Senior Product Management Analyst

  • 37443
  • Non-Life - Actuarial
  • |
  • United States
  • |
  • May 28, 2020
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
  • CPCU, IIA, LOMA, CAS, Project Management, Guidewire or other insurance-related coursework.
  • Working as an analyst in a product management or product development environment.
  • Writing and/or testing detailed requirements.
  • Regulations, policies and procedures of various state insurance regulatory agencies.
  • Property/casualty insurance policy forms and language for major and specialty personal and/or commercial lines products.
  • Become adept at using InDesign or other similar software.
  • Work in a temperature-controlled office environment.
  • 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.
  • 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.
  • Participating in rate making or policy language analysis and decision-making processes.
  • Demonstrate advanced analytical and problem solving skills.
  • Plan, organize, gather, analyze and convert complex data from numerous sources to satisfy reporting requirements and deadlines.
  • Conduct and coordinate advanced quantitative and qualitative market research.
  • Analyze current products to revise and create new P&C and membership insurance related programs/coverages.
  • Lead projects or multiple initiatives within projects that have multi-functional, multi-divisional, or company-wide impact.
  • Work with management to develop strategies for market penetration.
  • Communicate effectively with others in a work environment to include making presentations to various recipients.
  • Represent the department on inter-departmental teams, outside organizations and the public.
  • Serve as a subject matter expert with operations, information systems, claims, corporate functions, underwriting and product managers regarding product, pricing, or marketing responsibilities.
  • Train and mentor junior analysts.