Product Analyst, Commercial Insurance

Summary

MGT Insurance is the first AI-driven neo-insurer focused on evolving commercial P&C insurance for brokers and small business owners. The Product Analyst, Commercial Insurance supports the Sr. Commercial Product Leader across product development, pricing, research, and filing activities, playing a key role in data analysis and cross-functional collaboration.

Responsibilities

• Assist in developing and enhancing commercial P&C products across multiple lines of business
• Support the Sr. Commercial Product Leader in drafting product requirements, preparing product documentation, and coordinating cross-functional workstreams
• Participate in the research, planning, and evaluation of new product initiatives
• Conduct data analysis to support pricing, product design, risk segmentation, and rate adequacy
• Build and maintain analytical models using SQL, Python, R, SAS, or other statistical tools
• Assist in monitoring product performance, including loss trends, underwriting patterns, and competitive benchmarks
• Support the development of rating structures and pricing models for new and existing products
• Assist with state filing activities, including preparing components of filings, compiling exhibits, and supporting responses to regulator questions
• Help maintain organized documentation and filing artifacts for tracking and compliance
• Conduct research on competitor forms, rates, rules, and market trends to inform product decisions
• Support competitive analysis that informs coverage design, pricing, and product positioning
• Work closely with underwriting, actuarial, claims, compliance, and engineering teams to support product implementation and updates
• Assist with product testing and validation during system implementations or upgrades
• Work on projects and initiatives supporting the Sr. Commercial Product Leader across product strategy, enhancement, and modernization efforts
• Help create dashboards, reports, and insights using tools such as Power BI or other visualization platforms
• Support documentation, training materials, and product communications
• Contribute to automation and workflow improvements using AI tools, including OpenAI platforms (a plus)

Skills

• 3+ years of experience in the insurance industry, including roles in underwriting, claims, product, actuarial support, or data analytics
• Hands-on experience with SQL, Python, R, SAS, or similar tools
• Bachelor's degree required, ideally in Business, Math, Statistics, Economics, Finance, Insurance, Data Science, Actuarial Science, or related fields
• Strong analytical and quantitative skills; ability to manipulate and interpret data
• Curiosity and a desire to learn commercial insurance product development
• Excellent problem-solving skills with attention to detail
• Effective communication skills, both written and verbal
• Ability to manage multiple tasks and deadlines in a dynamic, fast-paced environment
• Experience working in an analytical capacity preferred (pricing, analytics, modeling, or quantitative problem-solving)
• Experience with visualization tools (Power BI preferred)
• Experience with insurance product management or product development processes is a plus
• Experience working with AI tools (including OpenAI platforms) is a bonus
• Basic understanding of commercial P&C insurance products, coverage concepts, or rating principles preferred
• Master's degree is a plus
• Insurance certifications (CPCU, AINS, ARM, etc.) are a plus

Qualifications

Must Haves

• 3+ years of experience in the insurance industry, including roles in underwriting, claims, product, actuarial support, or data analytics
• Hands-on experience with SQL, Python, R, SAS, or similar tools
• Bachelor's degree required, ideally in Business, Math, Statistics, Economics, Finance, Insurance, Data Science, Actuarial Science, or related fields
• Strong analytical and quantitative skills; ability to manipulate and interpret data
• Curiosity and a desire to learn commercial insurance product development
• Excellent problem-solving skills with attention to detail
• Effective communication skills, both written and verbal
• Ability to manage multiple tasks and deadlines in a dynamic, fast-paced environment

Nice to Haves

• Experience working in an analytical capacity preferred (pricing, analytics, modeling, or quantitative problem-solving)
• Experience with visualization tools (Power BI preferred)
• Experience with insurance product management or product development processes is a plus
• Experience working with AI tools (including OpenAI platforms) is a bonus
• Basic understanding of commercial P&C insurance products, coverage concepts, or rating principles preferred
• Master's degree is a plus
• Insurance certifications (CPCU, AINS, ARM, etc.) are a plus

Benefits

• Eligibility for bonus
• Equity
• A competitive benefits package