Senior Product Analyst -Hybrid/Remote

Vanliner Insurance Company•Richfield, OH

4d•Hybrid

About The Position

National Interstate is a leading commercial transportation insurer seeking a Senior Product Analyst. This role involves developing innovative products and solutions to drive growth and maintain competitiveness and profitability. The analyst will conduct market research, collaborate with various teams (underwriting, actuarial, claims, marketing, business development, operations) to design insurance solutions, develop product specifications, pricing strategies, and policy language. Responsibilities include analyzing market data and customer feedback, developing and executing strategic product roadmaps, overseeing product offering revisions (rate adjustments, underwriting guidelines, operational procedures), and ensuring successful product launches. The role also involves leading training programs, staying updated on industry trends and regulations, and potentially managing and coaching staff. The position is not eligible for employment visa sponsorship, and applicants must be authorized to work in the U.S. National Interstate has specialized in serving the insurance needs of the transportation industry since 1989.

Requirements

Bachelor’s Degree in Business, Economics, Statistics, or a related field.
Generally, a minimum of 13 years of related underwriting or product experience.
Advanced technical knowledge of insurance products and lines of business.
Demonstrates expert knowledge and understanding of industry laws and regulations.
Expert-level proficiency in interpreting competitive data and industry trends.
Advanced analytical skills with the ability to use data to inform decisions.
Demonstrated decision-making ability and customer-centric mindset.
Demonstrates excellent communication and relationship building skills.
Viewed as a senior resource on the Product team.
Provides technical advice and support to lower-level positions.
Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Nice To Haves

Experience with Commercial Auto Product, Rating, Drafting Policy Forms & ISO experience
Completion of or continuing progress toward a professional designation preferred, including Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), Certified Licensing Professional (CLP) or other applicable designations.

Responsibilities

Leads the development of innovative products and solutions to drive premium volume growth and maintain the competitiveness and profitability of the product portfolio.
Leads comprehensive market research to identify trends, opportunities, and competitive landscape.
Collaborates with underwriting, actuarial, and claims teams to design innovative insurance solutions and develop product specifications, pricing strategies, and policy language.
Analyzes and interprets market data and customer feedback to identify opportunities for product enhancements and improvements and new product development.
Develops and oversees the execution of strategic product roadmaps to align with business objectives, incorporating detailed SWOT analyses to assess product viability and strategic positioning.
Drives the development and revision of product offerings, including rate adjustments, underwriting guidelines, and operational procedures.
Partners closely with marketing, business development, and insurance operations teams to ensure successful product launches and ongoing product support.
Leads the development and delivery of training programs regarding new products and product changes to internal teams and external agents.
Stays updated on industry trends, regulatory updates, and market shifts to ensure the product strategy remains forward-thinking and competitive.
May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
Performs other duties as assigned.