Senior Product Analyst (Flex Home/Office)

Monitors and analyzes the performance of the line or book of business, provides product strategy recommendations to divisional and departmental leadership.

Evaluates and tracks competitor products, pricing information and target markets. Researches competitor pricing and rating programs providing insights and analysis to the business for pricing enhancements and new products.

May specialize in product management and / or product development accountabilities depending upon business need.

Position Compensation Range :

$95,000.00 - $156,000.00

Pay Rate Type : Salary

Salary

Primary Accountabilities

• Serve as project lead for implementation of High Risk products and services, including E&S Homeowners, Florida HO3, Private Flood Coverage, California Earthquake Coverage.
• Monitors and analyzes the performance of the product lines, agent, or book of business.
• Evaluates profit factors and conducts analysis of performance data to provides product strategy recommendations relating to profit, growth, retention, and overall book of business.
• Researches and develops concepts for complex new or enhanced products and / or services.
• Works with partners in pricing / actuarial, claims, etc. to ensure product compliance and financial viability.
• Prepares contract language, develops initial underwriting guidelines and standards, and oversees development of new predictive analytics including pricing models and other predictive models.
• Serves as subject matter expert in development of contract language and / or underwriting guidelines. Ensures product compliance.
• Produces detailed competitive research and analysis for personal lines products using a variety of information sources and tools to support decision making.

Analyzes all available data forming conclusions regarding our competitive position in the marketplace. Provides recommendations to leadership to capitalize on product offerings and geographical areas.

Provides expertise regarding how competitor actions and industry trends influences personal lines ability to meet corporate and divisional objectives.

Makes recommendations to management regarding operational and product changes that may enhance our competitive position.

Stays abreast of all rate changes, rating enhancements and program changes by our competitors; researches competitor filings, rate and rule manuals to ascertain changes made and their impact on our competitive position.

Ensures analysis and reporting accuracy explaining drivers and insights relating to competitive position changes.

Specialized Knowledge & Skills Requirements

• Demonstrated experience providing customer-driven solutions, support or service.
• Demonstrated experience performing complex financial, actuarial or business analysis.
• Solid knowledge and 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 / or lines of business.
• Demonstrated experience making independent decisions.
• Demonstrated experience in project management methodologies, practices, techniques and tools.

Licenses

Not applicable.

Travel Requirements

Up to 10%.

Physical Requirements

Work that primarily involves sitting / standing.

Working Conditions

Not applicable.

Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

In this flex office / home role, you will be expected to work a minimum of 10 days per month from one of the following office locations : Madison, WI 53783; Boston, MA 02110;

We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture.

We encourage those who are passionate about what we do to apply!

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.

We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees).

In addition, our student loan repayment program and paid-family leave are available to support our employees and their families.

Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity.

We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

LI-SW2