FBS Rate Change Implementer Sr
Our Client is one of the United States’ largest insurers, providing a wide range of insurance and financial services products with gross written premium well over US$25 Billion (P&C). They proudly serve more than 10 million U.S. households with more than 19 million individual policies across all 50 states through the efforts of over 48,000 exclusive and independent agents and nearly 18,500 employees. Finally, our Client is part of one the largest Insurance Groups in the world.
What to expect on your journey with us:
- A solid and innovative company with a strong market presence
- A dynamic, diverse, and collaborative work environment
- Leaders with deep market knowledge and strategic vision
We count on you for:
- Provides detailed procedural rate and rule implementation advice to internal clients to ensure adherence to internal standards. Analyzes product and rate change requests for accuracy and ensures changes are consistent with request, made in a timely fashion and all technical requirements are included.
- Responsible for verifying proposed product changes are compatible with current production loadings.
- Determines which system tables require updates to accommodate requested product changes and if updates are needed.
- Verifies table change requests and coordinates changes with Tables Management Develop simple business cases for defined projects in rate change process, determine potential benefits, clarify the rational for in vestment and supports the planning process.
- Completes systems analysis to determine proper loading of changes and loads rates and forms from product change request into appropriate rating system.
- Assists with the conceptual design of system rating tables.
- Collaborates with product specialists in all relevant area of expertise to ensure that the rate and product changes under development are built and delivered in an integrated fashion.
- Performs and coordinates actual testing in appropriate testing region, rate engine and/or platforms to verify that requested changes function correctly. Verifies accuracy of calculated premiums.
- Reviews printed test policies including forms, rates, and applicable rules for accuracy.
- Debugs rate changes, test cases and policies to ensure accurate change implementation.
- Coordinates testing and migration dates with outside vendors when programming changes are required and/or are part of a corporate release.
- Create process recovery documents and participates in process recoveries.
- Assists supervisor with hiring process and mentors and trains lower level employees.
- Assists with special projects.
- Bachelor’s degree
- Strong technical skills, especially in Excel and SQL.
- Familiarity with manual and automated testing processes.
- Experience
- Ability to challenge processes constructively and ask insightful questions.
- Experience working in a structured, deadline-driven environment with a focus on quality delivery.
- Insurance (P&C) and/or financial background
This position comes with competitive compensation and benefits package:
- Competitive salary and performance-based bonuses
- Comprehensive benefits package
- Career development and training opportunities
- Flexible work arrangements (remote and/or office-based)
- Dynamic and inclusive work culture within a globally renowned group
- Private Health Insurance
- Pension Plan
- Paid Time Off
- Training & Development
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