Senior Product Management Analyst (Dearborn, MI)

Senior Product Management Analyst (Dearborn, MI)

Title : Senior Product Management Analyst @ Dearborn, MI

If your skills, experience, and qualifications match those in this job overview, do not delay your application.

Terms of Hire : Full Time.

Job description

Primary Duties and 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 act 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.

Preferred Qualifications :

Education :

CPCU, IIA, LOMA, CAS, Project Management, Guidewire (Insurance Suite Policy Center) or other insurance-related coursework

Experience :

• Working as an analyst in a product management or product development environment
• Writing and / or testing detailed requirements

Knowledge and Skills :

Knowledge of :

• 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

Ability to :

Become adept at using InDesign or other similar software

Qualifications :

Required Qualifications :

Education :

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.

Experience :

Using multiple PC software applications : Word, Excel, Access, SAS or Adobe Professional

Experience in at least three of the following :

• 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

Knowledge and Skills :

Knowledge of :

• Advanced knowledge of techniques, practices, and theories in product, pricing, statistics or marketing
• The role of each department involved in program development and implementation
• Advanced knowledge of market and research concepts and techniques
• Reinsurance principles
• ISO or similar rating bureau system
• Solid understanding of pricing or marketing responsibilities

Ability to :

• 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

You Will Enjoy :

• An opportunity to be a part of a great culture, an awesome team, a challenging work environment, and some fun along the way!
• Apply today to learn more and be part of our Growth story.

All applications will be kept strictly confidential and once shortlisted, our team will be in touch with you for further discussions.

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