Product Analyst - Property & Casualty Insurance (Hybrid)

American Family InsuranceBoston, MA
$69,000 - $115,000Hybrid

About The Position

This role supports a team of product managers with reporting and analysis of profit and loss, competitive intelligence, and the competitor landscape across the auto product for states in our central region. While technical skills are required, the role is primarily business-focused, with a preference for candidates with prior experience working with business partners on financial analysis. The position provides analysis to help build auto product strategy recommendations for division and department leadership, based on research, performance data, and competitor actions. Responsibilities may include specializing in researching competitor products, developing or enhancing product/contract language, underwriting guidelines, and/or analytics. The role reports to a Senior Manager, Product. This is a hybrid role, requiring a minimum of 10 days per month in the office. Candidates should reside within approximately 35-50 miles of the Madison, WI or Boston, MA office locations. Internal candidates are encouraged to apply. Sponsorship for this position will not be considered.

Requirements

  • Prior insurance experience is a plus, but not required.
  • 2+ years of experience with Tableau, Data Studio/GCP, SQL preferred, or equivalent tools.
  • Demonstrated experience providing customer-driven solutions, support or service.
  • Demonstrated experience with various PC software applications and Microsoft Office products.
  • Solid knowledge and understanding of insurance product design and underwriting concepts in area of expertise.
  • Solid knowledge and understanding of market research and marketplace trends in insurance coverage.
  • Basic knowledge and understanding of project management methodologies, practices, techniques and tools.
  • Offer will be made contingent on the results of applicable background checks and signing a non-disclosure agreement for proprietary information, trade secrets, and inventions.
  • Sponsorship will not be considered for this position unless specified in the posting.

Nice To Haves

  • Past experience working with business partners on financial analysis is preferred.

Responsibilities

  • Provides information to leadership/management that will affect profit and growth plan execution on an ongoing basis.
  • Develops reports, analysis, or recommended strategies related to product development or enhancement, product language, underwriting guidelines, processes, and agent business practices.
  • Analyzes information and presents opportunities to improve product or business practices and procedures.
  • Monitors effectiveness of current products and recommends changes and/or enhancements to management.
  • Analyzes information and/or data in support of the formulation and execution of operational plans.
  • May specialize in supporting pricing activities related to rate reviews, profit and loss ratio-based reviews, experience rating programs.
  • Researches philosophies and strategies that support growth and long-term profitability goals.

Benefits

  • Comprehensive medical, dental, vision and wellbeing benefits
  • Competitive 401(k) contribution
  • Pension plan
  • Annual incentive
  • 9 paid holidays
  • Paid time off program (23 days accrued annually for full-time employees)
  • Student loan repayment program
  • Paid-family leave
  • Relocation support is offered for eligible candidates.
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