Senior Insurance Product Analyst

Obie•Chicago, IL

About The Position

We are seeking a strong individual contributor to join our growing insurance product team as an Insurance Sr Product Analyst focused on developing and executing strategic plans for profitable growth. Those successful in this role will have a strong knowledge in the property insurance space, a passion for delivering new products, and utilizing insurance expertise to solve challenges. Additionally, you’ll be self-motivated and directed. An ability to collaborate is a must, but you will be autonomous and expected to succeed without heavy direction and being an expert.

Requirements

3+ years working in a property insurance product management role.
We are looking for someone who has experience with several of the following: Rate indication analysis, competitive monitoring, forms development, underwriting knowledge, business case development, start-ups, MGA’s, and non-admitted lines.
Knowledge of insurance product management principles, frameworks, and best practices.
Experience researching competitor products, developing and enhancing product/contract language and underwriting guidelines.
Ability to conduct quantitative and qualitative analysis to evaluate performance across various products and segments.
Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company.
Ability to succinctly communicate results and recommendations to leadership.
Ability to explain business logic to technical and non-technical team members.
Positive “can do” attitude and a desire to contribute to a growing, energetic work environment.
Detail oriented with the ability to prioritize competing demands and manage time effectively.

Responsibilities

Assist the insurance product managers in developing and implementing rate revisions, state expansion, and product development plans that enable Obie to meet our goals.
Leverage analytical and communication skills to collaborate across teams to develop insurance products and services.
Assist in completing competitive market analysis including forms comparison, product offerings and comparisons, and monitoring competitor state changes.
Improve the products using contract language, underwriting guidelines and manuals, and technology enhancements.
Partner closely with Technology Product and Engineering teams to articulate, develop, and validate technology features and enhancements.
Use customer and data insights from the market, our sales funnel, competitors, and claims to inform insurance product development.
Enhance tools, processes, and frameworks to bring insurance products to market.