Hybrid Senior Insurance Product Analyst

at Obie Companies

• Job title: Senior Insurance Product Analyst
• Job type: Full Time
• Experience level: Senior
• Salary: $86,250 - $143,750 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Chicago, United States

About the role

• Senior Insurance Product Analyst developing strategic plans for profitable growth in property insurance. Collaborating across teams to enhance insurance products and leverage market insights.

Responsibilities

• Assist the insurance product managers in developing and implementing rate revisions, state expansion, and product development plans that enable Obie to meet our goals.
• Leverage analytical and communication skills to collaborate across teams to develop insurance products and services.
• Assist in completing competitive market analysis including forms comparison, product offerings and comparisons, and monitoring competitor state changes.
• Improve the products using contract language, underwriting guidelines and manuals, and technology enhancements.
• Partner closely with Technology Product and Engineering teams to articulate, develop, and validate technology features and enhancements.
• Use customer and data insights from the market, our sales funnel, competitors, and claims to inform insurance product development.
• Enhance tools, processes, and frameworks to bring insurance products to market.

Requirements

• 3+ years working in a property insurance product management role
• Experience with rate indication analysis, competitive monitoring, forms development, underwriting knowledge, business case development, start-ups, MGA’s, and non-admitted lines
• Knowledge of insurance product management principles, frameworks, and best practices
• Experience researching competitor products, developing and enhancing product/contract language and underwriting guidelines
• Ability to conduct quantitative and qualitative analysis to evaluate performance across various products and segments
• Strong communication and project management skills, and the ability to collaborate effectively with people at all levels across the company
• Ability to succinctly communicate results and recommendations to leadership
• Ability to explain business logic to technical and non-technical team members
• Positive “can do” attitude and a desire to contribute to a growing, energetic work environment
• Detail oriented with the ability to prioritize competing demands and manage time effectively.

Benefits

• Comprehensive health, dental, vision and life insurance
• Flexible paid time off
• Retirement savings plan with company match