Remote Position
[Remote] Senior Product Analyst -Hybrid/Remote
๐ Remote ยท United States
๐ผ Full-time
Note: The job is a remote job and is open to candidates in USA. National Interstate Insurance Company is hiring a Senior Product Analyst to develop and manage competitive insurance products that support premium growth and portfolio profitability. The role leads market research, product strategy and roadmaps, product design and launches, and training for internal teams and external agents.
Responsibilities
- Leads the development of innovative products and solutions to drive premium volume growth and maintain the competitiveness and profitability of the product portfolio
- Leads comprehensive market research to identify trends, opportunities, and competitive landscape
- Collaborates with underwriting, actuarial, and claims teams to design innovative insurance solutions and develop product specifications, pricing strategies, and policy language
- Analyzes and interprets market data and customer feedback to identify opportunities for product enhancements and improvements and new product development
- Develops and oversees the execution of strategic product roadmaps to align with business objectives, incorporating detailed SWOT analyses to assess product viability and strategic positioning
- Drives the development and revision of product offerings, including rate adjustments, underwriting guidelines, and operational procedures
- Partners closely with marketing, business development, and insurance operations teams to ensure successful product launches and ongoing product support
- Leads the development and delivery of training programs regarding new products and product changes to internal teams and external agents
- Stays updated on industry trends, regulatory updates, and market shifts to ensure the product strategy remains forward-thinking and competitive
- May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports
- Performs other duties as assigned
Skills
- Applicants must be authorized to work in the United States without the need for current or future sponsorship
- Bachelor's Degree in Business, Economics, Statistics, or a related field
- Generally, a minimum of 13 years of related underwriting or product experience
- Advanced technical knowledge of insurance products and lines of business
- Demonstrates expert knowledge and understanding of industry laws and regulations
- Expert-level proficiency in interpreting competitive data and industry trends
- Advanced analytical skills with the ability to use data to inform decisions
- Demonstrated decision-making ability and customer-centric mindset
- Demonstrates excellent communication and relationship building skills
- Experience with Commercial Auto Product, Rating, Drafting Policy Forms & ISO experience
- Completion of or continuing progress toward a professional designation preferred, including Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), Certified Licensing Professional (CLP) or other applicable designations
Benefits
- This individual will either work hybrid from the Richfield, OH office 4 days per week or work fully remote from the USA, if not local to the office.
- For the hybrid arrangement, employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. Core in-office days are TuesdayโThursday, with the fourth day determined by business needs.
- Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement.
- Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.
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