Product Management Analyst II
About The Position
Under minimal supervision and guidance, provide product management support to assigned region on pricing, statistical, regulatory and marketing aspects of a given product or state. Responsible for gathering, monitoring, analyzing and interpreting data for assigned product, pricing and marketing areas/business units. Handle moderate to complex assignments. Identify issues and opportunities for enhancements. Use knowledge and experience to take a new perspective on existing solutions to resolve complex problems. Assist in developing recommendations for effective business solutions. Present recommendations for improvements to management. Participate in and/or lead portions of projects/processes associated with the implementation of new products, programs, standards and/or procedures. Participate in the development and implementation of rate, rule and policy revisions. Research and analyze industry legislation and maintain up-to-date knowledge of new trends and developments that affect property/casualty insurance products/programs. Provide business unit/process support regarding new trends and developments that affect property/casualty insurance/club products/programs. May represent the company with vendors, insurance companies and insurance regulatory bodies/club. Act as a resource for less experienced staff.
Requirements
- Bachelor’s degree in Marketing, Finance, Mathematics, Statistics, Actuarial Science, Business Administration or a related field OR a combination of college coursework and equivalent work experience
- Using PC software applications: Word, Excel, Access, SAS or Adobe Professional
- Taking initiative to seek answers if not readily available
- Collaborating with other areas on policy forms review, modification and approval
- Demonstrate analytical and problem solving skills
- Plan, organize, gather, analyze and convert data from numerous sources to satisfy reporting requirements and deadlines
- Conduct and coordinate quantitative and qualitative market research
- Analyze current products to revise/develop new P&C and membership insurance related programs/coverages
- Lead initiatives within projects that have multi-functional, multi-divisional, or company-wide impact
- Assist in developing strategies for market penetration
- Participate in rate making or policy language analysis and decision-making discussions with product manager
- Communicate effectively with others in a work environment to include making presentations to various recipients
- Represent the department on inter-departmental teams
- Serve as a liaison with operations, information systems, claims, corporate functions, underwriting and product managers regarding product, pricing, or marketing responsibilities
- Train and assist junior analysts
Nice To Haves
- Working as an analyst in a product management or product development environment
- Writing and/or testing detailed requirements
- Familiarity with Guidewire administration functionality
- Project Management experience
- Advanced Excel experience using formulas and coding
- Ability to read SQL
- Critical thinking and problem solving
- Knowledge of Regulations, policies and procedures of various state insurance regulatory agencies
Responsibilities
- Gathering, monitoring, analyzing and interpreting data for assigned product, pricing and marketing areas/business units.
- Identifying issues and opportunities for enhancements.
- Taking a new perspective on existing solutions to resolve complex problems.
- Assisting in developing recommendations for effective business solutions.
- Presenting recommendations for improvements to management.
- Participating in and/or leading portions of projects/processes associated with the implementation of new products, programs, standards and/or procedures.
- Participating in the development and implementation of rate, rule and policy revisions.
- Researching and analyzing industry legislation and maintaining up-to-date knowledge of new trends and developments that affect property/casualty insurance products/programs.
- Providing business unit/process support regarding new trends and developments that affect property/casualty insurance/club products/programs.
- Representing the company with vendors, insurance companies and insurance regulatory bodies/club.
- Acting as a resource for less experienced staff.
Benefits
- PTO, paid sick leave
- Medical plans with multiple coverage options, including HSA eligibility
- Prescription drug coverage
- Dental and vision benefits
- Employee Assistance Program (confidential support services)
- Company-paid basic life insurance
- Optional supplemental life insurance and dependent coverage
- Short-term and long-term disability coverage
- Critical illness, accident, and pet insurance options
- 401(k) plan
- Health Savings Account (HSA) and Flexible Spending Accounts (FSA) options
- Paid Time Off (PTO)
- Paid Holidays
- 1 mental health day
- 2 floating holidays
- 1 volunteer day
- Paid leave programs, including parental, bereavement, jury duty, and military leave
- Tuition assistance (up to $5,250 annually)
- Professional certification support
- Complimentary AAA membership with roadside assistance and travel discounts
- Adoption assistance program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
