Senior Product Analyst

About the role

National Interstate is seeking a Senior Product Analyst to join their dynamic team. This position is based in a hybrid schedule out of the Richfield office, with core in-office days being Tuesday–Thursday, and the fourth day determined by business needs.

Responsibilities

• Leads the development of innovative products and solutions to drive premium volume growth and maintain competitiveness and profitability of the product portfolio.
• Leads comprehensive market research to identify trends, opportunities, and competitive landscape.
• Collaborates with underwriting, actuarial, and claims teams to design innovative insurance solutions and develop product specifications, pricing strategies, and policy language.
• Analyzes and interprets market data and customer feedback to identify opportunities for product enhancements and improvements and new product development.
• Develops and oversees the execution of strategic product roadmaps to align with business objectives, incorporating detailed SWOT analyses to assess product viability and strategic positioning.
• Drives the development and revision of product offerings, including rate adjustments, underwriting guidelines, and operational procedures.
• Promotes successful product launches and ongoing product support through partnerships with marketing, business development, and insurance operations teams.
• Develops and delivers training programs regarding new products and product changes to internal teams and external agents.
• Stays updated on industry trends, regulatory updates, and market shifts to ensure the product strategy remains forward-thinking and competitive.
• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.

Requirements

• Education: Bachelor’s Degree in Business, Economics, Statistics, or a related field.
• Experience: Generally, a minimum of 13 years of related underwriting or product experience. Completion of or continuing progress toward a professional designation preferred, including Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), Certified Licensing Professional (CLP) or other applicable designations.

Qualifications

• Advanced technical knowledge of insurance products and lines of business.
• Demonstrates expert knowledge and understanding of industry laws and regulations.
• Expert-level proficiency in interpreting competitive data and industry trends.
• Advanced analytical skills with the ability to use data to inform decisions.
• Demonstrated decision-making ability and customer-centric mindset.
• Demonstrates excellent communication and relationship building skills.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to manage multiple projects simultaneously.
• Proficiency in Microsoft Office Suite.

Benefits

We offer competitive benefits packages for full-time and part-time employees. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits. Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process.

Learn more at http://www.gaig.com/careers.