Senior Product Analyst

SageSureJersey City, NJ
Remote

About The Position

SageSure, a leader in catastrophe-exposed property insurance, is seeking an Innovation Product Analyst. This role is responsible for the modernization and performance of an existing portfolio of products to drive sales performance, improve policy issuance efficiency, and optimize carrier and reinsurer partnerships. The analyst will assess market conditions, identify new product and growth opportunities, and execute go-to-market strategies while collaborating with cross-functional teams. This role requires a strong combination of strategic vision, product management expertise, and the ability to drive cross-functional collaboration.

Requirements

  • 5+ years of experience in product management, P&C insurance, underwriting, sales or a related field.
  • Bachelor's degree in business, finance, insurance, or related field.
  • Strong analytical and problem-solving skills with a data-driven approach to decision-making.
  • Experience managing product roadmaps, go-to-market strategies, P&L and post-launch product performance.
  • Experience managing cross-functional teams and influencing stakeholders at all levels.
  • Excellent written and verbal communication skills with a proven ability to present ideas effectively and lead high-profile projects.
  • Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word).

Nice To Haves

  • MBA or advanced degree in a related field.
  • Experience in reviewing, drafting, and negotiating property reinsurance agreements.
  • Expert in engaging in market research activities.
  • Experience with insurance regulatory requirements, risk transfer mechanisms, underwriting guidelines, data analytics tools, and reporting software.
  • Proven track record of launching and optimizing insurance products.

Responsibilities

  • Develop and refine the product vision for SageSure’s specialized optional coverages by leveraging data-driven analysis of market trends, customer needs, and industry developments ensuring alignment with company goals and driving growth.
  • Collaborate with stakeholders to drive continuous improvement and align product strategies with company goals.
  • Partner with senior leadership to align product strategies with company objectives, using effective influence to guide key decisions and drive organizational success.
  • Develop and execute strategic roadmaps for specialized coverages, focusing customer needs, market opportunities, profitability and growth.
  • Analyze new initiatives, costs, benefits, and market potential to inform strategic decisions and prioritize initiatives.
  • Track key performance metrics such as premiums, attachment rates, and product profitability, using data to inform decisions and ensure alignment with financial goals.
  • Lead product planning, aligning product growth and profitability with business goals and key metrics.
  • Define product requirements and ensure alignment with customer needs and company objectives.
  • Manage the product development lifecycle, including defining product requirements, establishing pricing strategies, and ensuring alignment with customer needs and company objectives.
  • Supervise technical implementation of product rules, workflows, and user interfaces to meet business needs.
  • Contribute to successful product launches, supporting pre and post-launch activities like agent training and sales enablement.
  • Monitor product performance post-launch, adjusting strategies to ensure alignment with business and customer goals.
  • Conduct post-launch evaluations to identify areas for improvement based on production, claims data, and customer feedback.
  • Manage SageSure’s portfolio of specialty insurance coverages, optimizing growth, profitability and customer satisfaction.
  • Build and maintain strategic partnerships with carrier and reinsurance partners and lead reinsurance treaty negotiations, providing insights to senior leadership.

Benefits

  • Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023)
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