Product Development Analyst

MGT Insurance•San Francisco, CA

21h•$100,000 - $150,000

About The Position

The Product Development Analyst, Commercial Insurance supports the Product Management Manager in growing a designated commercial line of business profitably and executing product changes in company systems. The Analyst primarily works within one line of business, prepares state-level analysis to inform segmentation and product needs, and implements and tests product changes in the rater and user interface using AI-enabled tools. The role works closely with underwriting, the Product Management Manager, and the Product Development Manager. This role is suited to an experienced commercial insurance professional with analytical and technical skills who wants to move products from analysis to production.

Requirements

At least 5 years of experience in commercial P&C insurance in underwriting, product, claims, actuarial support, or data analytics.
Working understanding of SQL, Python, or similar tools and data concepts; writing code is not required.
Experience supporting a commercial line of business such as BOP, commercial auto, general liability, or property.
Experience with state or class segmentation and profitability analysis.
Strong analytical and quantitative skills, including the ability to manipulate and interpret data.
Strong problem-solving skills and attention to detail.
Effective written and verbal communication skills.
Ability to manage multiple tasks and deadlines in a fast-paced environment.
Working understanding of commercial P&C coverage, rating, and underwriting principles.
Bachelor’s degree required, ideally in Business, Math, Statistics, Economics, Finance, Insurance, Data Science, Actuarial Science, or a related field.

Nice To Haves

Experience with visualization tools; Power BI is preferred.
Experience with product implementation in policy, rating, or quoting systems.
Experience using AI tools, including OpenAI platforms, to implement or analyze changes.
Master’s degree.
Insurance certifications such as CPCU, AINS, or ARM.

Responsibilities

Analyze loss, premium, retention, and quote-to-bind data by state and class for the designated line of business.
Prepare state-specific segmentation and product needs to support profitable growth.
Build and maintain analyses and reports using company data and AI-enabled tools, applying a working understanding of SQL, Python, or other statistical tools.
Monitor product performance, loss trends, underwriting patterns, and competitive benchmarks.
Implement approved product changes in the rater and user interface using AI-enabled tools, including rating, rules, and eligibility logic.
Draft requirements and test cases, review AI-generated changes, and validate system output against approved forms, rates, rules, and underwriting guidelines.
Support releases, system implementations, and upgrades, including testing and defect follow-up.
Track product changes from request through production and post-launch review.
Work with underwriting and the Product Management Manager to turn product needs into system changes.
Coordinate with the Product Development Manager to ensure implementation matches approved forms, rates, and rules.
Partner with actuarial, claims, compliance, and engineering teams as needed.
Create dashboards, reports, and insights using Power BI or other visualization platforms.
Support documentation, training materials, and product communications.
Contribute to automation and workflow improvements using AI tools.