Product Analyst- Hybrid/Remote

Great American Insurance Company•Richfield, OH

4d•Hybrid

About The Position

National Interstate Insurance Company, a member of Great American Insurance Group, is seeking a Product Analyst to develop products and solutions that support premium growth and maintain the competitiveness and profitability of existing products. The position works on a hybrid schedule from the Richfield office: employees are expected on-site four days per week, with one remote day. Core in-office days are Tuesday through Thursday, and the fourth on-site day is based on business needs. The Product Analyst conducts market research, analyzes market data and customer feedback, and collaborates with underwriting, actuarial, claims, marketing, business development, and insurance operations teams. The role contributes to product design, specifications, pricing strategies, policy language, product and rate revisions, underwriting guidance, and product launch support. It may also include developing and presenting training on products and product changes. Occasional travel may be required. Applicants must be authorized to work in the United States without current or future employment visa sponsorship.

Requirements

Bachelor’s degree in Business, Economics, Statistics, or a related field.
Generally, at least five years of related underwriting or product experience.
Strong technical knowledge of insurance products and lines of business.
Develop and maintain knowledge of industry laws and regulations.
Proficiency in interpreting competitive data and industry trends.
Strong analytical skills and the ability to use data to inform decisions.
Demonstrated decision-making ability and a customer-centric mindset.
Excellent communication skills and the ability to build relationships.
Must be authorized to work in the United States without the need for current or future employment visa sponsorship.

Nice To Haves

Completion of or continuing progress toward a relevant professional designation, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), Certified Licensing Professional (CLP), or another applicable designation.

Responsibilities

Develop new products and solutions to enhance premium volume growth and help ensure existing products remain competitive and profitable.
Conduct comprehensive market research to identify trends, opportunities, and the competitive landscape.
Collaborate with underwriting, actuarial, and claims teams to design insurance solutions and develop product specifications, pricing strategies, and policy language.
Analyze market data and customer feedback to identify opportunities for product enhancements, improvements, and new product development.
Develop and execute product strategies and roadmaps to achieve business goals.
Conduct SWOT analyses to evaluate product strengths, weaknesses, opportunities, and threats.
Participate in developing product and rate revisions, underwriting guidelines, manuals, and procedures.
Work with marketing, business development, and insurance operations teams to support successful product launches and ongoing product needs.
May develop and present training on new products and product changes to internal teams and agents.
Perform other duties as assigned.