Product Management Analyst II
About The Position
This position will be primarily focused on improving our rate and form filings through developing and maintaining competitor analysis tools including side by side comparisons of rating methodologies and coverage options for strategic lines of business. The Product Analyst will be the key point of contact for market intelligence and analysis to find future target markets and growth opportunities for the organization. The position will also be responsible for standardizing and assessing monthly reports to evaluate the performance of implemented growth and profitability initiatives. Examines information using data manipulation, correlation, and statistical analysis. It is expected that this position would be a developmental position for the Product Manager role.
Requirements
- Bachelor's degree or equivalent work experience with two years' experience in P&C insurance.
- Proficient knowledge of Excel
- Ability to manipulate and analyze large quantities of data
Responsibilities
- Maintains standardized monthly reports for specified region and/or line of business to measure and monitor performance of growth and profitability and product development initiatives.
- Supports Product Managers on special projects.
- Researches and analyzes competitors' products including the creation of side by side comparisons of coverages and rating methodologies.
- Utilizes industry reporting tools to review and summarize competitor market share and performance within a region or line of business.
- Analyzes regional or line of business results to identify trends and issues and work with Product Manager to address.
- Makes recommendations for development of product enhancements based on competitor and field review.
- Works with marketing to identify areas of focus and opportunity.
- Develops and executes plan for competitor and market research and analysis.
- Performs field research, including customer distribution, competitor, insurance department and statistical analysis.
- Promotes data-driven decision-making by analyzing data and communicating findings clearly and objectively to a variety of internal business partners.
Benefits
- We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program-including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Insurance Carriers and Related Activities
Number of Employees
11-50 employees
