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Insurance Form Analyst Jobs in Illinois (NOW HIRING)

Sr. Product Development Specialist

Chicago, IL ยท On-site +1

$78K - $107K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... form related questions posed by the State Departments of Insurance that arise throughout the filing process * Provide concise information to Regulatory Business Analyst to support accurate form ...

Product Analyst II

Chicago, IL ยท On-site

$70K - $80K/yr

  • Medical

  • Dental

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form filings for submission to department of insurance to satisfy state regulatory requirements

Product Analyst II

Chicago, IL

$70K - $80K/yr

  • Medical

  • Dental

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form filings for submission to department of insurance to satisfy state regulatory requirements

Product Analyst II

Chicago, IL ยท On-site

$70K - $80K/yr

  • Medical

  • Dental

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form filings for submission to department of insurance to satisfy state regulatory requirements

Product Analyst II

Chicago, IL ยท On-site

$70K - $80K/yr

  • Medical

  • Dental

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form filings for submission to department of insurance to satisfy state regulatory requirements

Product Analyst II

Chicago, IL ยท On-site

$70K - $80K/yr

  • Medical

  • Dental

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form filings for submission to department of insurance to satisfy state regulatory requirements

Product Analyst II

Chicago, IL ยท On-site

$70K - $80K/yr

... form filings for submission to department of insurance to satisfy state regulatory requirements Independently create and submit regulatory filingsResponsible for creating objection responses to ...

Forms & Product Analyst

Chicago, IL ยท Hybrid

$70K - $80K/yr

  • Medical

  • Dental

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form and rule filings for submission to the departments of insurance to satisfy state regulatory ...

Forms & Product Analyst

Chicago, IL ยท Hybrid

$70K - $80K/yr

  • Medical

  • Dental

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form and rule filings for submission to the departments of insurance to satisfy state regulatory ...

Forms & Product Analyst

Chicago, IL ยท Hybrid

$70K - $80K/yr

  • Medical

  • Dental

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form and rule filings for submission to the departments of insurance to satisfy state regulatory ...

Forms & Product Analyst

Chicago, IL ยท On-site

$70K - $80K/yr

  • Medical

  • Dental

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form and rule filings for submission to the departments of insurance to satisfy state regulatory ...

Forms and Product Analyst

Chicago, IL ยท On-site

$70K - $80K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form and rule filings for submission to the departments of insurance to satisfy state regulatory ...

Forms and Product Analyst

Chicago, IL

$70K - $80K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form and rule filings for submission to the departments of insurance to satisfy state regulatory ...

Forms and Product Analyst

Chicago, IL ยท On-site

$70K - $80K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Product & Actuarial Analysis Department designs, develops and launches new products and product ... form and rule filings for submission to the departments of insurance to satisfy state regulatory ...

R&D Specialist - CL

Pekin, IL ยท Hybrid

$73K - $98K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Read and interpret insurance policy language and various state or federal regulations * Communicate effectively in both oral and written form * Analyze, organize and prioritize work while meeting ...

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Showing results 1-20

Insurance Form Analyst information

What is an insurance form analyst?

Insurance Form Analysts are professionals who review, evaluate, and ensure the accuracy and compliance of insurance forms and documents. They check that policy forms adhere to state and federal regulations and are consistent with company guidelines. These specialists work closely with underwriters, compliance teams, and legal departments to identify discrepancies or errors and make recommendations for revisions. Their role is crucial in minimizing legal risks and ensuring that insurance products are clearly and accurately described to customers.

What are the key skills and qualifications needed to thrive as an insurance form analyst?

To thrive as an Insurance Form Analyst, you need a solid understanding of insurance products, regulatory compliance, and attention to detail, typically supported by a degree in business, finance, or a related field. Familiarity with insurance management software, document management systems, and often proficiency in Microsoft Office Suite are essential technical requirements. Strong analytical thinking, effective communication, and organizational skills help distinguish top performers in this role. These competencies are crucial for ensuring accurate form preparation, regulatory adherence, and effective collaboration with internal and external stakeholders.

What are some common challenges an insurance form analyst may face when reviewing complex policy documents?

Insurance Form Analysts often encounter challenges such as navigating varying state regulations, identifying inconsistencies or ambiguities in policy language, and ensuring that all forms comply with both internal standards and external legal requirements. These professionals must pay close attention to detail and stay up-to-date with frequent changes in insurance laws. Collaborating with underwriters, legal teams, and compliance officers is essential to resolve discrepancies and ensure accuracy in documentation.

What is the difference between Insurance Form Analyst vs Insurance Underwriter?

AspectInsurance Form AnalystInsurance Underwriter
CredentialsTypically requires a high school diploma or associate degree; certifications like CPCU or AINS are commonRequires a bachelor's degree, often in finance, business, or related fields; certifications like CPCU or ARM are beneficial
Work EnvironmentOffice setting, reviewing insurance forms and data entryOffice setting, assessing risks and approving policies
Employer & Industry UsageInsurance companies, brokers, and agenciesInsurance companies, underwriting firms, and brokers

Insurance Form Analysts focus on reviewing and processing insurance forms, ensuring accuracy and compliance. Insurance Underwriters evaluate risks and determine policy terms. While both roles are essential in the insurance industry, they differ in responsibilities, with underwriters making risk decisions and analysts handling documentation.

What cities in Illinois are hiring for Insurance Form Analyst jobs?

Cities in Illinois with the most Insurance Form Analyst job openings:

Sr. Product Development Specialist

Markel International

Chicago, IL โ€ข On-site, Remote

$78K - $107K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


Job description

What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it.

The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The Senior Product Development Specialist is responsible for form development of new or revised insurance products and programs, drafting insurance documents and researching coverage forms for Markel's US Insurance Division

What you'll be doing:

  • Develop forms for new and revised coverages and products for product leadership that convey underwriting intent, demonstrate market competitiveness, and incorporate clear and supportable language for the successful resolution of claims
  • Identify and confirm compliance with applicable regulations
  • Research competitors' forms and perform coverage comparisons as requested by the product line leader
  • Analyze, interpret and communicate impact of bureau form changes, and determine impact on existing coverage forms
  • Facilitate and conduct form project meetings by product, program, or line of business
  • Prepare proprietary forms and filing notices to assist the Regulatory Compliance Specialists with accurate and timely submission of product filings
  • Assist the Regulatory Compliance Specialists in their preparation of timely responses to form related questions posed by the State Departments of Insurance that arise throughout the filing process
  • Provide concise information to Regulatory Business Analyst to support accurate form implementations with all applicable policy administration functional areas to facilitate the integrity of the company's rules and forms contained within the company's policy systems.
  • Prepare communications regarding form management to product and business leadership
  • Lead in special projects and underwriting support, including but not limited to, creating and maintaining underwriting rules describing the use of each insurance form and endorsement as well as performing training seminars as needed
  • Assist, mentor, coach and proactively share knowledge in area of expertise with other associates to build the base of organizational knowledge within Product & Regulatory Services and Markel
  • Participate in educational opportunities to enhance job related skills and knowledge

What we're looking for:

  • Bachelor's Degree preferred
  • Minimum 5 years of experience in the commercial property and casualty insurance industry, preferably with experience in product development
  • Knowledge of commercial insurance products including manuals and coverage forms
  • Ability to conceptualize and design insurance forms and endorsements
  • Ability to interpret state laws and regulations as applicable to the insurance policy life cycle
  • Excellent communication skills
  • Solid analytical and problem-solving skills
  • Detail-oriented with strong organizational ability
  • Project management experience preferred
  • Technically competent in all standard business software applications including Excel and Word

#LI-AB

US Work Authorization

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information:

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure,demonstratedcompetencies, geographic location, and other factors. The national average salary range for theSr. Product Development Specialist is $78,000- $107,250 with 15% incentive.

Who we are:

Markel Group (NYSE - MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We're all about people | We win together | We strive for better

We enjoy the everyday | We think further

What's in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.

  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.

  • We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Are you ready to play your part?

Choose 'Apply Now' to fill out our short application, so that we can find out more about you.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:

  • All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.

  • All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.

Should you require any accommodation through the application process, please send an e-mail to therarecruiting@markel.com.

No agencies please.