Hiring: Product Development Analyst Company: MSIG USA Location: Warren, NJ Job Posted Time: 2026-09-10 15:06:47 Target Skills & Keywords : Business Analysis, Systems Design About the job Experience: •5 years of experience in requirements development, business analysis, or system analysis within the commercial insurance industry. Required Skills: •Business Requirement Development: Partner with product owners, underwriting, actuarial, and state filings to capture product intent and translate it into clear, detailed business requirements for commercial insurance products. •Forms, Rules & Rating Specifications: Document form attachment/inference conditions, static versus dynamic (variable-data) forms, dynamic data fields, business rules, and rating logic by writing company and state, so that Technology has an unambiguous specification to build from. •Product Scoping: Complete initial scoping documents estimating form counts, variable/dynamic-data scope, rating impacts, states, and writing companies to provide Technology enough information for early effort sizing before full requirements are finalized. •Business Point of Contact: Serve as the business liaison to Technology throughout the build, answering questions, clarifying intent, resolving requirements related issues, and confirming that what is built matches what was specified without stepping into system design or configuration. •Acceptance Validation: As needed, review delivered functionality and support user acceptance testing to validate that forms behave as documented in the requirements. •Circular & Bulletin Monitoring: Monitor bureau circulars (e.g., AAIS/ISO/NCCI) to determine company action and translate impacts into product requirement updates ensuring products remain compliant with applicable laws and standards. •Stakeholder Coordination: Coordinate across product owners, Technology delivery leads, actuarial/underwriting, operations, compliance, and external vendors to keep requirements aligned and delivery on schedule. Qualifications: •Insurance Knowledge: Strong understanding of commercial insurance products, including general liability, property, financial lines and other property & casualty lines, and how forms, rules, and rating plans function. •Systems Familiarity: Familiarity with commercial insurance policy administration platforms from a business requirements perspective. •Regulatory Acumen: Working knowledge of bureau circulars, state filing/regulatory requirements, and how regulatory change translates into product requirement updates. •Analytical Skills: Ability to analyze policy forms and rules and translate them into precise, unambiguous requirements for a technical audience. •Communication & Teamwork: Excellent written and verbal communication skills, with the ability to work independently and collaboratively across business and technical audiences. •Problem Solving: Strong critical thinking and problem-solving skills with a focus on delivering effective, compliant solutions and attention to detail. •In-depth knowledge of commercial and financial lines of business. •In-depth knowledge of the state filing processes. Compensation: •Comprehensive medical, dental, and vision coverage Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!