Product Analyst, Commercial Insurance

About the role

MGT is the first AI-driven, neo-insurer focused on evolving commercial P&C insurance for brokers and small business owners. We combine the expertise of industry veterans with state-of-the-art technology to drive innovation and move the industry forward.

Responsibilities

• Assist in developing and enhancing commercial P&C products across multiple lines of business.
• Support the Sr. Commercial Product Leader in drafting product requirements, preparing product documentation, and coordinating cross-functional workstreams.
• Conduct data analysis to support pricing, product design, risk segmentation, and rate adequacy.
• Build and maintain analytical models using SQL, Python, R, SAS, or other statistical tools.
• Monitor product performance, including loss trends, underwriting patterns, and competitive benchmarks.
• Develop rating structures and pricing models for new and existing products.
• Aid in state filing activities, including preparing components of filings, compiling exhibits, and supporting responses to regulator questions.
• Conduct market research and competitive analysis on competitor forms, rates, rules, and market trends.
• Collaborate closely with underwriting, actuarial, claims, compliance, and engineering teams to support product implementation and updates.
• Assist with product testing and validation during system implementations or upgrades.
• Support product strategy, enhancement, and modernization efforts across various initiatives.

Qualifications

• 3+ years of experience in the insurance industry, including roles in underwriting, claims, product, actuarial support, or data analytics.
• Experience working in an analytical capacity preferred (pricing, analytics, modeling, or quantitative problem-solving).
• Hands-on experience with SQL, Python, R, SAS, or similar tools.
• Experience with visualization tools (Power BI preferred).
• Experience with insurance product management or product development processes is a plus.
• Experience working with AI tools (including OpenAI platforms) is a bonus.