Analyst, Coverage and Forms
Who Are We?
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
ProductCompensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$67,000.00 - $110,600.00Target Openings
1What Is the Opportunity?
The Coverage & Forms team plays a critical role in the strategy, development, maintenance, and compliance of insurance products that are offered to customers and agents. As an Analyst, Coverage & Forms, you will play a supporting role in the revision and enhancements of coverage forms and contracts, coverage rules and customer notifications.What Will You Do?
- Perform maintenance or revisions to policy coverage forms, coverage rules, contracts, and non-policy forms. Draft forms wording with assistance from team members. Create filing documentation.
- Validate and confirm form changes meet state regulation and statutes using compliance tools and other resources.
- Conduct basic competitor coverage analysis and when required, create side-by-side coverage comparisons for filing documentation and other purposes.
- Understand the impact coverage and form changes and decisions have on stakeholders. Perform basic coverage and form analysis and respond to questions or inquiries.
- Conceptualize, synthesize, and resolve coverage, wording, and forms issues.
- Adhere to workflow processes and controls and ensure form changes align with requirements and state filings. Utilize forms development and testing/validation tools.
- Perform form responsibilities with basic understanding of rate, quote, issuance, and publishing systems to facilitate development of forms. With assistance, support required system implementation of form changes including communication, documentation, and forms validation.
- May assist with development of communications, documentation, training, and marketing materials.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Two years of insurance forms/product development, claims, or legal experience.
- Working knowledge and understanding of insurance products, systems, forms, coverage, compliance, regulatory environment, and insurance financials.
- Strong written and verbal communication skills.
- Basic organization and time management skills.
What is a Must Have?
- Bachelor's Degree or equivalent combination of education and experience.
- One year of professional work experience.
What Is in It for You?
- Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
- Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.