Senior Product Analyst - Vendor Management & Third-Party Data

Liberty Mutual Insurance; United States; Remote; USD 70,000 - 90,000; Full time

Job summary

A leading insurance company seeks a Senior Product Analyst for its Vendor Relationships & Solutions team. The role involves analyzing vendor performance and providing insights for strategic decisions. Ideal candidates will possess strong data analysis skills and a relevant degree, along with three or more years of experience. This position offers a unique opportunity to contribute to enhancing vendor efficiency and improving organizational outcomes.

Qualifications

• Minimum 3 years relevant work experience, typically 4 years.
• Familiarity with Personal Lines insurance products preferred.
• Strong proficiency in data analysis software.

Responsibilities

• Evaluate vendor performance and identify trends for decision-making.
• Develop reporting across key metrics and ensure contract compliance.
• Manage vendor expenses through planning and forecasting.

Skills

Data analysis

Organizational skills

Communication skills

Education

Bachelor's degree in mathematics, economics, statistics, or other quantitative field

Tools

Excel

PowerPoint

SAS

SQL

Snowflake

Power BI

Job description

Pay Philosophy

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

Description

We are seeking a highly organized, motivated, detail-oriented Senior Product Analyst to join the Vendor Relationships & Solutions team in Personal Lines Auto Product. In this role you will be responsible for supporting the third-party data strategy, focusing on vendor performance and expense management. The ideal candidate has experience leveraging data sources to provide actionable insights, build business cases to support strategic decisions, and present findings to leadership teams across the organization. Support for ad hoc data analysis is also expected for this role.

Key responsibilities of this role will include:

• Evaluate vendor performance and identify trends and data-driven insights to support decision-making for contract negotiations, vendor selection, and new product exploration
• Develop and build reporting across key metrics, KPIs, and SLAs to ensure contract compliance and identify areas for improvement
• Make recommendations to increase value of utilized vendor services, working cross-functionally with internal stakeholders and partners to deploy initiatives
• Partner with Finance to manage vendor expenses through regular planning, forecasting, and analyzing variances
• Review the accuracy of vendor invoices, reconciling service costs against internal monitoring, contract terms, and communicating with vendors and internal partners to resolve discrepancies

The ideal candidate will have:

• Familiarity with Personal Lines insurance products (knowledge of insurance data solutions a plus)
• Proficiency in Excel, PowerPoint, and data analysis software (e.g., SAS, SQL, Snowflake)
• Experience with creating Power BI dashboards preferred

Qualifications

• Bachelor's degree in mathematics, economics, statistics, or other quantitative field.
• Minimum 3 years relevant work experience, typically 4 years.
• Strong proficiency in Excel, PowerPoint, and statistical software packages (e.g., SAS, Emblem).
• Must have strong planning, organizational, analytical, decision making and communication skills.

About Us

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/BenefitsLiberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.Fair Chance Notices

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco