Job details

Senior Product Analyst

Summary

The Senior Product Analyst is a key member of the Product Management team reporting to the VP, Product Management. We are seeking a talented analyst with experience in quantitative skills including an analytic background to assist in the development of new states and products and the management of the existing business in support of our growth and profit objectives.

Duties and Responsibilities

Responsible for implementing countywide strategies in designated markets in addition to developing state specific changes, including creation of actuarial support.
Engage a network of reliable, efficient working relationships with other departments including countrywide product, product development, underwriting, claims, service, marketing, communications and other areas that support the business to monitor market dynamics and lead efforts to make changes to business offerings and processes.
Attempt to resolve roadblocks while achieving state level objectives.
Responsible for executing end to end state rate changes from original analysis through field alignment, filing submission, and system implementation, complying with state specific standards, and maintaining state compliance and competitiveness.
Establish goals independently for state rate reviews, including indication analysis utilizing provided data access and support.
Create concise proposals to communicate recommendations to stakeholders.
Ensure Rate & Rule Manuals are up to date and consistent organizational standards.
Mentor/manager to junior analysts.
Monitor competitor activities and provide field partners with insights with the ability to ascertain relevant items in a timely manner.
Conduct original analysis to uncover trends across loss performance and competitive intelligence.
Cultivate relationships with insurance departments and legislators to facilitate rate revision approvals.
Stay on top of compliance issues at the state level.

Position Requirements

3+ years of relevant, analytical experience
Background in P&C Insurance required, High Net Worth experience a plus
Excellent analytical, quantitative and problem-solving skills and strong attention to detail
A minimum of a Bachelor’s degree is strongly preferred, ideally in an analytical field of study such as Economics, Finance, Math, Statistics or Actuarial Science
Versed in the Actuarial rate making process
Excellent Excel skills
Ability to organize and transform large datasets to stand up analytical exercises
Ability to write and update SQL queries a plus
Well-developed oral and written communication skills; comfortable speaking in front of large and small groups
Consultative leadership style; strong organizational skills, problem solving and analytical skills
Good interpersonal skills and the ability to work well in a team environment
Deep knowledge of the North American P&C industry, competitors, insurance product pricing, financial drivers of profitability; comprehensive understanding of legislative and Department of Insurance regulations

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