State Management Product Analyst

PURE Insurance • Chicago, IL

4d • Hybrid

About The Position

The State Management Product Analyst is an entry-level member of the Product Management team. This role is based out of our Chicago, IL or White Plains, NY office. We are seeking an intelligent, data-minded individual with strong quantitative and analytic skills to assist in the successful implementation of high net worth property and casualty (P&C) insurance products and rates in support of our sustainable growth objectives.

Requirements

• Bachelor’s degree required, preferably in an analytical field of study including but not limited to Economics, Finance, Actuarial Science, Math, Statistics, and Risk Management.
• Proficiency in SQL, Python, and experience working with data warehouses preferred.
• Strong critical and analytical thinking, quantitative and problem-solving skills with the ability to make data-based decisions.
• Experience using software to extract, organize, and analyze data.
• High degree of personal organization, time management skills, and attention to detail.
• Strong oral and written communication skills.
• Strong relationship building, collaboration, and influencing skills.
• Demonstrated level of curiosity and a growth mindset.
• Highest level of integrity and honesty.

Responsibilities

• Support the execution of sustainable growth strategies in states by implementing, maintaining and monitoring the respective P&C insurance products.
• Execute rate reviews and workflows with guidance that achieve target growth and underwriting margin objectives with a focus on member experience.
• Develop rate proposals, state filings for regulatory support, technology specifications, and internal and external communications for all rate and product filings with direction.
• Assist in cross-functional collaboration with Underwriting, Claims, Marketing, Field Sales and all other stakeholders to successfully and efficiently deliver enhancements to the product suite.
• Support the collaboration with the Actuarial Pricing, Data & Analytics, and Product Development departments in the development of different models using internal and external data to inform product pricing and risk selection decisions.
• Aid in internal and external research to identify emerging trends, member needs and review competitor offerings to inform product innovation.
• Draft system requirements and complete user acceptance testing to ensure rate changes and product implementations are delivered as designed with high level of quality.
• Understand and consider the comprehensive member and broker experiences for any touchpoint in the design of given product.

Benefits

• Opportunities to stretch and grow: your professional and personal development matters to us.
• Experiences through on-the-job learning and professional development that increase your impact and rewards.
• Clarity and kindness: you can rely on us to be open, honest and supportive, offering clarity on what success looks like.
• Support in good times and bad: we believe in showing up for each other consistently, not only when it’s easy.
• A thoughtful partner, even when we disagree.
• A community that cares: we are committed to sustaining a community in which each person feels cared for as an individual.
• We lift each other up, celebrate wins together and support one another through challenges in work and life.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level