Product Analyst II

Job Description

Job Description

The Product & Actuarial Analysis Department designs, develops and launches new products and product enhancements that drive profitable growth, improve product efficiencies, and delivers return on investment through our distribution channels. As a Product Analyst II, you will provide support to the Product Manager by collaborating in cross-functional teams that design, develop, and implement new product initiatives. In addition to product development collaboration, the individual in this position is responsible for creating and maintaining several key reports produced by the Product & Actuarial Analysis Department. The analyst is also responsible for providing medium to high complexity analytical and competitive research. The ideal candidate is an experienced product analyst with an understanding of insurance products and forms.DUTIES & RESPONSIBILITIES:Individually plan, implement, manage, and/or contribute to projects up to high complexityConduct research, perform basic trend analysis, and provide observations on target marketsAnalyze competitor product rates, rules, and forms language with minimal supportResearch, develop and maintain coverage forms, endorsements and manuals needed to support existing productsWork with various departments to develop forms upon introducing new productsWithin department, assist in the creation of rate, rule, and form filings for submission to department of insurance to satisfy state regulatory requirements Independently create and submit regulatory filingsResponsible for creating objection responses to regulatory form and basic rate/rule filingsServe as the subject matter expert for internal questions that arise with regard to assigned enhancements and form filingsWork with IT to implement system changes and enhancements Independently create and distribute a variety of monthly and quarterly reports in a timely fashionIndividually responsible for special and ad hoc projects, analysis, and reportingBuild strong relationships among team members, ensuring cooperation on project objectivesReport to the Product ManagerAnalyst will be involved with wide variety of insurance products which may include: Non-Standard Auto, Commercial Auto, General Liability, Workers' Compensation, and Ancillary Individual Health.QUALIFICATIONS REQUIRED:Bachelor's degree A minimum of 3 to 5 years of product experience with Property & Casualty insurance products Experience in automobile lines of business (Primarily Personal. Commercial, a plus) Independent analytical thinker with excellent written and verbal communication skillsAbility to fill all roles of a successful teamGood organizational, project management and time management skillsStrong attention to detailAbility to work independently, execute quickly, and drive resultsAbility to adapt to different or changing situations, requirements, or prioritiesProactively identifies and takes action to address present and future obstacles, issues, and opportunitiesProficient in Microsoft Excel and WordWarrior Insurance Network (WIN) provides a competitive benefits package to all full-time employees. Following are some of the perks First Chicago employees receive:Competitive SalariesCommitment to your Training & DevelopmentMedical and DentalTelemedicine Benefit401k with a generous company matchPaid Time Off and Paid HolidaysTuition Reimbursement Training ProgramsWellness ProgramFun company sponsored eventsAnd so much more!Estimated Compensation Range: $70,000 - $80,000*Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location.

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