COMPARATIVE RATER ANALYST
2 days ago
Orlando
Job DescriptionPosition Summary The Comparative Rater Analyst ensures the accuracy, competitiveness, and compliance of our insurance products across external comparative rating platforms (e.g., Vertafore PL Rating, EZLynx, ITC TurboRater, Applied Rater, QuoteRush) and internal rating and policy systems. This role blends product expertise with data-driven analysis, owning configuration governance, end-to-end validation, documentation, and root-cause analysis to deliver a seamless, reliable agent quoting experience across personal and/or commercial lines. Primary Responsibilities 1. Comparative Rater Configuration & Governance • Maintain, update, and validate rating algorithms, coverage mappings, underwriting questions, eligibility rules, and product details across raters, • Translate rate filings, rules, and product changes into accurate rater configurations in partnership with Product, Actuarial, Sales, and Compliance, • Manage carrier profiles, rate cards, and rating parameters within each platform 2. Data Analysis & Validation • Analyze inbound/outbound data exchanged with comparative raters for accuracy, completeness, and consistency with filed rates and underwriting rules, • Build and run SQL queries and advanced Excel analyses to reconcile quotes against internal systems, • Produce data-driven insights and regular reporting on discrepancies, trends, and competitive positioning 3. Testing & Release Management • Develop and execute test plans, regression suites, and scenario modeling for rate changes, underwriting updates, and vendor releases, • Validate end-to-end flows (rating → underwriting → bind) to ensure functionality and compliance across states and products, • Coordinate release schedules with internal teams and rater vendors and track defects through resolution 4. Issue Management & Root-Cause Analysis • Investigate and resolve discrepancies between rater quotes and internal systems; document root cause, impact, and corrective actions, • Triage production issues impacting agents or internal stakeholders; proactively prevent recurrence via controls and test coverage 5. Documentation & Knowledge Management • Create and maintain data mapping specs, rating logic assumptions, decision tables, known limitations, and issue resolution logs, • Maintain a current library of test cases and regression scenarios aligned to filings and state variations 6. Vendor & Stakeholder Management • Serve as liaison to external rater vendors and internal partners (Product, Underwriting, IT, Sales/Distribution, Compliance), • Ensure transparent communication, timely updates, and professional collaboration with diverse stakeholder groups 7. Monitoring, Feedback & Optimization • Monitor production data and agent feedback to identify trends, errors, and opportunities for improvement, • Recommend and help implement competitive enhancements (e.g., default selections, coverage ordering, question strategy) to improve quote speed and win rate 8. Compliance & Audit Readiness • Ensure configuration and outputs align with filed rates/rules and regulatory requirements, • Support audits and market conduct exams with robust evidence and documentation Qualifications Required • Demonstrated ability to validate rating logic, coverage structures/mappings, underwriting/eligibility rules, and state variations, • SQL proficiency (joins, filters, aggregations) and advanced Excel (PivotTables, XLOOKUP/INDEX-MATCH, nested formulas; Power Query preferred), • Experience analyzing system integrations/data mappings and reconciling outputs across platforms, • Strong written documentation: business & technical requirements, data flows, test scenarios, decision tables, • Clear, confident communication with technical and non-technical audiences; thrives in a fast-paced, priority-shifting environmePage Break Preferred • 3+ years of P&C insurance experience spanning comparative raters, rating engines, underwriting systems, or policy administration systems, • Hands-on with multiple raters: Vertafore PL Rating, EZLynx, ITC TurboRater, Applied Rater, QuoteRush, • Exposure to rating engines and Policy Administration Systems (Guidewire preferred), • Experience with Power BI for data visualization and performance monitoring, • Scripting experience (e.g., Python or R) for data validation/automation is a plus Core Competencies • Analytical Rigor & Problem Solving: Uses data to diagnose, quantify, and resolve issues, • Systems Thinking: Understands end-to-end flows across raters, rating engines, underwriting, and Policy Administration Systems, • Detail Orientation & Quality: High bar for accuracy; builds controls to prevent recurrence, • Stakeholder & Vendor Management: Aligns cross-functional priorities and timelines, • Communication & Documentation: Clear, concise, and audience-appropriate, • Bias for Action: Prioritizes impact, drives timely outcomes, and continuously improves Education • Bachelor’s degree or equivalent combination of education and relevant experience.