Senior Product Management Analyst

  • 33786
  • Non-Life - Actuarial
  • |
  • Michigan, United States
  • |
  • Jun 14, 2018
Insurance
RESPONSIBILITIES
  • Independently combine specialized knowledge and expertise and a broader understanding of business processes to serve as the primary resource for product management support to assigned region on pricing, statistical, regulatory and marketing aspects of a given product or state.
  • Responsible for gathering, monitoring, analyzing and interpreting data for assigned product, pricing and marketing areas/business units.
  • Handle complex to highly complex assignments.
  • Identify issues and opportunities for enhancements. Utilize existing and when necessary create new solutions to resolve complex problems.
  • Develop recommendations for effective business solutions. Present recommendations for improvements to management.
  • Provide lead support to projects/processes associated with the implementation of new products, programs, standards and/or procedures.
  • Coordinate the development and implementation of rate, rule and policy revisions.
  • Analyze industry legislation and maintain expert knowledge of new trends and developments that affect property/casualty insurance products/programs.
  • Provide business unit/process support regarding new trends and developments that affect property/casualty insurance/club products/programs.
  • Develop solutions and gain commitment from management to take action in regard to product actions including base rates, coverage, field impact, etc. and/or the marketing of assigned products.
  • Represent the company with vendors, insurance companies, and insurance regulatory bodies/club.
  • Serve as the technical expert by providing input, guidance and training to less experienced staff.
QUALIFICATIONS
  • Bachelor’s degree in Marketing, Finance, Mathematics, Statistics, Actuarial Science, Business Administration or a related field OR a combination of college coursework and equivalent work experience.
  • using multiple PC software applications: Word, Excel, Access, SAS or Adobe Professional.
  • Experience in at least three of the following: researching and developing new property/casualty insurance products, developing property/casualty insurance programs, standards, and procedures, pricing new/current property/casualty insurance products or statistical work, underwriting property/casualty insurance products, marketing or sales of property/casualty insurance products, adjusting personal and/or commercial lines property/casualty claims.
  • Advanced knowledge of techniques, practices, and theories in product, pricing, statistics or marketing.
  • Advanced knowledge of market and research concepts and techniques.
  • Reinsurance principles.
  • ISO or similar rating bureau system.
  • solid understanding of pricing or marketing responsibilities.
  • Demonstrate advanced analytical and problem solving skills.
  • Communicate effectively with others in a work environment to include making presentations to various recipients.