The company is looking to solve the problem of managing and developing its commercial product line to meet strategic business unit development objectives and profitability goals.
Requirements
- A working knowledge of both pricing and underwriting practices with a deep expertise in at least one.
- Technical insurance pricing expertise, with the ability to make effective business decision incorporating multiple viewpoints.
- Good understanding of complex, data intensive and highly scalable decision support applications.
- Strong knowledge of business processes and analytical support systems.
- Strong computer skills including MS Office with demonstrated skills in Power Point and Excel including the ability to create, manipulate and formulate spreadsheets.
- Strong analytical skills with ability to draw insight from large amounts of data.
- Strong business acumen with proficiency in application development and data warehousing.
Responsibilities
- Analyze information using data manipulation, correlation, and statistical analysis.
- Perform field research, including customer, distribution, competitor, insurance department and market surveys.
- Identify opportunistic market segments and produce customized product strategies to promote growth via pricing and promotional positioning.
- Prepare internal and external product performance presentations.
- Solicit and capture input from divisional partners concerning performance of product line and how best to optimize opportunities and most effectively execute the implementation.
- Supports the development of proposals for corporate-level strategic profit and growth plans and associated action plans
- Make effective decisions in LOB product development and oversight.
Other
- Bachelor’s degree with an emphasis in Finance, Mathematics, Accounting, Economics, or Statistics.
- 3+ years of Product Management, Underwriting, Marketing or Claims experience.
- 2+ years of insurance analysis experience.
- Ability to effectively communicate with agents, regulators, agency groups, partner departments, and to senior leadership in the organization.
- Self-starter, ability to work well both individually and as part of a team.
