Personal Lines Product Analyst
Personal Lines Product Analyst
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Salary Not Disclosed
1 Vacancy
Job Description
Job Title: Personal Lines Product Analyst
Location: Bloomington IL US
Work Type: Hybrid (3 days inoffice 2 days remote)
Employment Type: Permanent
Salary Range: As per Exp.
Additional Compensation: Eligible for a 5.5% bonus (not guaranteed typically awarded in March)
As a Personal Lines Product Analyst at Client you will play a critical role in driving datadriven decisions and enhancing product insights for our Personal Lines Market Management team. Reporting to the Personal Lines Product Analytics Supervisor you will leverage advanced analytics and competitive tools to support local markets optimize product performance and identify new opportunities to improve our business.
This position is based out of our corporate offices in Bloomington IL and follows a hybrid work schedule.
Key Responsibilities-
Product Insights & Analytics:
- Drive the development of new products and manage enhancements to existing products.
- Analyze premium rates loss experience and retention to ensure profitability and growth.
- Monitor changes in business mix for assigned states and identify underlying causes.
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Market Strategy Development:
- Collaborate with marketing to craft profit and growth strategies for assigned states.
- Conduct competitive research on market positioning rates and service levels.
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Implementation & Coordination:
- Work with IT to implement rate revisions new products and other initiatives.
- Build relationships with internal departments including Accounting Actuarial Claims and Customer Service.
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Data & Forecasting:
- Use tools such as SQL Power BI or Python to analyze data and create forecasting models.
- Advance automation and reporting processes incorporating machine learning to identify trends.
- A strong curiosity and passion for learning new concepts and tools.
- Proficiency with data tools such as SQL Power BI or Python.
- Excellent communication and organizational skills.
- Knowledge of personal lines insurance or life insurance products.
- Experience with modeling forecasting or advanced analytics.
At Client we empower nearly one million households with insurance products and retirement solutions. Our culture emphasizes collaboration growth and making a difference in our clients lives and communities.
The Personal Lines Market Management team is at the forefront of data innovation delivering advanced analytics and competitive insights that are transforming our decisionmaking processes. Upcoming projects include implementing machine learning to enhance trend identification.
Employee Benefits Include:
- Comprehensive insurance (medical dental vision disability life).
- 401(k) with company match.
- Paid time off parental leave and company holidays.
- Paid time for community volunteering.
Employment Type
Full Time
