What will the Insurance Product Development Associate do?
We’re looking for an Insurance Product Development Associate (100% Remote) who brings curiosity, passion and collaboration both internally and externally to be part of our core startup insurance product team. We need someone who can apply their knowledge of Commercial Lines of Business (e.g. BOP, General Liability, Professional Liability, Workers Compensation) to assist our team in developing new products and enhancements to existing products to serve our customers and agents.
We value team members who view what they do as a craft rather than a job. The primary purpose of this position is to perform a mix of operational and administrative duties to ensure that our products are organized, accurate and compliant.
- As an associate, you will work with the insurance product team to innovate, research, draft and file rates, rules and forms changes.
- You will also assist the Insurance Product team in circular tracking (ISO, NCCI), regulatory monitoring and drafting requirements.
- This role will work closely with the Insurance Underwriting, Compliance, Innovation, Operations, Growth and Marketing teams to maintain awareness of new product innovations and required product changes.
- The position reports directly to the VP of Insurance Products.
Superpowers we are looking for!
- You have a Bachelor’s degree or equivalent
- You have a minimum 2 years’ experience in insurance carrier, insurance agency or insurance bureau product development, operations, compliance or commercial insurance policy administration
- Basic knowledge of the policy life cycle and regulatory notice requirements
- Strong customer service skills dealing with difficult situations, and ability to resolve accounts in a delightful and professional manner
- Experience with multiple commercial policy types: BOP, Work Comp, etc.
- Familiarity with ISO or NCCI
- You’re organized and have excellent technical writing skills.
Extras that are awesome but not required!
- Familiarity with Ratefilings.com, S&P Global, Wolters Kluwer or other insurance research tool
- Experience with drafting policy documents (e.g. notices, endorsements or insurance policy contracts)
- Insurtech experience
What to expect!
Our hiring process generally consists of 3 phases.
- Phase 1: Qualified candidates will first meet with HR for a phone interview. This discussion is a high-level conversation to understand more about your background and interests and for us to share more about Coterie and the position.
- Phase 2: Selected candidates will then meet our Hiring Manager for the 2nd interview via Teams video. This interview is designed to be more detail oriented and allows you to learn more about the role
- Phase 3: Top candidates will receive an invite for our final interview series via Teams video. This series will include an experiential exercise project (provided in advance), 1:1 interviews with selected team members and a culture focused interview. The final series is roughly 1.5-3 hours in total but can be scheduled over a few days for flexibility.
What’s in it for you!
Coterie has excellent benefits for all full-time employees. We offer:
- Health insurance through Aetna (we pay 100%)
- Formalized, universal mentorship program via Core-Coaching program
- Dental and vision insurance (Guardian) (we pay 100% but there are limits)
- Unlimited PTO. We expect you to take at least 80 hours during the year not including most bank/federal holidays – Christmas Day, New Years Day, Thanksgiving, July 4, Memorial Day, Juneteenth, Labor Day. We also encourage the celebration of personal holidays and important family events.
- Basic Life Insurance
- Flexible Spending Account (FSA) or Health Savings Accounts (HSA) accounts for those using HSA eligible plans.
- Continuing Education Stipend.
- 401K plan (up 4% match with immediate vest)
- Perks/discounts plan access via Access Perks
- 100% Remote
- A culture with a deep belief in intentionality, inclusion, and treating you like the professional you are.
Our HQ is in Blue Ash, Ohio (4455 Carver Woods Dr, Blue Ash, OH 45242), but we operate as a 100% digital business which makes it easy to work remotely as your role allows.
About Coterie
Coterie is a business insurance startup that distributes flexible-term policies on our website and partner platforms. We value integrity, humility, passion, and intelligence. If you want to push yourself, promote social good, and re-shape a $200B+ market, we’re excited to talk to you.