Senior Product Analyst

AmTrust Financial • Boston, MA, United States • $200k - $250k / year • 1m ago

Senior Product Analyst

Requisition ID: 2024-16101
Category: Underwriting
Position Type: Regular Full-Time

Overview

Under Moderate Supervision, builds, analyzes, and interprets data and market insights that drive and support profit and growth strategies for a line of business or segment. The position will provide detailed analysis of production and profit data, competitor behaviors, marketplace dynamics, pricing segmentation, and UW analytics to monitor and understand core drivers of business. Collaborate closely within Product Management and with key partners in the formulation and implementation of key business strategies. This position does not manage others but may act as a Mentor.

Responsibilities

Performs ongoing product management and development including deep dive analyses to assist in the formulation of data and market driven recommendations for product, rule, rate, or underwriting changes.
Handles specialized responsibilities that may involve ownership of one or more specific industries or coverage segments within the product.
Formulate recommendations based on analysis and interpretation of business results, allowing for quick and effective reaction to growth and profit challenges.
Develops a deep understanding of marketplace insights, competitive intelligence, and regulatory issues to inform solutions (product, rate/price, appetite).
Partners with Sales, Underwriting, and Actuarial to understand business needs and feedback. Helps develop strategies based on data and market insights from business partners.
Presents findings of analysis and partners with leaders to assist in strategic overviews to management on a routine basis.
Provides guidance to the development of workflow practices across Product Management that reduce redundancy and establish consistency.

Qualifications

Required:

Bachelor's degree preferably in a discipline requiring critical thinking and analytical skills.
Minimum of 3 years of experience in Personal Lines or Commercial Lines Product (Management or Development), Pricing, and/or Underwriting in a comparable role is required.
Analytical & problem-solving skills, including the ability to encourage new ways of looking at problems, processes, and solutions.
Able to effectively and with minimal supervision conduct competitor analysis & gain an in-depth understanding of market dynamics including competitor underwriting initiatives, rate level analysis, forms analysis, as well as economic trends & emerging issues in the market.
Solution-oriented individual with the ability to think strategically and implement change.
Experience pursuing long-term goals while balancing the short-term needs of the organization.
Advanced knowledge of Excel and Powerpoint. Moderate knowledge of SQL.

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion, or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate, and how we see our future.