Product Analyst Visa Sponsorship Jobs in New Jersey

About us:

At Selective, we don't just insure uniquely, we employ uniqueness.

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work® in 2025 for the sixth consecutive year.

Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

Overview:

Position supports the currency, accuracy, and regulatory compliance of insurance products for the assigned line(s) of business. Understands rates, rules, and forms relative to regional and state insurance bureaus. Works in conjunction with Insurance Product leadership to manage the inventory of bureau circulars and related analytical projects, and determines if the organization has to or chooses to adopt bureau changes. Provides rate integration, error research, and form and market research capabilities that complement the Product Development Specialist skill set.

All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Responsibilities:

• Insurance Partners with the Product Development Specialists to support Insurance Product department responsibility for Services Office (ISO), Selective proprietary, American Association of Insurance Services (AAIS) rates, rules and forms currency.
• Responsible for review and implementation of the National Council on Compensation Insurance (NCCI) and Independent State Workers Compensation Bureaus rates, rules and forms (WC only). Ensures a consistent business process and tools for insurance product development as respects to intake, tracking, review, materiality and decisions in terms of ISO, AAIS (or NCCI and Independent State Workers Compensation Bureaus) circulars and bulletins.
• Recommends actions outlining pros and cons when considering options with regard to circulars.
• Determines requirements needed to adopt circulars and reviews system ramifications of the circulars/bulletins.
• Collaborates with the Product Development Specialist regarding decisions, requirements and ramifications to Selective proprietary forms. Executes filing support activities including delay filings and state filing documentation.
• Supports Product Development Specialists' efforts to maintain inventory and accountability for existing rates, rules and forms. Includes oversight of delay/non-adopt ISO and AAIS (or NCCI and Independent State Workers Compensation Bureaus) circulars.
• Manages regulatory and filing compliance matters relating to rates, rules, and forms for the assigned line of business. Serves as the rate acumen subject matter expert within the Insurance Product team — supporting rate and rule ingestion, multi-state rate breakdown analysis, and the integration of rates into rating systems.
• Complements the Product Development Specialist forms skill set on the rate side of product implementation. Provides research and resolution support for errors and mods tied to rate, rule, and form deployment assisting in identifying root causes and coordinating corrections within the system and recommending process improvements to reduce recurrence.
• Provides project coordination and analytical partnership with Product Development Specialists on multi-state programs and major product initiatives — including research, requirements documentation, competitive form comparison, and implementation tracking.
• Conducts market research in support of insurance product development efforts — including competitive form analysis, coverage research, and self-service filings research using available tools for routine inquiries.
• Identifies insurance product trends or needs, defining opportunities and presenting opportunities to Insurance Product Leader.

QUALIFICATIONS

• Highly proficient written and verbal communication skills
• Possesses strong technical underwriting skills and broad knowledge of company products, forms, rates, and rules
• Working knowledge of rating structures and rate-rule integration, including how bureau rates flow into rating systems
• Ability to conduct self-service filings and competitive research using available market intelligence tools
• Ability to solve problems and make sound decisions based on diverse perspectives and effective use of data in a timely manner, even when faced with imperfect information
• Effectively manages and executes on the appropriate balance between strategic thinking and attention to detail
• Highly effective ability to develop relationships with internal and external customers/peers
• Fosters teamwork, collaboration and a positive work environment
• Acts as an early adopter and champion of new initiatives that align with organizational strategies
• Highly proficient in use of all supplied desktop tools, including the automated underwriting and email systems
• Strong working knowledge of ISO, AAIS or NCCI and Independent State Workers Compensation Bureaus circulars and bulletins
• Ability to research and analyze coverage
• Demonstrated ability to manage projects
• Experience working with rating structures, rate/rule pages, loss cost multipliers, or rate integration into policy administration systems
• Demonstrated experience analyzing coverage forms and endorsements — comparing competitor language, identifying coverage gaps, and evaluating compliance with state requirements
• Experience coordinating multi-workstream initiatives (e.g., multi-state adoptions, product launches, system conversions) involving cross-functional partners.
• College degree preferred
• 5+ years Commercial Underwriting experience
• Familiarity with insurance research platforms and filing databases (SERFF, SFDC, S&P Global Market Intelligence, or similar)
• 2+ years of experience with state regulatory filings, including preparing filings, managing filing timelines, and responding to Department of Insurance objections
• 3+ years specific line of business experience

TOTAL REWARDS:

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

PAY RANGE: USD $101,000.00 - USD $168,000.00 /Yr.

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

FOR MASSACHUSETTS APPLICANTS

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.