Commercial Filing Analyst

Job Summary

Creates, monitors and submits all applicable Commercial insurance regulatory filings including forms, rates, and rules according to individual state department(s) of insurance regulations and timelines. Serves as a subject matter expert for filing process and regularly conducts research to resolve discrepancies. Works independently and operates as a resource for stakeholders and peers.

Essential Job Functions

Collaborate with business partners to provide guidance, prepare, manage and submit rates, forms and rules filings specifically pertaining to Commercial business. Ensures adherence to State DOI rules, regulations, and timelines. Makes proper judgment around filing preparation and responds appropriately to objections. Interprets Commercial Product Change Requests (PCRs), compares requests, identifies revisions to be made and initiates filing changes. Assists with the composition, assembly, and submission of filing documents. Communicates and partners with other functional departments, State DOI and Legal to monitor filing progress, and obtain necessary approvals for filing submission and final filing. Completes peer reviews and verifies final material and approvals before submission. Assists in the development of Commercial policy forms and endorsements needed to support Commercial product strategies and corporate objectives. Uses attention to detail to identify inconsistencies within form language and initiates changes to forms prior to filing. Initiates updates to master filing language and uses sound judgment to provide recommendations for policy and endorsement verbiage. Prepares endorsement comparisons for forms used by the enterprise. Draft filing related materials to include checklists and certifications. Serves as subject matter expert for internal and external Commercial filing process. Promotes continuous improvement and efficiency in filing processes. Partners closely with Product and Actuarial departments when filings are questioned, challenged, or otherwise not promptly approved as submitted. Reviews objection responses for accuracy and completion. Works closely with Product Managers relating to approvals, disapprovals, delays, or requests for information from the state DOI. Discovers process recoveries based on research and review of objections, manuals, and PCRs. Maintains up-to-date knowledge of regulatory filing rules and guidelines. Retains correspondence with insurance departments necessary to obtain information, using proper judgment and discretion to determine filing strategy. Verifies and initiates the format of filing media to ensure compliance with state DOI regulations and requirements. Maintains computer-based log providing filing status and electronic storage of filing documents. Provides maintenance of regulatory filings, bulletins, assessments, and other regulatory matters. Updates and maintains applicable insurance manuals, filing guides, historic information relevant to products for filing, posting, and reference. Performs research based on state DOI inquiries. Researches files to provide documentation for insurance exams. Performs research when information discrepancies arise and discover resolution options. Coordinates assembly and submission of data calls. Updates all product manuals and guides for historical records. Communicates and follows up with Product Management teams to verify and confirm all updates. Validates manuals and guides are filed and posted timely to internal reference sites. Analyzes and provides historical filing manual and guide requested material. Provides support for projects and research related to rate, rule, and form historical filings and documentation. Perform other functions as assigned.

Physical Actions

Job is performed in-person at a Farmers office or virtually at an approved alternative work location. The physical work environment is indoors and climate-controlled with adequate lighting and ventilation. Normal and customary distractions include background noise produced by office equipment and chatter among people, as well as interruptions. Frequently sits for prolonged periods of time, up to a full shift. 1 of 2 Occasionally moves about the workplace including, navigating stairs, ramps, and level or uneven surfaces.
Occasionally moves, pushes, pulls, lifts, carries, and/or places objects or materials weighing up to 25 pounds without assistance. Frequently uses shoulders, arms, hands, and fingers to manipulate equipment, tools, and objects necessary to perform job duties.
Frequently performs fine motor tasks such as typing, mousing, or writing, up to a full shift. Rarely performs movements such as bending, stooping, crouching, kneeling, twisting, and reaching overhead or below the knees. Possesses clear vision, with or without correction, to visually read and verify information. Relies on depth perception and peripheral vision to navigate the work environment visually by identifying barriers, changes in terrain and locating objects. Possesses adequate hearing, with or without correction, to communicate with co-workers, respond promptly to auditory signals or alarms, and discern sounds essential for maintaining safety and productivity in the workplace. Jobs in this category require rare, if any, travel.

Education Requirements

High School Diploma or equivalent required.
Bachelors degree preferred.

Experience Requirements

3-5 years experience in compliance or regulatory role working with process and material validation specific to Commercial Insurance, and maintaining document version control.
Commercial Insurance experience required. Experience working in a highly regulated environment required.

Additional Qualification

Strong verbal communication and listening skills.
Demonstrated written communication skills.
Possesses strong technical aptitude. Emphasis on a Commercial line of business.
Demonstrated time management and priority setting skills. Ability to perform work independently with a high degree
of initiative.
Demonstrated analytical skills.
Demonstrates a high level of accuracy, even under pressure.
Proficient computer skills.