Senior Analyst, Product Research
Liberty Mutual InsuranceAbout the role
Pay Philosophy
- The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
**This position may have in-office requirements depending on candidate location.**
We are looking for a Sr Analyst, Product Research to join the Small Commercial Line of Business Management team.
The Small Commercial Line of Business Management team plays a pivotal role in driving and enabling success across our organization. Some of our key mandates include:
- Developing and maintaining market leading products, capabilities, and product-related experiences.
- Developing, evolving, and driving our line of business strategy for core lines of business.
- Partnering with key P&L leaders across the organization to execute on strategy initiatives and guide countrywide P&L.
This role is within the Contract Strategy & Design group and supports the following lines of business: Businessowners, Crime, Farm, General Liability, Inland Marine, Package, Property and Umbrella.
In this role you will:
- Own, maintain, and assess compliance for forms and contracts for both in-market and new products.
- Manage multiple Business Lines form and contract initiatives.
- Analyze information from various resources to develop recommendations.
- Independently drive revisions with a focus on quality and customer centricity.
- Own communication of recommendations/changes to impacted stakeholders.
- Research and answer inquiries related to coverages, forms, and contracts from the organization and provide recommendations.
- Complete competitive research and analysis.
- Support development of contract strategy.
- Monitor bureau and state activity, evaluating impacts to existing products. Collaborate with the Product Filings team on achieving approval of filings from regulatory authorities.
- Take a proactive role in identifying and leading process improvement initiatives.
- Promote cross-departmental collaboration in order to meet business goals.
- Innovate and collaborate with other teams to design and develop language for new products and product updates.
- At the end of your first year a successful candidate will complete all onboarding activities, demonstrate understanding of the forms development process, and independently own and complete projects meeting all target metrics.
This job might be for you if you are:
- Inclusive. You seek and value all voices. You embrace diversity and inclusion, and encourage everyone to bring their authentic selves to work.
- Resilient. You can encounter difficult situations and navigate through them with courage. You are agile and thrive in a quick-paced and ever-changing industry.
- Curious. You have a desire to dig more deeply, challenge assumptions and solve problems. You adopt a growth mindset and seek to continuously learn and improve.
- Driven. You set high standards and make things better. You take risks to innovate across products, lines, and processes. You are motivated and proactively volunteer for new challenges.
- Humble. You are able to build trusting relationships and look for ways to build others up. You are receptive to feedback and showcase a desire to grow.
- Collaborative. You communicate clearly. You are able to collect sufficient information to understand what we are trying to solve, develop recommendations and collaborate across key stakeholders to influence and gain support on solutions.
- Decisive. You can research and analyze criteria keeping a solutions mindset. You are self-directed and take ownership of the time you spend with us.
- Inspiring. You lead by example and follow through on your words and actions. You keep a coaching mindset and invest in the mentorship and training of your team.
Qualifications
- Prior experience with interpreting and applying insurance policy contracts.
- Project Management experience working cross-functionally with multiple stakeholders.
- Strong communication, organizational, analytical, critical thinking, presentation, influencing, and relationship management skills; effective team building skills.
- Prior experience in Claims, Underwr
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