MAPFRE

Product Analyst

MAPFRE

full-time

Posted on:

Location Type: Hybrid

Location: Webster • Massachusetts • United States

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Salary

💰 $80,000 - $115,000 per year

About the role

  • Conduct in-depth analyses of profitability, product performance, and growth across various rating metrics
  • Develop and support recommendations to address loss drivers
  • Create comprehensive, well-structured proposals for senior leadership review
  • Monitor state regulatory changes using third-party regulatory tracking tools
  • Partner with the Legal Department to prepare and submit required form, rule, or rate filings
  • Utilize Microsoft Excel extensively to analyze datasets
  • Lead the rate review process for assigned products
  • Collaborate effectively with Marketing, IT, Underwriting, Actuarial, and Operations teams
  • Manage rate, rule, and form filing implementation timelines
  • Develop detailed business requirements for IT and ensure accurate implementation of product changes
  • Communicate market developments, industry trends, and other relevant insights

Requirements

  • Bachelor's degree or professional-level knowledge in a specialized field, or equivalent related experience
  • 2–4 years of related experience, or an Associate’s degree plus 4–6 years of equivalent experience
  • Familiarity with insurance policy forms, underwriting rules, and state regulations
  • Strong experience analyzing financial results, profitability, and forecasts
  • Ability to synthesize multiple data sources to identify profit improvement and growth opportunities
  • High attention to detail with the ability to manage multiple priorities in a fast-paced environment
  • Basic knowledge of actuarial and pricing concepts
  • Working knowledge of market and regulatory research tools
  • Intermediate proficiency in Microsoft Excel, Word, and PowerPoint
  • Working knowledge of Snowflake and/or other data analysis tools preferred
Benefits
  • Competitive health coverage
  • Retirement plans
  • Paid time off
  • Flexible work options
  • Tuition reimbursement
  • Leadership programs
  • Employee discounts
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
data analysisfinancial analysisprofitability analysisbusiness requirements developmentrate review processactuarial conceptspricing conceptsdata synthesisregulatory complianceforecasting
Soft Skills
attention to detailtime managementcollaborationcommunicationorganizational skillsleadershipproposal developmentproblem-solvingadaptabilitycritical thinking
Certifications
Bachelor's degreeAssociate's degree