
Senior Product Analyst
American Family Insurance
full-time
Posted on:
Location Type: Hybrid
Location: Madison • Massachusetts • Wisconsin • United States
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Salary
💰 $88,000 - $145,000 per year
Job Level
About the role
- 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 and claims to ensure product compliance and financial viability.
- Produce detailed competitive research for commercial 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 commercial 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.
Requirements
- Demonstrated working knowledge of SQL (writing queries with joins, aggregations, and filters) to extract and analyze data for business insights.
- Familiarity with the commercial insurance industry, including common products, coverages, underwriting concepts, and key performance metrics.
- Familiarity to use analytics tools (e.g., Looker/BigQuery) to explore data, build dashboards, and deliver applicable insights.
- Experience working in Agile delivery tools (e.g., Jira/Confluence) and collaborating through Microsoft Teams to document work, manage priorities, and communicate progress.
- Demonstrated experience performing complex financial, actuarial or business analysis.
- Experience with customer, business industry, insurance, underwriting guidelines and risk concepts in area of expertise.
Benefits
- comprehensive medical, dental, vision and wellbeing benefits
- competitive 401(k) contribution
- pension plan
- annual incentive
- 9 paid holidays
- paid time off program (23 days accrued annually for full-time employees)
- student loan repayment program
- paid-family leave
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
SQLdata analysisfinancial analysisactuarial analysisbusiness analysisanalytics toolsdashboard developmentdata extractionperformance metricscompetitive research
Soft Skills
relationship buildingcommunicationcollaborationrecommendation developmentstrategic thinkingproblem-solvinginsight generationleadershipoperational improvementadaptability