Product Analyst, Commercial Insurance & Analytics

MGT Insurance; San Francisco (CA); On-site; USD 80,000 - 150,000; Full time

Benefits offered by this job

Performance-based bonus

Equity

Comprehensive benefits package

Job summary

MGT Insurance seeks a Product Analyst, Commercial Insurance to support product development, pricing, research, and regulatory filings. This role collaborates with underwriting, actuarial, claims, compliance, engineering, and data teams to drive modern commercial P&C products.

The position emphasizes data analysis, model-building, and cross-functional execution in a fast-paced, entrepreneurial setting.

Qualifications

• 3+ years of experience in the insurance industry, including roles in underwriting, claims, product, actuarial support, or data analytics.
• Experience working in an analytical capacity preferred (pricing, analytics, modeling, or quantitative problem-solving).
• Hands-on experience with SQL, Python, R, SAS, or similar tools.
• Experience with visualization tools (Power BI preferred).
• Experience with insurance product management or product development processes is a plus.
• Experience working with AI tools (including OpenAI platforms) is a bonus.

Responsibilities

• Assist in developing and enhancing commercial P&C products across multiple lines of business.
• Support the Sr. Commercial Product Leader in drafting product requirements, preparing product documentation, and coordinating cross-functional workstreams.
• Participate in the research, planning, and evaluation of new product initiatives.
• Conduct data analysis to support pricing, product design, risk segmentation, and rate adequacy.
• Build and maintain analytical models using SQL, Python, R, SAS, or other statistical tools.
• Assist in monitoring product performance, including loss trends, underwriting patterns, and competitive benchmarks.
• Support the development of rating structures and pricing models for new and existing products.
• Assist with state filing activities, including preparing components of filings, compiling exhibits, and supporting responses to regulator questions.
• Help maintain organized documentation and filing artifacts for tracking and compliance.
• Conduct research on competitor forms, rates, rules, and market trends to inform product decisions.
• Support competitive analysis that informs coverage design, pricing, and product positioning.
• Work closely with underwriting, actuarial, claims, compliance, and engineering teams to support product implementation and updates.
• Assist with product testing and validation during system implementations or upgrades.
• Work on projects and initiatives supporting the Sr. Commercial Product Leader across product strategy, enhancement, and modernization efforts.
• Help create dashboards, reports, and insights using tools such as Power BI or other visualization platforms.
• Support documentation, training materials, and product communications.
• Contribute to automation and workflow improvements using AI tools, including OpenAI platforms (a plus).

Skills

SQL

Python

R

SAS

Power BI

Education

Bachelor's degree in Business, Math, Statistics, Economics, Finance, Insurance, Data Science, Actuarial Science, or related fields

Master's degree

Insurance certifications (CPCU, AINS, ARM)

Tools

Power BI

Job description

MGT Insurance seeks a Product Analyst, Commercial Insurance to support product development, pricing, research, and regulatory filings. This role collaborates with underwriting, actuarial, claims, compliance, engineering, and data teams to drive modern commercial P&C products.

The position emphasizes data analysis, model-building, and cross-functional execution in a fast-paced, entrepreneurial setting.