State Management Product Analyst

PURE Insurance • White Plains, NY

6d • $55,000 - $70,000 • 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. This includes learning to 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.
• Support with direction drafting system requirements and completing user acceptance testing to ensure rate changes and product implementations are delivered as designed with high level of quality.
• Understand and begin to 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. We’re committed to providing 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. You can expect 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