(Sr) Product Analyst

4 weeks ago

Boston, United States eFinancialCareers Full time

Job Title: Senior Product Analyst - Personal Lines

Location: Boston, MA (Hybrid)

About the Company: Our client is a prominent player in the Property & Casualty insurance industry, known for its innovative approach and commitment to delivering exceptional personal lines insurance solutions. They are seeking a skilled (Senior)Product Analyst to join their dynamic team in Boston, MA. This role offers a hybrid work arrangement, combining the flexibility of remote work with the collaborative environment of the office.

Job Overview: As a Product Analyst, you will play a crucial role in driving the development, enhancement, and performance of our client's personal lines insurance products. You will collaborate with cross-functional teams to analyze market trends, evaluate product performance, and provide actionable insights to optimize product offerings and strategies.

Key Responsibilities:

  • Product Analysis and Strategy: Conduct in-depth analysis of personal lines products, including market trends, competitive landscape, and customer feedback. Develop strategies to enhance product offerings and identify growth opportunities.

  • Data Management: Utilize data analytics tools to gather, interpret, and present data related to product performance, customer behavior, and market trends. Develop and maintain comprehensive reports and dashboards.

  • Product Development: Collaborate with product managers and development teams to define product requirements, create business cases, and support the product development lifecycle. Provide insights to guide product design and feature enhancements.

  • Market Research: Perform market research to identify emerging trends, customer needs, and competitive threats. Use research findings to recommend product improvements and innovations.

  • Stakeholder Collaboration: Work closely with internal stakeholders, including underwriting, pricing, and marketing teams, to ensure alignment on product strategy and execution. Present findings and recommendations to senior leadership.

  • Performance Monitoring: Monitor key performance indicators (KPIs) and track product performance against benchmarks. Identify areas for improvement and propose data-driven solutions.

Qualifications:

  • Education: Bachelor's degree in Business, Finance, Economics, or a related field. Advanced degree or relevant certification (e.g., CFA, CPCU) is a plus.

  • Experience: Minimum of 2 years of experience in product analysis, preferably within the personal lines insurance sector. Proven track record of working with insurance products and understanding of the P&C insurance industry.

  • Technical Skills: Proficiency in data analysis tools (e.g., Excel, SQL, Tableau) and experience with product management software. Strong analytical and problem-solving skills.

  • Communication: Excellent verbal and written communication skills, with the ability to present complex information in a clear and actionable manner.

  • Collaboration: Demonstrated ability to work effectively in a cross-functional team environment. Strong interpersonal skills and the ability to build relationships with stakeholders at all levels.

  • Problem-Solving: Strong critical thinking and problem-solving abilities, with a proactive approach to identifying and addressing challenges.

Why Join Us:

  • Impactful Work: Contribute to the success of a leading insurance carrier and make a tangible impact on personal lines products.

  • Career Growth: Opportunity for professional development and career advancement within a forward-thinking organization.

  • Hybrid Flexibility: Enjoy a hybrid work arrangement that balances remote work with in-office collaboration.

  • Competitive Compensation: Attractive salary and benefits package, including health, dental, and retirement plans.

How to Apply:

If you are a motivated and experienced Senior Product Analyst with a passion for personal lines insurance, we encourage you to apply. Please submit your resume and a cover letter detailing your relevant experience and qualifications.

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