Ascii Group, LLC is seeking a Business Analyst with expertise in Commercial General Liability. The role involves reviewing and interpreting ISO General Liability circulars, translating updates into system configuration requirements, and conducting rating system configuration testing.
Responsibilities:
- 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
- Configure ISOLoss costs ratesClassification codesMinimum premiumsIncreased Limits Factors (ILFs) and DeductiblesExperience rating parametersSchedule rating logicState-specific deviationsEnsure rating algorithms reflect ISO manuals accurately
- Conduct detailed unit| regression| and parallel testing to validate premium
Requirements:
- 6+ years of relevant experience
- 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 ISOs GL rating manuals and translate into logic
- Detail-oriented with strong documentation skills
- ISO GL product expertise
- ISO GL technical rating knowledge
- Regulatory awareness
- Systems thinking
- Problem-solving
- Precision and attention to detail
- Cross-functional communication
- CPCU or ARM designation