Senior Product Analyst - IA State Management

Overview

This role involves providing analysis to support profit, loss (P&L), and growth for assigned markets or products within a team focused on driving profitable business growth. The position emphasizes pricing, segmentation, and complex analytics to develop market or product strategies and offers recommendations for rate setting to influence business results. It requires a natural curiosity, comfort with unstructured problem solving, and the ability to manage ambiguity.

Responsibilities

• Provide analytical support to inform product, pricing, rule, and underwriting recommendations.
• Partner with Product Managers and Associate Product Managers to evaluate performance drivers and identify opportunities for profitable growth.
• Build analytical tools, summaries, and visualizations to support decision-making and influence outcomes through data-driven recommendations.
• Understand marketplace insights, competitive intelligence, and regulatory issues to guide product management and design.
• Analyze competitor pricing and underwriting to assess business performance relative to the market and industry.
• Extract and analyze data, build analytical tools, and create summarized views and visualizations to inform conclusions.
• Triangulate insights across multiple data sources to recommend solutions to unstructured problems with guidance.
• Develop and communicate recommendations for product, rule, rate, or underwriting changes that directly impact profit and growth.
• Identify barriers to profitability and growth independently.
• Present and influence recommendations to leaders and business partners regarding proposed product and pricing changes or new products.
• Support state-level rate filings and regulatory interactions by preparing analysis, documentation, and insights.

Requirements

• High School Diploma or equivalent required.
• Bachelor's degree preferred in business or related fields such as mathematics, physics, engineering, economics, finance, statistics, accounting, or actuarial science.
• Minimum of 3 years of experience in U.S. property & casualty (P&C) pricing or actuarial roles, or related experience preferred.
• Experience interacting with Departments of Insurance, agents, and distribution/sales preferred.
• Strong product knowledge including principles of P&C pricing and underwriting.
• Understanding of key indicators of product health and competitor product positioning and go-to-market strategies.
• Excellent interpretation of complex statistical data.
• Demonstrated analytical skills and ability to communicate nuanced concepts clearly.
• Strong technical aptitude with required experience in Excel; proficiency in programming languages and tools such as Python, R, and SQL preferred.
• Effective interpersonal skills with ability to work collaboratively in teams.
• Demonstrated strategic thinking and business acumen.

Physical Requirements

• Primarily sedentary work with occasional walking, standing, and lifting/carrying up to 10 lbs.
• Work performed in a climate-controlled office environment.

Compensation & Benefits

• Competitive salary commensurate with experience, qualifications, and location.
• Salary ranges by location (annual):
  • California: $81,375 - $137,940
  • Colorado: $76,275 - $119,350
  • Hawaii, Illinois, Minnesota, Vermont: $76,275 - $127,490
  • Massachusetts: $76,275 - $127,490
  • Maryland: $76,275 - $127,490
  • District of Columbia, New Jersey, New York, Ohio: $76,275 - $137,940
  • Albany County, NY / Cleveland, OH: $81,375 - $119,350
  • Washington: $80,168 - $144,875
• Bonus opportunity based on company and individual performance.
• 401(k) retirement plan.
• Medical, dental, and vision insurance.
• Health Savings and Flexible Spending Accounts.
• Life insurance.
• Paid time off and paid parental leave.
• Tuition assistance.

Location & Work Environment

• Hybrid work environment combining in-office and virtual work.
• Employees living within 50 miles of a corporate office are expected to work at least three days in the office and up to two days virtually.
• Applicants beyond 50 miles may also be considered.

Additional Information

• The recruitment process typically closes open positions within 8 to 21 days after posting.
• The employer is an equal opportunity employer and complies with applicable laws regarding non-discrimination and fair hiring practices.
• Employment eligibility may be subject to regulatory restrictions related to criminal history.
• This position requires strong collaboration, creativity, and innovation within a flexible work setting.