Product Analyst II

The Product Analyst supports the AVP of Product Enablement by delivering analytical and operational expertise within Enablement initiatives. This role informs product strategy for rating via rating software. At higher levels, Product Analysts lead competitive and market intelligence efforts, helping guide pricing, coverage design, and product positioning to support profitability and growth. Supervisory oversite of external consultant may be necessary.

Roles & Responsibilities:

Pricing, Modeling & Product Development

• Prepare rating engine for limited, full, complex, product reviews, including development of filings, rules, algorithms, and supporting exhibits
• Partner with Predictive Modeling, Actuary, Operations and Product Mangement to determine support and selection for new pricing models
• Apply actuarial concepts, business intent, and proposal materials to evaluate and recommend rating structures
• Develop and maintain countrywide filing support templates for new models and product changes
  
  
  

Performance Analysis & Strategy Support

• Prepare teamplates for analysis of product performance across rate, retention, and loss ratio metrics to identify improvement opportunities
• Produce dashboards and reporting tools to support decision-making by the LOB Lead and Product Manager
  
  
  

Quality & Compliance

• Manage and align rate structure changes across stakeholders prior to release
• Conduct peer reviews to uphold analytical accuracy and documentation quality
• Support audit functions, including data validation and compliance review activities
• Follow PDLC processes and support continuous improvement in workflows and product operations
  
  
  

Required Technical Skills:

• Strong command of Excel (including macros), MS Office Suite applications, and computer systems.
• Knowledge of data gathering and manipulation techniques and tools such as Python, SQL.
• Strong analytical abilities including mathematics and statistical concepts.
• Use Rating Tools for impact, rate structure, quality and market analysis.
  
  
  

Education, Certifications & Designations:

Required:

• Bachelor's degree - Business, Accounting, Finance or similar field
  
  
  

Preferred:

• MBA or similar advanced degree, CPCU and/or FCAS
  
  
  

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

• Two options for your health insurance plan (PPO or High Deductible)
• Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
• Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
• Prescription drug coverage (included in your health insurance plan)
• Short and Long Term Disability coverage
• Vision and dental insurance plans
  
  
  

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
• Eligibility to receive a yearly bonus as a Munich Re employee
• A variety of health and wellness programs provided at no cost
• A hybrid environment that gives you a choice in where and how you get work done
• A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
• An on-site complimentary workout facility as well as walking trails on campus grounds
• On-site wellness center complete with nurse practitioner
• Financial assistance for adoptions and infertility treatment
• Paid time off for eligible family care needs
• Tuition assistance and educational achievement bonuses
• Free parking
• A corporate matching gifts program that further enhances your charitable donation
• Paid time off to volunteer in your community
  
  
  

At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Sometimes we are fortunate enough to receive a high volume of applications. After reviewing all applications, we will contact only the selected candidates to schedule an interview. We are grateful for all candidates and their interest.

Applicants requiring employer sponsorship of a visa will not be considered for this position.