Property and Casualty Product Analyst

October 28

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Assurant

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specialty insurance • extended service products and related services • renters insurance • lender-placed homeowners insurance • flood insurance

10,000+

💰 Post-IPO Debt on 2023-02

Description

• Ensure integrity of existing products by serving as team member on channel-driven product enhancement projects. • Assist in researching business ideas and market opportunities or trends that lead to new product ideas. • Assist in effort to analyze financial potential of new product ideas. • Understand rate making and product costs (direct and indirect) in analyzing future actions at a state level and rate making exercises. • Define and develop new product features, and market positioning based upon customer need and competitive environment. • Develop and improve quality standards, administration, policy language and pricing for new and existing products. • Develop and present business plans and justification for new business opportunities/new products. • Support direction of internal resources and vetting external vendors for effective implementation of new products. • Analyze testing of new products and existing products enhancements to ensure product maintains positioning and profitability. • Keep up on latest industry and consumer trends by attending educational workshops, reviewing professional publications, Internet research, establishing personal networks, and/or participating in professional societies. • Help ensure implementation/testing of new and existing products through internal training and selling of new product ideas to sales force and client contact teams. • Assist the client teams by attending client presentations as new product expert when necessary. • Provide new thought direction and expertise to channels and client teams by attending brainstorming sessions for marketing, product enhancements or new product ideas. • Support geographic-level reporting and analysis. • Prepare maps, visual summaries, heat-charts, exposure analysis and other similar reports and analysis to understand product exposures and risk management at a granular geographic level.

Requirements

• A minimum of 2 years of experience in product analysis in Property & Casualty industry. • Proven analytical and conceptual thinking skills and a high attention to detail. • Expert level experience with Excel. • Experienced performing effectively when changes in priorities, direction and resources occur.