Senior Insurance Business/Product Analyst

gaig; Cincinnati (OH); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Great American Insurance Group is seeking a Product Manager to develop new insurance products and drive growth in the trucking division. You will work closely with underwriting, actuarial, and claims teams to design product specifications, pricing, and policy language.

The role requires strong analytical and communication skills, collaboration across departments, and the ability to travel as needed. On-site four days a week with one remote day is expected, in Cincinnati, OH.

Qualifications

• Bachelor's degree or equivalent experience.
• 2+ years in product or related experience; certifications may be preferred.

Responsibilities

• Develop new products and solutions to drive premium growth and product profitability.
• Conduct market research to identify trends and opportunities.
• Collaborate with underwriting, actuarial, and claims to design insurance solutions and pricing.
• Gathers and analyzes data related to product performance.
• Monitor product performance and communicate findings to business units.
• Develop and execute product strategies and roadmaps.

Skills

Analytical thinking

Communication skills

Decision making

Customer focus

Relationship building

Travel willingness

Education

Bachelor's degree or equivalent experience

Job description

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Great American's focus on the trucking industry started in the early 1990s with the development of a trucking physical damage policy. Backed by the financial strength of the Company, but solely built and focused on the trucking industry, the Trucking Division has grown to be a leader in providing best-in-class truck insurance products to independent contractors.

The Division is dedicated entirely to trucking. That means whomever you work with is only talking trucks. All day. Every day. Great American's Trucking Division provides the products and services needed by the long-haul trucking industry, particularly independent contractors, to get them back on the road faster.

Great American's culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. Core in-office days are Tuesday-Thursday, with the fourth day determined by business needs.

Essential Job Functions and Responsibilities

• Participates in developing new products and/or solutions to enhance premium volume growth and ensures the competitiveness and profitability of existing products.
• Conducts market research to identify trends, opportunities, and competitive landscape.
• Collaborates with underwriting, actuarial, and claims teams to assist in designing innovative insurance solutions and developing product specifications, pricing strategies, and policy language.
• Gathers and analyzes data from various sources specific to product.
• Monitors product performance.
• Provides summary analysis, makes recommendations, and communicates to business units.
• Participates in developing and executing product strategies and roadmaps to achieve business goals. Participates in conducting SWOT analysis to evaluate product strengths, weaknesses, opportunities, and threats.
• Participates in developing product and rate revisions, underwriting guidelines, manuals, and procedures.
• Works with marketing, business development, and insurance operations teams to ensure successful product launches and ongoing product support.
• May participate in developing and presenting trainings regarding new products and product changes to internal teams and agents.
• Partners with the IT department on prioritization, implementation, and enhancements of operational systems to ensure production capabilities are both effective and efficient.
• Performs other duties as assigned.

Job Requirements

• Education: Bachelor's Degree or equivalent experience
• Experience: 2+ years of experience in product or related experience. Certification in area of expertise may be required; appropriate certifications could include Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), Certified Licensing Professional (CLP) or other applicable designations.

Scope of Job/Qualifications:

Strong technical knowledge of insurance products and lines of business. Develops and maintains knowledge of industry laws and regulations. Proficiency in interpreting competitive data and industry trends. Strong analytical skills with the ability to use data to inform decisions. Demonstrated decision-making ability and customer-centric mindset. Demonstrates strong communication skills and ability to build relationships. Position may require occasional travel.

Business Unit:

Trucking

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

*Excludes seasonal employees and interns.