Product Analyst- Hybrid/Remote

National Interstate, a member of Great American Insurance Group, is a leading commercial transportation insurer offering risk financing solutions across all 50 states. The company specializes in traditional insurance and alternative risk transfer programs, including group captives for niche transportation markets.

Schedule

Hybrid schedule based in the Richfield office. Employees are expected on-site four days per week (core days Tuesday–Thursday, with the fourth day determined by business needs) and may work one day remotely.

Responsibilities

• Develop new products and/or solutions to enhance premium volume growth and ensure competitiveness and profitability of existing products.
• Conduct comprehensive market research to identify trends, opportunities, and competitive landscape.
• Collaborate with underwriting, actuarial, and claims teams to design innovative insurance solutions and develop product specifications, pricing strategies, and policy language.
• Analyze market data and customer feedback to identify opportunities for product enhancements, improvements, and new product development.
• Develop and execute product strategies and roadmaps to achieve business goals; conduct SWOT analysis to evaluate product strengths, weaknesses, opportunities, and threats.
• Participate in developing product and rate revisions, underwriting guidelines, manuals, and procedures.
• Work closely with marketing, business development, and insurance operations teams to ensure successful product launches and ongoing product support.
• May participate in developing and presenting trainings regarding new products and product changes to internal teams and agents.
• Perform other duties as assigned.

Requirements

• Bachelor’s degree in Business, Economics, Statistics, or a related field.
• Minimum of 5 years of related underwriting or product experience.
• Completion of or continuing progress toward a professional designation preferred (e.g., AU, CPCU, CIC, INS, ARM, CLP, or other applicable designations).

Qualifications

• Strong technical knowledge of insurance products and lines of business.
• Develops and maintains knowledge of industry laws and regulations.
• Proficiency in interpreting competitive data and industry trends.
• Strong analytical skills with the ability to use data to inform decisions.
• Demonstrated decision-making ability and customer-centric mindset.
• Excellent communication skills and ability to build relationships.
• Position may require occasional travel.

Pay

Salary range: $100,000 – $110,000 per year.

Benefits

• Medical, dental, and vision coverage
• Wellness plans
• Parental leave and adoption assistance
• Tuition reimbursement
• Paid Time Off and paid holidays
• 401(k) plan with company match
• Employee stock purchase plan
• Commuter benefits

Benefits available to full-time employees; eligible part-time employees receive PTO, holidays, 401(k) match, stock purchase plan, and commuter benefits. Excludes seasonal employees and interns.

Note: This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without current or future sponsorship.