Personal Lines Product Analyst/ Hybrid
Personal Lines Product Analyst
Location: Hybrid – Bloomington, IL 61701(3 days in office, 2 days remote)
Salary: $65,000 – $90,000 / year
Req ID: 240311
Industry: Insurance
Employment Type: Full-Time
Job Description
As a Personal Lines Product Analyst, you will be a key contributor to the Personal Lines Market Management team, reporting to the Personal Lines Product Analytics Supervisor. This role focuses on advancing product analytics and providing data-driven tactical support to local markets. Your efforts will help shape the future of Personal Lines insurance by improving insights and driving new tools and competitive strategies.
Key Responsibilities:
- Develop and manage products by analyzing premium rates, loss experience, and retention to ensure production and profitability goals.
- Collaborate with marketing and other departments to design state-specific business strategies for profit and growth.
- Research competitor market positions, financial dynamics, and new technologies to identify and act on opportunities.
- Coordinate with IT and other teams for the implementation of rate revisions, product features, and related initiatives.
- Provide detailed reporting and insights for product management and enhancement.
Qualifications:
Must-Have Skills:
- Strong knowledge of personal lines insurance products and processes.
- Proficiency in SQL and relational databases.
- Experience with forecasting, modeling, and analytics tools (e.g., Power BI, Python).
- Excellent organizational and communication skills.
- Minimum 2 years of relevant experience or a combination of related education, training, and experience.
Nice-to-Have Skills:
- Knowledge of life insurance products.
- Hands-on experience with modeling, forecasting, and trend identification.
Why Join Us?
You’ll join a dynamic team dedicated to data-driven innovation and growth. The company fosters a collaborative culture, offering career development opportunities across various roles. Employees enjoy comprehensive benefits, including:
- Medical, dental, vision, and life insurance.
- 401(k) with company match.
- Paid parental leave and time off.
- Opportunities for volunteering and professional growth.
Exciting Projects:
Be part of cutting-edge projects involving automation and machine learning, enhancing reporting tools to identify trends and deliver actionable insights.
Additional Details:
- This position does not include sponsorship for employment-based visas.
- A bonus potential of up to 5.5% may be offered, subject to performance.
Work Environment:
This role follows a hybrid work model: 3 days in the Bloomington, IL office and 2 days remote.
Tags:
#ProductAnalyst #Insurance #PersonalLines #BloomingtonIL #SQL #Python #PowerBI #HybridWork