About the Role
The State Management Product Analyst is an entry-level member of the Product Management team. This role supports the implementation of high net worth property and casualty (P&C) insurance products and rates to achieve sustainable growth objectives.
Responsibilities
- Support the execution of sustainable growth strategies by implementing, maintaining, and monitoring P&C insurance products.
- Execute rate reviews and workflows to achieve target growth and underwriting margin objectives, focusing on member experience.
- Develop rate proposals, state filings for regulatory support, technology specifications, and communications for rate and product filings.
- Assist in cross-functional collaboration with Underwriting, Claims, Marketing, and Field Sales to deliver product suite enhancements.
- Support collaboration with Actuarial Pricing, Data & Analytics, and Product Development in developing models for product pricing and risk selection.
- Aid in research to identify emerging trends, member needs, and competitor offerings to inform product innovation.
- Draft system requirements and complete user acceptance testing to ensure quality of rate changes and product implementations.
- Understand and consider comprehensive member and broker experiences in product design.
Requirements
- Bachelor’s degree required, preferably in an analytical field (Economics, Finance, Actuarial Science, Math, Statistics, Risk Management).
- Proficiency in SQL and Python is preferred.
- Experience working with data warehouses is preferred.
- Strong critical and analytical thinking, quantitative and problem-solving skills.
- Ability to make data-based decisions.
- Experience using software to extract, organize, and analyze data.
- High degree of personal organization and time management skills.
- Attention to detail.
- Strong oral and written communication skills.
- Strong relationship building, collaboration, and influencing skills.
- Demonstrated curiosity and a growth mindset.
- Highest level of integrity and honesty.
Skills
- SQL
- Python
- Data analysis
- Critical thinking
- Analytical thinking
- Quantitative skills
- Problem-solving
- Organization
- Time management
- Attention to detail
- Communication
- Relationship building
- Collaboration
- Influencing
Location
- Chicago, IL
- White Plains, NY
Work Type
- Full-time
Experience Level
- Entry level
Education Level
- Bachelor's degree
Salary/Compensations
- $55,000 to $70,000
Benefits
- Opportunities to stretch and grow
- On-the-job learning
- Professional development
About the Company
- We're a member-owned property and casualty insurer designed exclusively for financially successful families and driven by a purpose of doing what is right for our members.
- We provide exceptional service, hospitality and care, we partner with our members to help prevent losses and we create smart insurance solutions at fair prices.
- We aim for our members to love their insurance.
- It is our mission is to create a membership experience so compelling that our members never want to leave.
