Commercial Lines Product Analyst (Hybrid - Webster or Boston)

Summary

This position is eligible for a higher grade based on experience. This role is not eligible for sponsorship now or in the future.

Key Responsibilities

• Analyze and effectively communicate market changes, industry trends, competitive dynamics, and other critical insights that impact product performance and operations.
• Partner with insurance vendors and underwriting service providers supporting new product launches and ongoing product maintenance, including reviewing contracts, assessing vendor performance and efficiency, and quantifying recommendations.
• Collaborate with Legal and State teams to update policy language or develop new forms to ensure compliance with regulatory requirements and alignment with strategic objectives.
• Build comprehensive, well-documented business requirements for the IT department and partner closely with IT to ensure accurate and timely implementation of product changes.
• Collaborate with state teams representing national products on countrywide projects and strategic initiatives.
• Develop clear, comprehensive, and well-written proposals for review by senior leadership, including presenting recommendations and findings to key stakeholders.
• Leverage advanced Excel capabilities to build pivot tables, create cross-tabulations, apply formulas, analyze and manipulate data, and develop charts and visualizations that clearly summarize analyses.
• Demonstrate strong attention to detail while effectively managing multiple tasks and priorities in a fast-paced environment with limited supervision.
• Utilize advanced Excel skills to summarize, analyze, and visualize data in support of product recommendations.
• Apply end-to-end knowledge of insurance operations, understanding how all aspects of the business work together.
• Proactively communicate market developments, upcoming products, and industry trends to impacted departments across the organization.
• Conduct market and regulatory research using tools such as rate and form circulars issued by rating bureaus.

Qualifications

• Bachelor’s degree or professional-level knowledge in a specialized field, or equivalent related experience.
• 2–4 years of relevant experience, or an associate’s degree with 4–6 years of equivalent experience.
• Commercial Lines experience is preferred, with emphasis on Property, General Liability, BOP, and Commercial Auto coverage.
• Basic project management skills.
• Strong qualitative analysis and critical thinking skills.
• Intermediate proficiency in Microsoft Excel, Word, and PowerPoint.
• Working knowledge of Snowflake and/or other data analysis tools preferred.