Property & Casualty Product Analyst

Assurant, Inc.; United States; Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a P&C Product Analyst to join their dynamic team. In this role, you will analyze market trends and customer needs, supporting the Product Management team in enhancing existing products and developing new ones. Your expertise will influence product positioning and profitability while ensuring compliance with industry standards. This innovative firm offers a collaborative environment where your analytical skills will shine, and your contributions will directly impact product success. If you are passionate about product analysis and thrive in a fast-paced environment, this opportunity is perfect for you.

Qualifications

• 2+ years of experience in product analysis in the Property & Casualty industry.
• Expert level experience with Excel and SQL is highly desired.

Responsibilities

• Analyze market trends and customer needs to support product management.
• Develop and present business plans for new product opportunities.

Skills

Analytical Skills

Conceptual Thinking

Attention to Detail

Relationship Building

Organizational Skills

Education

Bachelor’s Degree in Insurance

Bachelor’s Degree in Finance

Bachelor’s Degree in Business Administration

Bachelor’s Degree in Marketing

Bachelor’s Degree in Mathematics

Tools

Excel

SQL

Job description

At Assurant, the P&C Product Analyst will be responsible for supporting the Product Management team in analyzing market trends, customer needs, and product performance. This will include aligning with the Product Management leadership in execution of the product vision, roadmap and liaison between business stakeholders and the Product Management team.

Applicants must be legally authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this opportunity.

What will be my duties and responsibilities in this job?

• 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.

What are the requirements needed for this position?

• A minimum of 2 years of experience in product analysis in the 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.

What other skills/experience would be helpful to have?

• Bachelor’s degree in preferred in Insurance, Finance, Business Administration, Marketing, Mathematics or related field.

• SQL experience is highly desired.

• Experience in interpreting forms in the P&C industry.

• Homeowners or Condo insurance experience is highly desired.

• Perform work responsibilities in a timely manner and in a fast-paced, high volume, office work environment.

• Strong relationship building skills, including an ability to influence internal & external stakeholders.

• Ability to prioritize own work to meet tight deadlines with high sense of urgency.

• Inquisitive nature and ability to seek out information.

• Strong organizational skills.

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