General Motors Insurance is building an Insurtech business to transform the auto insurance experience. The Insurance Product Analyst II will support state management efforts, ensuring compliance and profitability of auto insurance products while conducting analyses and facilitating product launches.
Responsibilities:
- Research regulatory/legislative issues, perform qualitative and quantitative competitive research, gather data, perform analyses, and pursue process improvements
- Support the development and execution of state product launches (forms/rules/rates/operations), which includes tasks such as research, competitive analysis, drafting filing documents, utilize SERFF, participating in user-acceptance testing
- Help drive business results by tracking and analyzing key business metrics
- Leverage data tools to create reports and visualizations
- Investigate any known issues in rating or underwriting and help generate solutions
- Research insurance industry data using tools such as S&P
Requirements:
- You possess a working knowledge of personal auto insurance operations
- You have experience in utilizing quantitative approaches to generate sounds business analyses
- You have the ability to retrieve and analyze data – to identify trends, indicate how well a product is performing in market, answer ad hoc business questions
- You can interpret competitor product offerings from regulatory filings, websites, and other sources and to research insurance laws and regulations
- You are proficient with Microsoft Office Suite as well as database creation and manipulation programs (e.g., SQL) and business intelligence software
- You have experience or exposure to InsurQuote and/or Radar Base, programming languages such as R or Python are a plus
- You are an effective communicator (verbal and written), cross-collaborator and team member who can work effectively in a team environment and adapt to rapidly changing business and technological needs, with frequently changing priorities
- You enjoy meeting expected delivery dates and the tasks necessary to achieve objectives, managing multiple projects simultaneously and have strong organizational skills to prioritize work appropriately
- You have the ability to meet documentation standards and can demonstrate integrity while successfully managing work demands
- High School Diploma or equivalent required
- Bachelor's Degree in Business, Finance, Math, Insurance or related field, or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree required
- 2+ years work experience in analytics (strong preference for personal lines insurance experience) required