Insurance Strategy & Business Analytics Analyst

Description Summary

The Insurance Strategy & Business Analytics Analyst is responsible for evaluating growth opportunities, conducting market and financial analyses, and developing business cases that support strategic decision-making. This role combines financial modeling, data analytics, industry research, and regulatory analysis to assess potential investments, new products, and lines of business within Huntington Insurance.

Duties & Responsibilities

• Develop and present business cases to evaluate new insurance products, services, and lines of business.
• Analyze market opportunities and identify areas for expansion, revenue growth, and competitive advantage.
• Evaluate key business drivers, operating models, and compensation structures within targeted insurance segments.
• Build and maintain complex financial models, including 5-year pro forma projections and return-on-investment analyses.
• Perform quantitative analysis using large datasets to identify trends, opportunities, and investment insights.
• Conduct market research to size opportunities, assess market share potential, and evaluate competitive landscapes.
• Research insurance industry trends, emerging risks, and market developments.
• Analyze regulatory requirements and assess their impact on business strategies and investment decisions.
• Partner with Legal, Compliance, and Risk Management teams to ensure business recommendations align with regulatory standards and company policies.
• Prepare analytical reports and recommendations for senior leadership.
• Translate complex data and research findings into clear insights that support strategic decision-making.
• Provide modeling, analytics, and research support for executive presentations, investment proposals, and growth initiatives.

Basic Qualifications

• Bachelor’s degree in Finance, Economics, Business, Data Analytics, or a related field.
• 5+ years of experience in business analytics, financial analysis, corporate strategy, insurance analytics, or a related field.

Preferred Qualifications

• Experience within the insurance or financial services industry.
• Knowledge of insurance products, distribution models, compensation structures, and revenue drivers.
• Familiarity with insurance regulatory requirements and compliance considerations.
• Advanced proficiency in Microsoft Excel, including financial modeling, forecasting, and scenario analysis.
• Experience developing business cases, investment analyses, and long-range financial projections.
• Strong analytical and quantitative problem-solving skills.
• Experience conducting market research and industry analysis.
• Ability to synthesize large volumes of data into actionable business insights.
• Excellent written, verbal, and presentation skills.
• Experience with business intelligence and data visualization tools (e.g., Power BI, Tableau).
• Understanding of statistical modeling, regression analysis, and forecasting methodologies.

Exempt Status

Yes

Workplace Type

Office