Product Analyst
COUNTRY Financial® · Bloomington, IL · 2 mo ago
Analyst$79k–$108k/yrFull-time
About the role
As a Product Analyst at COUNTRY Financial, you will be a key member of the Market Management team, reporting to the Market Analytics Supervisor. You will help Market Managers better understand product performance, market dynamics, competitive trends, and emerging opportunities across Personal and Commercial lines. You will use tools such as SQL, Python, and modern analytics platforms to explore data, improve analysis processes, automate recurring work, and make insights more accessible to business partners.
Responsibilities
- Drive the successful development of new products and the effective management and enhancement of existing products by making recommendations regarding product design, pricing, underwriting, agency management, distribution, claims and other processes.
- Ensures overall goals for production and underwriting profitability are met by analyzing premium rates, loss experience, and retention.
- Maintains awareness of all major competitors' current market positions (rates, service levels, financial positions and operating strategies), business directions, financial dynamics, and new technologies.
- Develops assigned state(s) business profit and growth strategies and translates business ideas and market opportunities into new product ideas.
- Communicates and coordinates key profit metrics by coordinating with the Information Technology (IT) department to ensure proper implementation of rate revisions, new products, new product features, and other initiatives.
- Develops working relationships with Accounting, Actuarial, Claims, Customer Service and IT.
Requirements
- Proficiency in SQL for data extraction, transformation, and analysis.
- Experience with Python for advanced analytics, automation, and data processing.
- Strong analytical and problem-solving skills with the ability to translate complex data into actionable business insights.
- Familiarity with data visualization tools (e.g., Power BI, Tableau) and cloud-based analytics environments is a plus.
- Experience with forecasting and modeling.
Qualifications
- Typically requires 2+ years of relevant experience or a combination of related experience, education and training.
Skills
- SQL for data extraction, transformation, and analysis.
- Python for advanced analytics, automation, and data processing.
- Data visualization tools (e.g., Power BI, Tableau).
- Cloud-based analytics environments.
- Forecasting and modeling.
Benefits
COUNTRY Financial offers a comprehensive benefits package including insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.
Pay
Base Pay Range: $78,800-$108,350
Schedule
Not specified