a Great Place to Work and placement in Forbes Best Midsize Employers in 2024 suggests a commitment to a positive workplace culture that prioritizes employee contributions and diversity. This environment is likely fast-paced and innovation-driven, emphasizing collaboration with cross-functional teams. The Line of Business Analyst position is essential to the larger organizational framework, situated within a team that supports strategic profitability initiatives. This strong alignment with the company's mission to offer personalized insurance solutions creates a dynamic backdrop in which the analyst will be expected to contribute effectively. Long-term potential for candidates in this role lies in their ability to influence product development, support growth initiatives, and reflect the company’s values of uniqueness and community engagement.

Mock up some interview questions based on the job description.

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

Describe a time when you successfully improved a process within an insurance product or service. What steps did you take, and what was the outcome?
Can you give an example of a challenging problem you faced while working with underwriting guidelines? How did you approach finding a solution?
Tell me about a situation where you had to advocate for a particular course of action related to product development. What was your rationale, and how did you communicate it to stakeholders?
How do you prioritize multiple tasks and projects in a fast-paced environment, ensuring that you meet deadlines and expectations?
What specific skills do you have that make you proficient in using underwriting tools, and how would you apply these in this role?
How would you analyze market trends to make recommendations for new insurance products or enhancements to existing ones?
Suppose you identify a significant trend in claims activity that seems to contradict current underwriting practices. How would you address this situation?
Imagine a scenario where a new ISO circular is introduced that may affect your line of business. What steps would you take to assess its impact and communicate it to your team?
Why do you want to join Selective, and what do you believe you can bring to our mission of providing unique insurance solutions?
How do your personal values align with Selective's commitment to diversity, equity, and inclusion?
What aspects of our company culture resonate with you the most, and how do you see yourself contributing to it?
What questions do you have about how success is measured for the Line of Business Analyst role?
Can you elaborate on how you approach teamwork when collaborating with cross-functional teams on product development?

Job Details

Overview Company

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 Trenton, 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 ISO, Selective proprietary, and 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.

Preferred:

College degree preferred.
3-5 years Underwriting/Claims/Loss Control or other insurance-related experience.
2+ years specific business segment experience; or 2+ years of Risk Management or reinsurance experience; or 2+ years Field Underwriting; or 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.

Trenton, NJ