Product Analyst (hybrid)

We are seeking a entry level Product Analyst with insurance/product management experience to join our Performance team as part of the Product Analytics organization. The position includes responsibility for providing countrywide insights on the profit and growth performance of our Personal Lines products. This role will report directly to the Personal Lines Performance Senior Manager.

The Product Analyst is part of the Product Analytics team and will work cross functionally within Product Management on a regular basis to design and build financial and operational models and tools to report on and analyze performance and influence product improvements. Strong candidates are collaborative, curious, have a passion for working with data, problem solvers with strong quantitative acumen, demonstrate strong analytical and problem-solving skills. This position offers an excellent opportunity to interact with a variety of departments in the organization (Product, Finance, Claims, Reserving, Operations, etc.) and the broader American Family community.

Position Compensation Range:

$77,000.00 - $127,000.00

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Accountabilities
•Provides information to leadership/management that will affect profit and growth plan execution on an ongoing basis.
•Develops reports, analysis, or recommended strategies related to product development or enhancement, product language, underwriting guidelines, processes, and agent business practices.
•Analyzes information and presents opportunities to improve product or business practices and procedures.
•Monitors effectiveness of current products and recommends changes and/or enhancements to management.
•Analyzes information and/or data in support of the formulation and execution of operational plans.
•May specialize in supporting pricing activities related to rate reviews, profit and loss ratio-based reviews, experience rating programs.
•Researches philosophies and strategies that support growth and long-term profitability goals.

Specialized Knowledge & Skills Requirements
•Demonstrated experience providing customer-driven solutions, support or service.
•Demonstrated experience with various PC software applications and Microsoft Office products.
•Solid knowledge and understanding of insurance product design and underwriting concepts in area of expertise.
•Solid knowledge and understanding of market research and marketplace trends in insurance coverage.
•Basic knowledge and understanding of project management methodologies, practices, techniques and tools.

Licenses
•Not applicable.

Travel Requirements
•Up to 10%.

Physical Requirements
•Work that primarily involves sitting/standing.

Working Conditions
•Not applicable.

Additional Information

• Offer to selected candidate will be made contingent on the results of applicable background checks

• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions

• Sponsorship will not be considered for this position unless specified in the posting

•    Relevant Experience: A minimum of 4 years of professional experience, ideally including work in Property & Casualty insurance preferred. 
•    Educational Credentials: A bachelor’s degree and quantitative analytical knowledge is required; a graduate degree and/or CPCU designation is preferred, but not required. 
•    Entrepreneurial Mindset: A self-starter who can identify business opportunities, develop a product plan to capitalize on those opportunities, and successfully implement the plan. 
•    Structured & Logical Thinking: The ability to identify and define business problems and issues, and develop strategic, analytical, and financial frameworks to conduct analyses. 
•    Analytical Rigor: Analyze state performance, identify additional areas of research, and recommend improvements. 
•    Powerful Communication: The ability to communicate effectively, succinctly across a variety of media, and to various levels of management, including Senior Executives. 
•    Team Player: The candidate is collaborative, and able to work well as part of a team. 
•    Software Experience: Subject matter expertise in the areas of SQL, SAS, R, Python, Tableau, Power BI, and/or other programming/data query/reporting knowledge, in addition, intermediate to advanced skills in Microsoft Excel and PowerPoint. Think-cell knowledge is highly preferred. 

The candidate selected for this position will be a creat