Underwriting Product Analyst - Product, Data & Compliance

Product Analyst Or Senior Product Analyst

Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

Our Product-Data-Compliance (PDC) department supports business units in achieving their growth and profitability objectives by managing products, including the filing of rates, rules, and forms, assisting business units in the development and implementation of new or improved coverages, and implementing these changes into a policy administration system.

Depending on the applicant's experience, PDC is currently looking to hire either a Product Analyst or a Senior Product Analyst for our Commercial Package Team. This position is on a team that supports first-party lines of business, including Crime, Equipment Breakdown, Inland Marine, and Property. This role will primarily focus on the Inland Marine and Equipment Breakdown lines of business.

This position will be located at the company's headquarters in downtown Cincinnati, OH. While we value the collaboration that is fostered by an in-office work environment, we also offer a hybrid option to our employees that allows them to work remotely part of the time.

Essential Job Functions & Responsibilities

• Contribute to and / or be held accountable for leading the support of a defined insurance product.
• Partner with various business units to develop new products and revise existing products, including gathering and analyzing data from various sources, to support business growth.
• Work with marketing, business development, and insurance operations teams to ensure successful product launches and ongoing product support.
• Monitor insurance publications for product impact.
• Conduct market research to identify trends, opportunities, and competitive landscape.
• Assist in the development of product and rate revisions, underwriting guidelines, manuals, procedures and training materials.
• Oversee the filing approval process of rate / rule / form changes with state insurance departments that regulate us.
• Collaborate with underwriting, actuarial, legal, and claims teams to assist in designing innovative insurance solutions and developing product specifications, pricing strategies, and policy language.
• Provide requirements to IT to implement product changes into the policy administration systems
• Prepare effective internal and external communications on product changes.

Job Qualifications

Business Unit : Property & Casualty Product Data & Compliance

Benefits : Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs. We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave / adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.