Senior Product Analyst (E&S)

About the role.

The Senior Product Analyst is a key member of the Product Management team reporting to the VP, E&S Product Management. We are seeking a talented analyst with Property & Casualty experience (required) in quantitative skills including an analytic background to assist in the development of new states and products and the management of the existing business in support of our growth and profit objectives.

This is a hybrid position. The ideal candidate will be located near our Chicago office, and will plan to work in-office at least 2-3 times a week.

What you’ll do.

• Development of comprehensive state and product strategies to drive the growth while achieving target underwriting margin, managing portfolio thresholds and managing carrier partner expectations. Implementation of analysis and monitoring of performance to ensure progress towards strategic objectives.
• Implementation of new products; maintenance and enhancement of existing products. Management of the rate review process, including the proposal and implementation of all pricing and product changes. 
• Engage a network of reliable, efficient working relationships with other departments including zonal product, product development, underwriting, claims, service, marketing, communications and other areas that support the business to monitor market dynamics and lead efforts to make changes to business offerings and processes.
• Attempt to resolve roadblocks while achieving state level objectives.
• Create concise proposals to communicate recommendations to stakeholders.
• Mentor/manager to junior analysts.
• Monitor competitor activities and provide field partners with insights with the ability to ascertain relevant items in a timely manner.
• Conduct original analysis to uncover trends across loss performance and competitive intelligence.
• Stay on top of compliance issues at the state level.

What we’re looking for.

• 3+ years of relevant, analytical experience
• Property & Casualty Insurance experience required; background in High Net Worth P&C Insurance and/or Excess and Surplus Lines is a plus
• Deep knowledge of the North American P&C industry, competitors, insurance product pricing, financial drivers of profitability; comprehensive understanding of legislative and Department of Insurance regulations.
• Excellent analytical, quantitative and problem-solving skills and strong attention to detail
• A minimum of a Bachelor’s degree is strongly preferred, ideally in an analytical field of study such as Economics, Finance, Math, Statistics or Actuarial Science
• Versed in the Actuarial ratemaking process
• Excellent Excel skills
• Ability to organize and transform large datasets to stand up analytical exercises
• Ability to write and update SQL queries a plus
• Well-developed oral and written communication skills; comfortable speaking in front of large and small groups
• Consultative leadership style; strong organizational skills, problem solving and analytical skills
• Good interpersonal skills and the ability to work well in a team environment

The base salary for this role can range from $70K - $85K, based on a full-time work schedule. An individual’s ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience.