Product Associate

About the role

The ideal candidate will possess outstanding analytical abilities, a meticulous attention to detail, and a deep-seated enthusiasm for the insurance sector. As an Insurance Product Associate, you will hold a crucial position in our organization, tasked with the evaluation, development, and enhancement of our insurance products. Your efforts will directly impact our ability to cater to the evolving needs of our clients and fuel the expansion of our business.

You'll play a vital part in evaluating, developing, and enhancing our insurance products. You may also be required to take on additional duties, responsibilities, and activities appropriate to the nature of this role.

Responsibilities

• Reviewing and prioritizing product change requests to ensure consistency in underwriting, product effectiveness, and compliance.
• Analyzing requested product changes, identifying potential issues, and considering their context and impact on other products.
• Collaborating with colleagues to seek clarification when needed and providing feedback and recommendations on product change implementation.
• Developing clear and accurate requirements for product change system implementation with guidance and supervision.
• Conducting testing to verify that product change requirements align with business expectations and compliance standards.
• Working closely with our technology team to address reported defects and ensure seamless integration of product changes into our systems.
• Collaborating with stakeholders and team members to ensure accurate representation of products in our systems.

Requirements

• Bachelor’s degree from an accredited institution.
• Prior relevant experience in insurance, product management, or analytics.
• Strong analytical skills with proficiency in data analysis tools such as Excel & Power BI.
• Excellent communication skills with the ability to convey complex concepts to both technical and non-technical audiences.
• Detail-oriented mindset with a demonstrated ability to manage multiple projects simultaneously.
• Proven track record of driving results and delivering actionable insights in a fast-paced environment.

Preferred Qualifications

• Strong research skills in insurance regulation.
• Knowledge of underwriting, claims, and/or product development functions.
• Knowledge of insurance principles, products, and regulatory requirements.

Pay

For this position, we expect to offer a base salary in the range of USD $61,000 - $80,000. The specific salary offer will be based on an assessment of a variety of factors, including the experience of the successful candidate and their work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance.

Benefits

• Medical plans for employees and their families.
• Health and wellness programs.
• Retirement plans.
• Tuition reimbursement.
• Paid vacation.