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Senior Product Analyst (P&C Insurance)
Senior Product Analyst (P&C Insurance)First Chicago Insurance Company (FCIC) • Bedford Park, IL, USA
Senior Product Analyst (P&C Insurance)

Senior Product Analyst (P&C Insurance)

First Chicago Insurance Company (FCIC) • Bedford Park, IL, USA
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We are seeking the ideal candidate for our Senior Product Analyst opening for our growing insurance company located in Bedford Park, just a mile south of Midway Airport!

As a Senior Product Analyst, you will provide support to the Product and Actuarial Manager by collaborating in cross-functional teams that design, develop, and implement new product initiatives. In this role, you'll work with minimal support, allowing you the freedom to showcase your creativity as we grow our existing business, enter new states, and engage in new products.

The ideal candidate is an experienced product analyst with a broad understanding of insurance products and forms.

DUTIES & RESPONSIBILITIES :

  • Independently plan, implement, manage, and / or contribute to projects up to high complexity
  • Provide data extraction and analytical support for a variety of internal customers
  • Explore data sources to better understand the availability and quality of data
  • Conduct research, perform trend analysis, and provide observations on target markets
  • Analyze competitor product rates, features, and forms language on an independent basis
  • With minimal support plan, research, develop and maintain coverage forms, endorsements and manuals needed to support existing products independently
  • Independently create and submit regulatory form filings
  • Collaborate in the creation of rate and rule flings
  • Respond to objections on assigned form and rate filings
  • Serve as the subject matter expert for internal questions that arise with regard to assigned enhancements and form filings
  • Work with IT to implement system changes and enhancements
  • Oversee direct report(s)
  • Report to the Product and Actuarial Manager

Analyst will be involved with wide variety of insurance products which will include Non-Standard Auto and Preferred Auto, but may also occasionally include Commercial Auto and General Liability.

QUALIFICATIONS :

  • Bachelor's degree
  • A minimum of 5 years of experience with Property & Casualty insurance products
  • Experience in automobile lines of business (Primarily Personal. Commercial, a plus)
  • Independent analytical thinker with excellent written and verbal communication skills
  • Ability to build strong relationships among team members, ensuring cooperation on project objectives
  • Ability to work independently, execute quickly, and drive results
  • Ability to adapt to different or changing situations, requirements or priorities
  • Proactively identifies and takes action to address present and future obstacles, issues, and opportunities
  • First Chicago Insurance Company provides a competitive benefits package to all full- time employees. Following are some of the perks First Chicago employees receive :

  • Competitive Salaries
  • Commitment to your Training & Development
  • Medical and Dental
  • Short Term Disability / Long Term Disability
  • Life Insurance
  • Flexible Spending Account
  • Telemedicine Benefit
  • 401k with a generous company match
  • Paid Time Off and Paid Holidays
  • Tuition Reimbursement Training Programs
  • Wellness Program
  • Fun company sponsored events
  • And so much more!
  • Estimated Compensation Range : $80,000 / year-$90,000 / year

  • Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location.
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    Senior Product Analyst • Bedford Park, IL, USA