A professional who evaluates insurance industry developments to update company products and procedures. Responsibilities include:

• Reviews industry publications and monitors pending legislation and regulations to determine impact of new developments on company insurance products.
• Consults with designated company personnel to disseminate information necessitating changes in language or provisions of insurance contracts and assists in preparation of documents or directives needed to implement changes.
• Corresponds or consults with agents, brokers, and other interested persons to determine feasibility and marketability of new products to meet competition and increase sales.
• Develops procedures and materials for introduction and administration of new products, and submits package for review by company personnel and regulatory bodies.
• May recommend lobbying activities to management.
• May direct or coordinate activities of other workers.
• May specialize in analyzing developments in group insurance operations and be designated Group-Contract Analyst.