FBS Product Analyst II

Our Client is one of the United States’ largest insurers, providing a wide range of insurance and financial services products with gross written premiums well over US$25 Billion (P&C). They proudly serve more than 10 million U.S. households with more than 19 million individual policies across all 50 states through the efforts of over 48,000 exclusive and independent agents and nearly 18,500 employees. Finally, our Client is part of one the largest Insurance Groups in the world.

Role Description

As a Product Analyst II you will create and manage personal lines insurance programs, assisting in the coordination of all phases of new product introduction and product maintenance.

You will collaborate in building the tools necessary for our Personal Line rate revision (auto, home, umbrella). This involves understanding the Personal Lines products and rating structures, historical rate changes and state-specific information, and also possessing excellent technical skills and attention to detail.

More specifically, you will:

• Maintain contact with State Offices and Personal Lines Marketing to benefit product development activities.
• Analyze, research and create new personal lines insurance products which are likely to be implemented territory-wide.
• Coordinate development and implementation of new personal lines insurance products with other functional departments
• Chair and coordinate meetings where assigned.
• Initiate preparation and publication of procedure bulletins, field bulletins and marketing kits regarding the introduction of new products.
• Follow up regularly with other functional departments, Agents/District Managers, State Offices and Service Centers to verify that new products have been implemented correctly.

Requirements

• 1-3 years of experience in product, pricing or a related field
• Bachelor’s degree in Actuarial, Data Science, Engineering, Finance, Economics, Math, Statistics, Analytics.
• Insurance industry experience (nice to have)
• Fluency in English

Skills

• Excel - Advanced
• Verbal and written communication
• Data/technical
• Analytical

Benefits

This position comes with competitive compensation and benefits package:

1. Competitive salary and performance-based bonuses
2. Comprehensive benefits package
3. Career development and training opportunities
4. Flexible work arrangements (remote and/or office-based)
5. Dynamic and inclusive work culture within a globally renowned group
6. Private Health Insurance
7. Pension Plan
8. Paid Time Off
9. Training & Development