Product Analyst (Hybrid)
American Family Insurance is seeking a Product Analyst to provide analysis that informs product strategy recommendations. The role involves researching competitor products, developing product language and underwriting guidelines, and analyzing performance data to drive product growth.ResponsibilitiesProvides information and unified product performance storylines to leadership that will affect profit and growth plan execution on an ongoing basisDevelops reports, analysis, or recommended strategies related to product development or enhancement, underwriting, and eligibility to drive multiproduct growthAnalyzes information, including countrywide competitive intelligence, and presents opportunities to improve product or business practices and proceduresMonitors effectiveness of current products and recommends changes and/or enhancements to management to strengthen product decisionsAnalyzes reports and/or data with a focus on quality, accuracy, and completeness in support of the formulation and execution of operational plansMay specialize in supporting pricing activities related to rate reviews, profit and loss ratio-based reviews, experience rating programsResearches philosophies and strategies that support growth and long-term profitability goals, including the effective adoption of AI toolsSkillsProvides analysis to help build out product strategy recommendations to division and department leadership based on research, performance data and competitor actionsMay specialize in researching competitor products, developing and/or enhancing product/contract language, underwriting guidelines, and/or analyticsIn this hybrid role, you will be expected to work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110Provides information and unified product performance storylines to leadership that will affect profit and growth plan execution on an ongoing basisDevelops reports, analysis, or recommended strategies related to product development or enhancement, underwriting, and eligibility to drive multiproduct growthAnalyzes information, including countrywide competitive intelligence, and presents opportunities to improve product or business practices and proceduresMonitors effectiveness of current products and recommends changes and/or enhancements to management to strengthen product decisionsAnalyzes reports and/or data with a focus on quality, accuracy, and completeness in support of the formulation and execution of operational plansMay specialize in supporting pricing activities related to rate reviews, profit and loss ratio-based reviews, experience rating programsResearches philosophies and strategies that support growth and long-term profitability goals, including the effective adoption of AI toolsDemonstrated experience providing customer-driven solutions, support or serviceDemonstrated experience with various PC software applications and Microsoft Office productsSolid knowledge and understanding of insurance product design and underwriting concepts in area of expertiseSolid knowledge and understanding of market research and marketplace trends in insurance coverageBasic knowledge and understanding of project management methodologies, practices, techniques and toolsIdeal candidates will be in a Product Analyst role and/or able to translate data into business insightsTravel Requirements: Up to 10%Physical Requirements: Work that primarily involves sitting/standingOffer to selected candidate will be made contingent on the results of applicable background checksOffer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventionsSponsorship will not be considered for this position unless specified in the postingBenefitsComprehensive medical, dental, vision and wellbeing benefitsCompetitive 401(k) contributionPension planAnnual incentive9 paid holidaysPaid time off program (23 days accrued annually for full-time employees)Student loan repayment programPaid-family leaveCompany OverviewFor more than 90 years, American Family Insurance has built its reputation on sound principles. It was founded in 2013, and is headquartered in Madison, Wisconsin, USA, with a workforce of 10001+ employees. Its website is http://amfamventures.com/.
Apply To This Job
Apply To This Job