Product Analyst

Grange Insurance Association•Seattle, WA

1d•$76,041 - $139,678•Hybrid

About The Position

Join Grange Insurance Association, a well-established leader in the insurance sector for over 130 years! Headquartered in the city of Seattle, with a footprint stretching across six Western states, we've been protecting families, farms, and businesses with unwavering commitment. As you embark on a fulfilling career with Grange, discover why our average employee tenure surpasses a decade. Make your mark with an organization that values quality, service, and the lasting impact you can bring! This is a hybrid position, requiring 2 days a week in the Seattle office. Position Overview: The Product Analyst supports the advancement of the company’s Property & Casualty insurance products through a data-driven, AI-first, and digital-enabled approach. In partnership with the Product Manager, the role supports product development, performance monitoring, and ongoing enhancements, delivering insights that improve profitability, inform product strategy, and enhance underwriting performance and outcomes. Working cross-functionally with Product, Underwriting, Actuarial, Claims, and Information Technology, this role collaborates to incorporate analytics, automation, and emerging technologies into decision-making processes —supporting efficient workflows, improved underwriting consistency, and scalable operations.

Requirements

Bachelor’s degree in business, Risk Management, Finance, Economics, or related field.
2-4 years of experience in Property & Casualty insurance, analytics, or related field.
Foundational understanding of underwriting, rating, and insurance product structures.
Strong Excel and PowerPoint skills.
Strong communication and collaboration skills.

Nice To Haves

Experience with analytical tools such as Power BI, Tableau, or SQL
Exposure to data, automation tools, or AI-enabled insurance technologies.
Ability to translate data into clear insights into recommendations.
Progress toward or interest in professional designations (CPCU, ARM, or AINS)

Responsibilities

Analyze dashboards and reports to highlight insights across key metrics (loss ratio, combined ratio, growth, and retention).
Support portfolio analyses by state, underwriting segments and geography.
Collaborate with Underwriting and Actuarial to assess product performance and contribute to improvement opportunities.
Support product development efforts, including coverage updates and enhancements.
Assist with updates to rating manuals and underwriting guidelines.
Contribute to product lifecycle activities (concept through implementation) and performance monitoring.
Assist with preparation of rate, rule, and form filings.
Collaborate with compliance and internal stakeholders as needed.
Monitor competitor offerings and market trends.
Provide supporting insights to inform product positioning and strategy.
Collaborate with analytics and Information Technology teams to enhance operational reporting.
Support efforts to improve product and underwriting workflows through automation and data utilization.
Assist in translating product needs into business requirements for technology teams.
Highlight segments where automated decisioning may require additional review, including complex or region-specific risks.
Provide input into risk selection and mitigation approaches, such as inspections, telematics, or property-level risk improvements.
Collaborate with Product, Underwriting, Actuarial, Claims, and IT teams.
Build effective working relationships across business and technical teams.
Support product reviews, performance monitoring, and continuous improvement efforts.