P&C Product Analyst
- Employer
- People's Trust Insurance
- Location
- Deerfield Beach, Florida
- Salary
- Salary, Bonus and Comprehensive Benefit Package
- Posted
- Apr 25, 2018
- Closes
- Jun 24, 2018
- Ref
- P&C Product Analyst
- Category
- Actuary, Risk Management, Underwriting
- Job Type
- Full Time
- Career Level
- Experienced (Non-Manager)
SUMMARY: The Product Analyst is responsible for conducting research and analysis, assisting in the development of new insurance products, maintenance of existing products including rates, rules, and forms, and coordinating implementation of product changes with the Application Development Department. The Product Analyst assists with rate, rule and form filing projects. Daily activities include, but are not limited to, filing research, competitor review and rate analysis, and development of system change requirements.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Assist in defining, developing, and implementing new products and product enhancements by collaborating with cross-functional teams of the business.
- Track and monitor key competitor rate, rule and form filings and communicate key changes to management.
- Maintain a library of up-to-date approved policy manuals on key competitors.
- Conduct competitor pricing analysis in support of efforts to introduce new products or product changes.
- Update, enhance, and troubleshoot Microsoft Excel rating engines for all products.
- Assist in researching policy language and suggesting changes to current policy language.
- Create and update competitor coverage and form comparisons.
- Construct, review and edit forms as requested by the Product Manager.
- Maintain a product database, which contains policy forms, manuals, and training material.
- Develop detailed system requirement specifications including mockups and workflows.
- Assist the Applications Development Team in quality analysis of planned releases.
- Performs other duties as may be assigned.
QUALIFICATIONS AND EXPERIENCE
- A Bachelor's or advanced degree preferably with an emphasis in Statistics, Mathematics or related quantitative discipline.
- Knowledge of the insurance industry or prior implementation experience on an insurance related project, with a strong preference for homeowner products.
- Broad understanding of P & C Insurance practices.
- Capacity to adapt to a changing environment and proven ability to juggle multiple projects at a time, while maintaining attention to detail.
- Must have experience and strong skills in problem solving and statistical analysis.
- Advanced Microsoft Excel skills including formulas and pivot tables.
- Experience with macros a plus.
- Working knowledge of SQL or similar relational database language a plus.
- Excellent working knowledge of Microsoft Word, PowerPoint and Adobe Acrobat.
- Experience with Moqups or other prototype creator software a plus.
- Ability to work independently and within a team environment.
- Ability to adhere to all relevant laws and regulations.
- Availability to work extended hours if necessary.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.