Senior State Product Analyst

Role Description

If you’re passionate about helping people protect what matters most to them at a Fortune 100 company with nearly $70 billion in annual sales, as well as innovating and simplifying processes and operations to provide the best customer value, then Nationwide’s Property and Casualty team could be the place for you!

There are four Senior State Product Analyst roles open. Ideal candidates would demonstrate:

• Proven quantitative analysis skillset
• An ability to generate clear, data-driven insights
• Excellent communication skills
• P&C industry experience preferred

As State Management Sr Analyst, you’ll provide analytical support and project leadership to help State Managers achieve strategic goals. Your work will include implementing processes related to financial planning, rate reviews, market development, and communication.

Key Responsibilities:

• Performs analysis and provides recommendations to State Management.
• Works independently, identifying multiple inputs, variables and using business knowledge to provide robust analysis and deployment recommendations.
• Provides rate revision support, including attending meetings, completing checklists, and analyses.
• Reviews competitor filings and collects input from the field about competitor changes.
• Reviews monthly Profit & Loss statements and other reports to identify root causes for variances and emerging trends.
• Monitors and reports on progress toward financial goals (Growth, CR, LR, Retention).
• Identifies trends and changes needed to ensure profitable growth.
• Works with State Managers to implement state-specific strategies to meet or exceed profit and growth targets.
• Monitors financial results, quoting activity, and conversion rate.
• Supports state manager with quarterly state forecast reviews.
• Communicates results effectively and professionally.
• Understands how source data impacts reporting and analysis.
• Coordinates and facilitates communication across functions.
• Completes ad hoc requests for the State Managers in a timely fashion.
• May perform other responsibilities as assigned.

Qualifications

• Bachelor’s degree in insurance, actuarial science, mathematics, risk management, economics, finance, accounting, business administration or related field preferred.
• Progress toward CPCU, AU CIC, INS ARM, Actuarial exams or similar designations preferred.
• Three years of experience in property and casualty insurance or related area and experience with data analysis preferred.

Requirements

• Knowledge of analytical tools, basic knowledge of core business functions, underwriting standard methodologies, performance measurement techniques, and systems required.
• Basic knowledge of related pricing, marketing, company operations and products.
• Strong business software solutions skills utilizing the Microsoft Office suite.
• Ability to analyze data, identify underlying issues, devise alternative solutions, select most appropriate action and follow through to completion.
• Strong verbal and written communication skills necessary to collaborate with internal and external contacts.
• Ability to organize and present detailed analysis, information and concepts.
• Ability to prioritize own work/time.

Benefits

• Medical/dental/vision
• Life insurance
• Short and long term disability coverage
• Paid time off with a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
• Nine paid holidays
• 8 hours of Lifetime paid time off
• 8 hours of Unity Day paid time off
• 401(k) with company match
• Company-paid pension plan
• Business casual attire
• And more.