Product Data Analyst

Indiana Farmers Insurance

Indianapolis (IN)

Hybrid

USD 95,000 - 130,000

Full time

16 hours ago
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Benefits offered by this job

Health insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
401k match
Paid time off
Parental leave
Volunteer time

Job summary

Indiana Farmers Insurance is seeking aSenior Product/Business Analyst to bridge data, product strategy, and regulatory requirements. You will turn data into actionable insights for our members and agency partners, drive report creation, and support changes across rates and documentation.

The role collaborates with QA and IT to ensure accurate implementations, while maintaining a focus on member impact and risk management. Remote work with periodic in-office presence is expected.

Qualifications

  • Bachelor's degree in a related field or equivalent experience.
  • 5+ years in P&C insurance, product management, underwriting, actuarial, or related functions.
  • Experience with spreadsheets, databases, BI applications, or data visualization.

Responsibilities

  • Analyze claims, underwriting, premium, profitability, retention, growth, market, competitive, and operational data to identify trends, risks, and opportunities.
  • Create reports, presentations, and recommendations to help leaders understand product performance and inform decisions.
  • Support product changes involving rates, rules, documentation, business requirements, testing, and implementation.
  • Prepare regulatory filing materials and maintain product information for consistent application of requirements.
  • Partner with QA and IT to define test scenarios, investigate issues, and identify root causes and improvements.
  • Serve as a resource for rating and product documentation, translating complex information for technical and business audiences.
  • Use approved AI-enabled tools to improve analysis, documentation, and efficiency while maintaining professional judgment.

Skills

Data analysis
Product management
Regulatory understanding
Communication skills
Attention to detail

Education

Bachelor's degree in business, finance, economics, insurance, math, data analytics

Tools

Excel
SQL
BI tools
Tableau

Job description

Grow Without Feeling Like Just a Number

Looking for a place where you can grow your career and still feel known, valued, and supported? Indiana Farmers Insurance combines the stability of a mutual insurance company founded in 1877 with a close-knit culture built on lasting relationships. Our ICARE values of Innovation, Collaboration, Accountability, Respect, and Empowerment create clear expectations for how we contribute, work together, take ownership, and support one another. Here, you can strengthen your skills, build trusted relationships, and see how your work makes a difference for our members, independent agency partners, and communities. Join us to help protect what matters while building something meaningful for yourself.

Description
Grow Without Feeling Like Just a Number

Looking for a place where you can grow your career and still feel known, valued, and supported? Indiana Farmers Insurance combines the stability of a mutual insurance company founded in 1877 with a close-knit culture built on lasting relationships. Our ICARE values of Innovation, Collaboration, Accountability, Respect, and Empowerment create clear expectations for how we contribute, work together, take ownership, and support one another. Here, you can strengthen your skills, build trusted relationships, and see how your work makes a difference for our members, independent agency partners, and communities. Join us to help protect what matters while building something meaningful for yourself.

Why this role matters

Insurance products affect the experience of our members, the work of our agency partners, and the performance of our business. This role sits at the connection point between data, product strategy, regulatory requirements, systems, and day-to-day execution. Your work will help Indiana Farmers make informed product decisions, improve implementation quality, and deliver changes accurately and on time.

What You Will Do
  • Analyze claims, underwriting, premium, profitability, retention, growth, market, competitive, and operational information to identify trends, risks, and opportunities.
  • Create clear reports, presentations, and recommendations that help leaders and business partners understand product performance and make decisions.
  • Support product changes involving rates, rules, documentation, business requirements, testing, and implementation.
  • Prepare regulatory filing materials and maintain product information so requirements can be understood and applied consistently.
  • Partner with Quality Assurance and Information Technology to define test scenarios, investigate implementation issues, and identify root causes and improvements.
  • Serve as a resource for questions involving rating and product documentation, translating complex information for both technical and business audiences.
  • Use approved AI-enabled tools thoughtfully to improve analysis, documentation, and efficiency while maintaining sound professional judgment.
Requirements
What you will bring
  • A bachelor’s degree in business, finance, economics, insurance, mathematics, data analytics, information systems, or a related field, or an equivalent combination of education, training, and experience.
  • Typically, five or more years of experience in property and casualty insurance, product management, underwriting, actuarial, business analysis, compliance, operations, or a related function.
  • Experience using spreadsheets, databases, reporting tools, business intelligence applications, or data visualization techniques to analyze and communicate information.
  • Experience supporting product, system, or business changes through requirements, documentation, testing, validation, or implementation.
  • Strong attention to detail, analytical judgment, business curiosity, and the ability to communicate clearly across different audiences.
  • Property and casualty insurance, rating, underwriting, regulatory, or product experience is preferred. Progress toward CPCU or another relevant insurance designation is also preferred.
How You Will Contribute

You will be successful by producing accurate, useful analysis; following work through to completion; asking thoughtful questions; and building effective partnerships across the company. The role requires someone who can work comfortably with detailed information while keeping sight of the member, agency, and business impact.

Position details

Department: Product Management

Reports to: Team Leader, Product Management

Work environment: Remote, with periodic in-office presence based on business needs. Candidates should ideally reside in one of the 18 states where Indiana Farmers Insurance operates: Colorado, Georgia, Iowa, Illinois, Indiana, Kentucky, Massachusetts, Michigan, Minnesota, Missouri, North Carolina, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Washington, or Wisconsin.

Additional considerations: Occasional extended hours may be needed for product implementations, regulatory filings, or business initiatives. Limited travel may be required.

Benefits
  • Free Health insurance (Associate Only)
  • Free Dental insurance (Associate Only)
  • Free Vision insurance (Associate Only)
  • Free Life insurance
  • Free Short-Term & Long-Term Disability insurance
  • 2% 401k Company Match
  • 11% 401k Company Contribution
  • Excellent Paid Time Off
  • Generous paid time for Parental Leave
  • Day of Service
  • We promote from within our widely talented workforce regularly and consistently offer opportunities to learn and grow
  • Student Loan Assistance Program
  • Educational Incentive Program
  • Employee Assistance Programs for you and your family
  • Matching funds of up to $100 annually are available from the company for your favorite charitable organization
  • Associate recognition awards, fun gatherings, and opportunities to make friends are part of our culture
  • An on-site fitness center at our home office in Carmel, Indiana as well as free and convenient parking

Indiana Farmers Insurance is an equal opportunity employer. Employment decisions are made without regard to legally protected status.

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