Product Management Analyst II

About the role

Under minimal supervision and guidance, provide product management support to assigned region on pricing, statistical, regulatory and marketing aspects of a given product or state. Responsible for gathering, monitoring, analyzing and interpreting data for assigned product, pricing and marketing areas/business units.

Responsibilities

• Gather, monitor, analyze and interpret data for assigned product, pricing and marketing areas/business units.
• Identify issues and opportunities for enhancements.
• Take a new perspective on existing solutions to resolve complex problems.
• Develop recommendations for effective business solutions.
• Present recommendations for improvements to management.
• Participate in and/or lead portions of projects/processes associated with the implementation of new products, programs, standards and/or procedures.
• Research and analyze industry legislation and maintain up-to-date knowledge of new trends and developments that affect property/casualty insurance products/programs.
• Support business units/processes regarding new trends and developments that affect property/casualty insurance/club products/programs.
• Represent the company with vendors, insurance companies and insurance regulatory bodies/club.
• Act as a resource for less experienced staff.

Requirements

• Education: Bachelor’s degree in Marketing, Finance, Mathematics, Statistics, Actuarial Science, Business Administration or a related field OR a combination of college coursework and equivalent work experience.
• Experience: Using PC software applications: Word, Excel, Access, SAS or Adobe Professional; Taking initiative to seek answers if not readily available; Collaborating with other areas on policy forms review, modification and approval.
• Skills: Demonstrated analytical and problem-solving skills; Plan, organize, gather, analyze and convert data from numerous sources to satisfy reporting requirements and deadlines; Conduct and coordinate quantitative and qualitative market research; Analyze current products to revise/develop new P&C and membership insurance related programs/coverages; Lead initiatives within projects that have multi-functional, multi-divisional, or company-wide impact; Assist in developing strategies for market penetration; Participate in rate making or policy language analysis and decision-making discussions with product manager; Communicate effectively with others in a work environment to include making presentations to various recipients; Represent the department on inter-departmental teams; Serve as a liaison with operations, information systems, claims, corporate functions, underwriting and product managers regarding product, pricing, or marketing responsibilities; Train and assist junior analysts.

Qualifications

• Knowledge: Of regulations, policies and procedures of various state insurance regulatory agencies.

Skills

• Advanced Excel experience using formulas and coding.
• Critical thinking and problem solving.

Benefits

• Compensation: Competitive salary of $72,000 - $80,000 annually with annual bonus potential based on performance.
• Benefits: Comprehensive and flexible benefits package including medical plans with multiple coverage options, prescription drug coverage, dental and vision benefits, Employee Assistance Program (confidential support services), financial protection and insurance, company-paid basic life insurance, optional supplemental life insurance and dependent coverage, short-term and long-term disability coverage, critical illness, accident, and pet insurance options, retirement & savings 401(k) plan to support long-term financial goals, tuition assistance (up to $5,250 annually; 80% covered by ACG), professional certification support with 100% reimbursement for eligible programs, opportunities for career development and advancement, complimentary AAA membership with roadside assistance and travel discounts, adoption assistance program.

Pay

$72,000 - $80,000 annually

Schedule

Monday – Friday, 8am – 5pm