Senior Product Analyst (P&C Insurance)

First Chicago Insurance Company (FCIC)•Bedford Park, IL

60d•$80,000 - $90,000

About The Position

We are seeking the ideal candidate for our Senior Product Analyst opening for our growing insurance company located in Bedford Park, just a mile south of Midway Airport! As a Senior Product Analyst, you will provide support to the Product and Actuarial Manager by collaborating in cross-functional teams that design, develop, and implement new product initiatives. In this role, you'll work with minimal support, allowing you the freedom to showcase your creativity as we grow our existing business, enter new states, and engage in new products. The ideal candidate is an experienced product analyst with a broad understanding of insurance products and forms. Analyst will be involved with wide variety of insurance products which will include Non-Standard Auto and Preferred Auto, but may also occasionally include Commercial Auto and General Liability.

Requirements

Bachelor's degree
A minimum of 5 years of experience with Property & Casualty insurance products
Experience in automobile lines of business (Primarily Personal. Commercial, a plus)
Independent analytical thinker with excellent written and verbal communication skills
Ability to build strong relationships among team members, ensuring cooperation on project objectives
Ability to work independently, execute quickly, and drive results
Ability to adapt to different or changing situations, requirements or priorities
Proactively identifies and takes action to address present and future obstacles, issues, and opportunities

Responsibilities

Independently plan, implement, manage, and/or contribute to projects up to high complexity
Provide data extraction and analytical support for a variety of internal customers
Explore data sources to better understand the availability and quality of data
Conduct research, perform trend analysis, and provide observations on target markets
Analyze competitor product rates, features, and forms language on an independent basis
With minimal support plan, research, develop and maintain coverage forms, endorsements and manuals needed to support existing products independently
Independently create and submit regulatory form filings
Collaborate in the creation of rate and rule flings
Respond to objections on assigned form and rate filings
Serve as the subject matter expert for internal questions that arise with regard to assigned enhancements and form filings
Work with IT to implement system changes and enhancements
Oversee direct report(s)
Report to the Product and Actuarial Manager