Product Analyst – Homeowners Insurance Products

Summary

TRUE Property Insurance is a reciprocal insurer serving homeowners in storm-prone regions across Florida and other coastal markets throughout the United States. The Product Analyst will support product development, pricing, rating, and underwriting for personal property insurance by analyzing data, conducting market research, developing processes and reports, supporting system implementations, and assisting with regulatory filings.

Responsibilities

• Conducts competitive market analysis from multiple sources including distribution channels, customers, vendors, insurance departments and regulatory filings
• Recommends strategies and solutions for improving results and market position by aggregating multiple data sources and performing statistical analysis to support business goals
• Responsible for obtaining, evaluating and communicating information that supports revenue growth and profitability
• Creates and modifies processes and reports to analyze information and aggregate data with a focus on automation and efficiency for repeatability
• Measures and monitors the performance of states, initiatives, and identified segments
• Provides detailed requirements and expertise for system implementation projects including problem identification, solution execution, and testing support
• Prepares technical exhibits for state filings and responds to requests from state insurance regulators to promote the program’s growth and compliance

Skills

• Solid knowledge and understanding of personal Property and Casualty product life cycles, program management rating strategies, and industry trends
• 3+ years of demonstrated experience performing business analysis, developing processes, reporting automation, and designing creative solutions to complex business problems
• Knowledge of common industry vendor data products and their importance in rating and underwriting
• Proven skills in data manipulation tools such as Excel, Python, SQL, and/or R
• MGA, start-up or Insurtech experience is a bonus

Qualifications

Must Haves

• Solid knowledge and understanding of personal Property and Casualty product life cycles, program management rating strategies, and industry trends
• 3+ years of demonstrated experience performing business analysis, developing processes, reporting automation, and designing creative solutions to complex business problems
• Knowledge of common industry vendor data products and their importance in rating and underwriting
• Proven skills in data manipulation tools such as Excel, Python, SQL, and/or R

Nice to Haves

• MGA, start-up or Insurtech experience is a bonus