Senior Software Sales Representative
PartnerOne
Market Analyst Sr
COUNTRY Financial®
full-time
Posted on:
Origin: • 🇺🇸 United States • Illinois
Visit company websiteSalary
💰 $94,000 - $129,250 per year
Job Level
Senior
About the role
- As a Market Analyst Sr at COUNTRY Financial, you will be a critical member of our Market Management team (formerly State Product Management), reporting to the Market Analytics Manager.\n
- You will be responsible for supporting state plan development, attending and presenting at field meetings, participating in the rate setting process, and being the go-to resource for the market on Competitive Intelligence and analytical/tactical needs to drive results.\n
- Accountable for product premium volume growth and profitability results within assigned state(s).\n
- Geographic area depends on population size and market/regulation characteristics.\n
- Manages relationship of every aspect of assigned product through interaction with relevant departments, such as Claims, Underwriting, Sales/Marketing, Customer Service, and outside contracts (agents, regulators and industry groups).\n
- Develops action plans and strategic direction for functional areas and maintains alignment with product managers to ensure successful development of the entire product line for assigned state(s).\n
- Participates in the analysis, maintenance, implementation, and development of products and programs, including pricing, procedures, research, and underwriting to support Product Management leadership with the continued development of profitable growth.\n
- Files changes with the department of insurance anticipating potential questions from the department and providing adequate information with the initial filing.\n
- How does this role make an impact? - Drive the successful development of new products and the effective management and enhancement of existing products by making recommendations regarding product design, pricing, underwriting, agency management, distribution, claims and other processes.\n
- - Ensures overall goals for production and underwriting profitability are met by analyzing premium rates, loss experience, and retention.\n
- - Monitors the mix of business in assigned state(s), identifying changes in the mix and reasons for those changes.\n
- - In conjunction with marketing, develops assigned state(s) business profit and growth strategies and translates business ideas and market opportunities into new product ideas by researching and maintaining awareness of all major competitors' current market positions (i.e., rates, service levels, financial positions and operating strategies), business directions, financial dynamics, and new technologies.\n
- - Communicates and coordinates key profit metrics by coordinating with the Information Technology (IT) department to ensure proper implementation of rate revisions, new products, new product features, and other initiatives; develops working relationships with Accounting, Actuarial, Claims, Customer Service and IT.\n
- Do you have what we're looking for? Typically requires 7+ years of relevant experience or a combination of related experience, education and training.\n
- Excellent organizational skills and attention to detail.\n
- Excellent oral and written communication skills, including the ability to present\n
- Knowledge of personal lines insurance products and processes.\n
- Experience with data manipulation, forecasting, and modeling.\n
- Broad understanding of financial statements and key drivers of growth and profit.
Requirements
- Typically requires 7+ years of relevant experience or a combination of related experience, education and training.\n
- Excellent organizational skills and attention to detail.\n
- Excellent oral and written communication skills, including the ability to present\n
- Knowledge of personal lines insurance products and processes.\n
- Experience with data manipulation, forecasting, and modeling.\n
- Broad understanding of financial statements and key drivers of growth and profit.
