​​​​​​​P&C Product Owner Job at Akaasa Technologies, Remote

RDFaWk81WXRwaVhNOWdTczdhZ29hVENEOWc9PQ==
  • Akaasa Technologies
  • Remote

Job Description

P&C Product Owner

Remote

Position Summary

The General Liability Rating Systems Specialist is responsible for ensuring that ISO General Liability rates, rules, classifications, experience rating plans, and policy forms are accurately configured and implemented within the company's new policy administration and rating systems.

This role serves as the technical bridge between ISO circulars/filings and the new policy processing system execution, ensuring rating integrity, regulatory compliance, and production accuracy.

Key Responsibilities

1. ISO GL Circular & Filing Implementation

Review and interpret ISO General Liability circulars, rate filings, classification changes, and rule revisions.

Translate ISO updates into detailed system configuration requirements.

Answer any I.T. questions regarding the ISO GL configuration requirements.

Validate ISO circulars, state-specific ISO variations, and transition rules.

2. Rating System Configuration & Testing

Configure ISO:

Loss costs / rates

Classification codes

Minimum premiums

Increased Limits Factors (ILFs) and Deductibles

Experience rating parameters

Schedule rating logic

State-specific deviations

Ensure rating algorithms reflect ISO manuals accurately.

Conduct detailed unit, regression, and parallel testing to validate premium calculations.

3. Forms & Rule Alignment

Ensure ISO policy forms and endorsements trigger correctly based on:

Classification

Limits

State

Special exposures

Confirm system logic aligns with ISO eligibility rules and underwriting guidelines.

4. Quality Assurance & Controls

Perform premium validation testing against ISO manual examples.

Identify discrepancies between manual rates and system output.

Develop and maintain documentation of rating logic and system workflows.

Support internal and external go live audits.

5. Cross-Functional Collaboration

Partner with:

Product Management

IT / System Developers

Actuarial

Compliance / Regulatory

Underwriting Operations

Clarify ambiguous ISO rules and propose implementation solutions.

Assist underwriting and I.T. teams with rating questions and issue resolution.

Qualifications

5+ years of Commercial General Liability experience.

Strong knowledge of:

ISO CGL Manual

Classification codes

Experience rating plan

Increased Limits Factors and Deductibles

Premium audit adjustments

Experience working with policy administration or rating systems (Guidewire, Duck Creek, Majesco, Policy Decisions, Assure DXC, etc.).

Strong analytical and testing skills.

Ability to interpret ISO's GL rating manuals and translate into logic.

Detail-oriented with strong documentation skills.

CPCU or ARM designation preferred.

Core Competencies

ISO GL product expertise

ISO GL technical rating knowledge

Regulatory awareness

Systems thinking

Problem-solving

Precision and attention to detail

Cross-functional communication

Job Tags

Remote work

Similar Jobs

United Parcel Service

Seasonal Package Delivery Driver Job at United Parcel Service

 ...Drivers? Theyre the ones who drive our familiar brown trucks, bringing packages great and small to our customers. Theyre a friendly, physically active...  ...to comply with UPS appearance guidelines and wear the company-provided uniform Full-time casual package delivery... 

CRH

Distributor Truck Driver Job at CRH

 ...Job ID: 518595 Texas Materials, A CRH company, is a leading supplier of aggregates,...  ...of Texas. Position Overview The Truck Driver drives tack or distributor truck...  ...diversified structure that allows you to work in a small company environment while having the... 

Floyd County

Recycler / Baler Operator - Part-time Job at Floyd County

 ...Recycle Baler Operator for Floyd County Solid Waste Department is responsible for operating equipment/heavy machinery, hauling trash/recycled items, and maintaining facilities and equipment. DUTIES: Operates various vehicles, trailers, and equipment to collect and... 

Kolb Electric, Inc

Electrician Apprentice Job at Kolb Electric, Inc

 ...Kolb Electric, Inc. is looking for qualified 2-3 year Electrician Apprentice to join our dynamic team for our Central Maryland Servicing Location. We offer a collaborative work environment that fosters excellent career growth opportunities both professionally... 

STCU

Teller Job at STCU

 ...$18.38 - $21.00 per hour) Additional Information : Ready to apply? Click on I'm interested! Job Description The Teller position will engage in serving members accurately and efficiently with stated and unstated needs while providing unparalleled service...