Role: P&C Product Owner as General Liability Rating Systems Specialist (ISO GL Forms, Rules & Rate Implementation)

Role: P&C Product Owner as General Liability Rating Systems Specialist (ISO GL Forms, Rules & Rate Implementation)
Location: Remote

Job Description:

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