Telecommunication Rates Analyst jobs in Indiana

Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.

Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Specialty Insurance Company and Hudson Excess Insurance Company. Hudson Insurance Company is admitted in all U.S. jurisdictions. Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Specialty Insurance Company and Hudson Excess Insurance Company.

Hudson Crop is a unit of Hudson Insurance Group that provides a broad range of crop insurance products to farmers in all 50 states.

Collectively known as Hudson Insurance Group, its companies are rated A (Superior) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of Odyssey Group, a leading worldwide underwriter of reinsurance and specialty insurance and wholly-owned by Fairfax Financial Holdings Limited.

Position Summary: The Regulatory Rate and Forms Analyst will be responsible for coordinating, compiling, submitting and negotiating approval of rate, rule and form filings in support of Hudson’s goals and objectives and in compliance with state regulatory requirements. This necessarily requires working closely with all business units, including the actuarial department, to complete and facilitate appropriate filings.

Essential Functions:

• Prepares accurate submissions in order to obtain state’s approvals.
• Monitors ISOnet for any changes to ISO rule, forms and loss cost for each line of business, taking the necessary action to implement required changes.
• Prepares and/or makes necessary revisions to Company manuals and ensures all data contained in manuals is complete, current and accurate. Prepares bulletins to Company involving changes in rates, rules, forms and changes in state rules, regulations, and legislation.
• Researches the development and filing of routine forms as required by the various Business Units.
• Oversees pre-filing for the purposes of ensuring that all parties (Underwriting, Actuarial, Compliance, etc.) are aware of their responsibilities.
• Tracking the completion of pre-filing work to ensure that Compliance receives a complete package for filing purposes.
• Assists with the reviewing of policy forms and endorsements to ensure adherence to state legal and regulatory requirements.
• Responds to regulatory/compliance issues relating to forms compliance. Prepare responses to objections from state insurance departments.

Skills, Knowledge & Abilities:

• Good working knowledge of Insurance Department filing requirements, and a thorough working knowledge of requirements for preparation and successful submissions of insurance line filings and completion of the support documentation which is a part of such filings.
• Comprehensive knowledge of both personal and commercial insurance required. Knowledge of state requirements relative to rate and form filing procedures. Direct interaction with state legislative or regulatory bodies.
• Experience in using insurance financial data in the development of indicated rate level documents. Experience in research of legislative matters and coverage forms and ability to understand statutory language.
• Knowledge of the following: ISONet, SERFF, State Rules and Regulations, and LEXIS or other state statute source. PC Experience including spreadsheet design.
• Strong written and verbal communication skills, including formal and informal presentation skills. Able to work independently and as part of a team.
• Organizational and time management skills to manage deadlines and prioritize business needs. Able to work under time constraints.

Education/Experience:

• Bachelor’s Degree preferred.
• Previous experience monitoring ISOnet for any changes to ISO rule, forms and loss cost for each line of business and making the filings necessary to implement updates in all states.
• Previous use of system for electronic rates and forms filing (SERFF) to file policy forms in the states for approval.
• Previous use and knowledge of internet-based NILS or Oden sites to research and obtain statutory and regulatory information preferred.
• Minimum of 5-10 years’ experience in the property and casualty insurance industry.

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