Insurance Contract Analyst 5

OPRAS is seeking a senior level contract analyst. This position is considered advanced and requires strong analytical skills and the ability to manage multiple assignments. The ideal candidate will be knowledgeable in Property and Casualty insurance products and related Ohio and Federal insurance laws and regulations.

If this sounds interesting to you, continue reading below to learn more about this career opportunity with CSD where you too can be available to support those who serve Ohioans.

Your Key Responsibilities include but are not limited to the following:

As an Insurance Contract Analyst 5, your key responsibilities would include but are not limited to:

• Analyzing complex Property and Casualty insurance product submissions for compliance with state and federal laws, regulations, bulletins and policies.
• Notifying insurance companies of compliance issues with their proposed property & casualty insurance products, providing necessary information to the filers, and approving for use in Ohio.
• Researching and understanding relevant compliance requirements.
• Creating and maintaining compliance review tools and work management tools to aid in assigned responsibilities; and
• Assisting lower-level property and casualty insurance contract analysts.

10 yrs. exp. in insurance field working with contracts & with insurance product development responsibility (e.g., health; life; annuities; personal lines; commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field) including responsibility for compliance with recognized state & federal laws, regulations & standards; 6 mos. exp. in operation of personal computer or mainframe computer.

• Or 10 courses in insurance pertinent to assigned division (e.g., for positions in managed care division, courses must be in managed care field, for positions in property & casualty division, courses must be in property & casualty field, for positions in life & health division, courses must be in life & health field); 7 1/2 yrs. exp. in insurance field working with contracts & with insurance product development responsibility (e.g., health; life; annuities; personal lines; commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field); including responsibility for compliance with recognized state & federal laws, regulations & standards; 6 mos. exp. in operation of personal computer or mainframe computer.
• Or completion of undergraduate core program in insurance, business or mathematics; 8 yrs. exp. in insurance field working with contracts & with insurance product development responsibility (e.g., health; life; annuities; personal lines; commercial lines) pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care field, for positions in property & casualty division, exp. must be in property & casualty field, for positions in life & health division, exp. must be in life & health field) including responsibility for compliance with recognized state & federal laws, regulations & standards; 6 mos. exp. in operation of personal computer or mainframe computer.
• Or 2 yrs. exp. as Insurance Contract Analyst 4, 66744, pertinent to assigned division (e.g., for positions in managed care division, exp. must be in managed care division, for positions in property & casualty division, exp. must be in property & casualty division, for positions in life & health division, exp. must be in life & health division).
• Or equivalent of Minimum Class Qualifications For Employment noted above.

Product Development: The process of developing a product includes: researching & analyzing competitive markets, financial impact, risk factors & contract language implications to the insurance entity. The process also includes drafting, writing & editing contracts, manual rules, solicitation materials, etc. The product may be a rate, rule, contract, guideline, solicitation material or any portion thereof. Complete products or portions thereof are submitted to the assigned division (e.g., Life & Health Division or Property & Casualty Division or Managed Care Division) at which time they are referred to as product submissions.

Job Skills: Insurance