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Product Analyst

4 months ago

New York, New York, United States AXIS Full time
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people.

We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.

This means that we bring our whole selves to work.


All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law.

Accommodation is available upon request for candidates taking part in the selection process.

[Job Title] Product Analyst

How does this role contribute to our collective success?

The ideal candidate will possess outstanding analytical abilities, a meticulous attention to detail, and a deep-seated enthusiasm for the insurance sector.

As an Insurance Product Analyst, you will hold a crucial position in our organization, tasked with the evaluation, development, and enhancement of our insurance products.

Your efforts will directly impact our ability to cater to the evolving needs of our clients and fuel the expansion of our business.


What will you do in this role?

  • Review and prioritize product change requests to support underwriting consistency, product efficacy, and compliance.
  • Analyze requested product changes, identify any issues, think critically about the product change's context and impact to other products.
  • Seek clarifications from appropriate colleagues when needed, provide feedback and recommendations to colleagues on product change system implementation, and develop clear, accurate requirements for product change system implementation with minimal supervision in a timely manner.
  • Conduct testing to ensure product change requirements and system implementation are aligned with business expectations and compliance.
  • Work closely with our technology area (BTS) to confirm and triage reported defects, including determination of whether the product is working as expected in the system or if the system or product requirements requires remediation.
  • Collaborate with stakeholders and team members to ensure that product is accurately reflected in the AXIS Products Site and respective policy issuance system, such as DuckCreek.


You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.


About You:

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.


What you need to have:

  • Bachelor's degree in business, Economics, Mathematics, Statistics, or a related field.
  • Minimum of 2 years of relevant experience in insurance, product management, or analytics.
  • Strong analytical skills with proficiency in data analysis tools such as Excel & Power BI
  • Excellent communication skills with the ability to convey complex concepts to both technical and non-technical audiences.
  • Detail-oriented mindset with a demonstrated ability to manage multiple projects simultaneously.
  • Proven track record of driving results and delivering actionable insights in a fast-paced environment.

What we prefer you to have:

  • Strong research skills in insurance regulation
  • Expertise in Product Studio configuration tool
  • Knowledge of underwriting claims and/or product development functions.
  • Knowledge of insurance principles, products, and regulatory requirements preferred.

Role Factors:
In this role, you will typically be required to:
Embrace the hybrid culture offered at AXIS, you need to be in office 3 days per week.
Much of the work involves using computers for data entry, analysis, and communication. Comfort with prolonged screen time is necessary.

While much of the work may be desk-bound, there might be occasions requiring mobility within the office environment, such as attending meetings or accessing filing systems.


What we offer:
For this position, we currently expect to offer a base salary in the range of 75k-95k (NYC).

Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.

In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensiv