Insurance Product Analyst, New Product Development (Flex Home/Office)

Homesite
paid time off, paid holidays, 401(k)
United States, Colorado, Denver
Jan 21, 2025
As the Product Analyst you will use your proactive and strategic thinking skills. You will manage the technical aspects ofPersonal Lines Insuranceproduct development and contribute to the broader enterprise strategy through informed insights.You will focus on developing new or enhancedinsurance products that improve the Homeowners line of business using contract language, underwriting rules/guidelines, system/platform, automation and use of pricing/predictive analytics. You will identify potential markets, create strategic plans for market entry, manage theproduct development lifecycle, and improve insurance products to increase profitability, increase growth and improve customer experience. We ask that you have a high level of analytical skill, generating insights and creating cost benefit analysis using performance metrics, customer feedback, market trends, and competitor activities. After implementation, you will monitor performance, including customer and agent satisfaction and financial benefits realization. You will report to Senior Manager, Product. Position Compensation Range: $68,000.00 - $113,000.00 Pay Rate Type: Salary Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates. Primary Accountabilities Provide information to leadership/management that will affect profit and growth plan execution on an ongoing basis. Develop reports, analysis, or recommended strategies related to product development or enhancement, product language, underwriting guidelines, processes, and agent business practices. Analyze information and presents opportunities to improve product or business practices and procedures. Monitor effectiveness of current products and recommends changes and/or enhancements to management. Analyze information and/or data in support of the formulation and execution of operational plans. May specialize in supporting pricing activities related to rate reviews, profit and loss ratio-based reviews, experience rating programs. Research philosophies and strategies that support growth and long-term profitability goals. Specialized Knowledge & Skills Requirements Demonstrated experience providing customer-driven solutions, support or service. Demonstrated experience with various PC software applications and Microsoft Office products. Solid knowledge and understanding of Homeowner's insurance product design and underwriting concepts in area of expertise. Solid knowledge and understanding of market research and marketplace trends in insurance coverage. Basic knowledge and understanding of project management methodologies, practices, techniques and tools. Licenses Not applicable. Travel Requirements Up to 10%. Physical Requirements Work that primarily involves sitting/standing. Working Conditions Not applicable. In this flex office/home role, you will be expected to work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034; Eden Prairie, MN. #LI-Hybrid Internals are encouraged to apply regardless of location. We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply! We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits. We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. #LI-AB1