FBS BI Associate Product Analyst - Remote Eligible

Commercial Auto And Workers Compensation Line Management

Our client is one of the United States' largest insurers, providing a wide range of insurance and financial services products with gross written premium well over US$25 billion (P&C). They proudly serve more than 10 million U.S. households with more than 19 million individual policies across all 50 states through the efforts of over 48,000 exclusive and independent agents and nearly 18,500 employees. Finally, our client is part of one of the largest insurance groups in the world.

Team Function: Commercial Auto and Workers Compensation Line Management is responsible for the profit and loss of each of the line of business. It involves managing the overall countrywide rate strategy for the line, monitoring and identifying opportunities to improve the pricing and segmentation of the product, and partnering with State Product, Underwriting, Actuarial, and Sales to achieve profitable growth in the line of business.

Role Description: This includes analyzing the market, creating strategies, and managing the product rate. Responsibilities:

• Market analysis: Identify opportunities for new products and enhancements to existing products
• Strategy development: Create strategies to meet business goals and competitive positioning
• Competitive Intelligence: Understand how competitors price and manage their business
• Product management: Manage the post implementation product lifecycle, including pricing, underwriting, and distribution to help improve product effectiveness
• Compliance: Ensure all products meet state-specific compliance requirements
• Forecasting: Analyze and prepare forecasts of product premium growth
• Collaboration: Work with sales, underwriting, actuarial and service to meet product goals

This role will require an understanding of data analytics including working with SAS, SQL, Snowflake and PowerBI.