Senior Insurance Product Development Analyst
| Company | American Family Insurance Group |
|---|---|
| Location | Madison, WI, USA, Boston, MA, USA, St Joseph, MO, USA, Phoenix, AZ, USA, Minneapolis, MN, USA, Denver, CO, USA, Brattleboro, VT, USA |
| Salary | $86000 – $142000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- You will bring your quantitative experience (finance, actuarial, analytics, etc.).
- You will bring experience with auto lines, but home or commercial lines are also beneficial.
- You will bring product development or product management experience.
- Demonstrated experience providing customer-oriented solutions or service.
- Demonstrated experience performing complex financial, actuarial or business analysis.
- Solid understanding of customer, business industry, insurance, underwriting guidelines and risk concepts in area of expertise.
- Demonstrated problem-solving and analytical skills to review complex products and lines of business.
- Demonstrated experience making independent decisions.
- Demonstrated experience in project management methodologies, practices, techniques and tools.
Responsibilities
- May serve as project lead for implementation of products and services.
- Analyze the performance of the product lines, agent, or book of business.
- Evaluate profit factors and conduct analysis of performance data to provides product strategy recommendations relating to profit, growth, retention, and overall book of business.
- Develop working relationships with other lines to identify product gaps and opportunities.
- Research and develop concepts for complex enhanced products and services.
- Work with partners in pricing/actuarial or claims to ensure product compliance and financial viability.
- Prepare contract language, develop initial underwriting standards, and oversee development of new predictive analytics including pricing models and other predictive models.
- Be a subject matter expert in development of contract language and underwriting guidelines. Ensure product compliance.
- Produce detailed competitive analysis for personal lines products using a variety of information sources and tools to support decision-making. Analyze all available data forming conclusions regarding our competitive position in the marketplace. Provide recommendations to leadership to take advantage of product offerings and geographical areas.
- Provide expertise regarding how competitor actions and industry trends influences personal lines ability to meet corporate and divisional goals. Make recommendations to management regarding operational and product changes that may enhance our competitive position.
- Stay up to date with all rate changes, rating enhancements and program changes by our competitors; research competitor filings, rate and rule manuals to check changes made and their impact on our competitive position. Ensure reporting accuracy explaining drivers and insights relating to competitive position changes.
Preferred Qualifications
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No preferred qualifications provided.