Provides analysis to help build out product strategy recommendations to division and department leadership based on research, performance data and competitor actions.
May specialize in researching competitor products, developing and/or enhancing product/contract language, underwriting guidelines, and/or analytics.
Develops reports, analysis, or recommended strategies related to product development or enhancement, underwriting, and eligibility to drive multiproduct growth.
Analyzes information, including countrywide competitive intelligence, and presents opportunities to improve product or business practices and procedures.
Monitors effectiveness of current products and recommends changes and/or enhancements to management to strengthen product decisions.
Analyzes information and/or data with a focus on quality, accuracy, and completeness in support of the formulation and execution of operational plans.
May specialize in supporting pricing activities related to rate reviews, profit and loss ratio-based reviews, experience rating programs.
Researches philosophies and strategies that support growth and long-term profitability goals, including the effective adoption of AI tools.

Demonstrated experience providing customer-driven solutions, support or service.
Demonstrated experience with various PC software applications and Microsoft Office products.
Solid knowledge and understanding of insurance product design and underwriting concepts in area of expertise.
Solid knowledge and understanding of market research and marketplace trends in insurance coverage.
Basic knowledge and understanding of project management methodologies, practices, techniques and tools.

Product Analyst

Key skills