Product Development Analyst
Apply NowCompany: American International Group
Location: New York, NY 10025
Description:
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Product Development Analyst to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team.
Make your mark in Product Development.
PRODUCT DEVELOPMENT ANALYST
The Product Development Analyst position is responsible for supporting Product Development staff members in their administration of the tasks/processes required to develop, file and implement insurance products used by the Programs Division.
How you will create an impact
What you'll need to succeed
Ready to take your career to the next level? We would love to hear from you.
For positions based in Jersey City, NJ the base salary range is $76,000-$102,000. For positions based in NYC, the base salary range is $70,000-$95,000. The position is eligible for a bonus in accordance with the terms of the applicable incentive plan. A summary of benefits can be viewed here: 2025 Benefits Summary.
#LI-HB1
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of belonging
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: http://www.phila.gov/HumanRelations/PDF/BTB%20POSTER%20FINAL_3-9-16.pdf
Functional Area:
UW - Underwriting
National Union Fire Insurance Company of Pittsburgh, Pa.
Make your mark in Product Development.
PRODUCT DEVELOPMENT ANALYST
The Product Development Analyst position is responsible for supporting Product Development staff members in their administration of the tasks/processes required to develop, file and implement insurance products used by the Programs Division.
How you will create an impact
- Support Product Development Managers on various product and filings related tasks.
- Serve as a liaison between the Programs team, and between the Programs staff, the State Filings Department, and the Program Administrator.
- Handle administrative and technical aspects of the product development and state filings processes. Format policy forms/endorsements, assign form numbers/edition dates, etc. Perform simple forms drafting such as State amendatory endorsements. Assist with the development of form/rate/rule manuals.
- Provide filings preparation support filing including completion of related transmission documentation (request forms, transmittals, checklists, forms lists, explanatory memoranda, etc.).
- Perform product and related compliance maintenance (including update of UM/UIM Status Sheets & IRPM/Schedule Mod Workbooks as an example, reviewing and intake of bureau circulars, review, intake and implementation of corporate changes, and drafting and implementation of regulatory/bureau form changes).
- Provide support for the manuscript endorsement request/development process.
- Update and maintain product library, forms lists, product form/rate/rule manuals, product repositories including the Global Forms Library, status sheets, etc.
- Track progress of filing approvals and respond to requests for filing status and copies of forms and/or filings.
- Support requests for competitive analysis, and product and filing research for Program Managers, Product Line Officers, Actuarial, Systems and other Stakeholders.
- Resolve product and filings discrepancies.
- Upload completed filings to AIG Programs external website and internal SharePoint repository.
- Assist with systems implementation of products.
- Assist with product inquiries on Market Conduct Exams.
- Align with Product Development staff members to further expertise in insurance product development and filing processes.
- Additional ad-hoc requests and handling of special projects as requested by VP of Product Development.
What you'll need to succeed
- 5+ years of relevant experience in insurance industry.
- Experience in Commercial Lines property/casualty insurance products.
- Working knowledge of ISO Commercial Lines and AAIS products, package policy structure, and Programs business.
- Bachelor's degree and insurance designations (CPCU, AU, ARM, etc.) preferred, will consider applicable insurance experience in lieu of degree.
- Proficiency in Microsoft Office applications - Word, Excel, PowerPoint, etc.
- Proficiency in SharePoint.
- Strong research skills, including use of AM Best State Filings, RateFilings.com, SERFF, etc.
- Effective oral and written communication skills.
- Excellent organizational and project management skills.
Ready to take your career to the next level? We would love to hear from you.
For positions based in Jersey City, NJ the base salary range is $76,000-$102,000. For positions based in NYC, the base salary range is $70,000-$95,000. The position is eligible for a bonus in accordance with the terms of the applicable incentive plan. A summary of benefits can be viewed here: 2025 Benefits Summary.
#LI-HB1
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of belonging
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: http://www.phila.gov/HumanRelations/PDF/BTB%20POSTER%20FINAL_3-9-16.pdf
Functional Area:
UW - Underwriting
National Union Fire Insurance Company of Pittsburgh, Pa.