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Middle Market

2 weeks ago

Washington, PA, United States The Hanover Insurance Group Full time

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture.

The Hanover's Middle Market team is seeking a seasoned, strategic, and collaborative Middle Market Senior Strategy Analyst to contribute to the development and execution of short- and long-term initiatives that advance the financial objectives of the business unit while aligning with broader organizational goals.

At The Hanover, we are redefining the way work is accomplished. Recognizing the importance of flexibility, this role offers a Hybrid/Flex or Fully Remote work arrangement, providing the balance you need to excel while delivering exceptional results.

Our commitment to inclusion is central to our culture. By fostering, collaboration, accountability, respect, and empowerment, we strive to create an environment where every individual can thrive and make meaningful contributions.

If you are seeking a career that values teamwork, drives efficiency, supports professional growth, and offers the flexibility to harmonize work and life, we invite you to explore opportunities with us. Your ideas matter here, your development matters here, and your voice will help shape the future of our organization.

We believe that diverse perspectives make us stronger, and

we encourage all qualified candidates to apply.

This is a full time, exempt role.

Position Overview: The Sr. Strategy Analyst, Middle Market supports the implementation of short- and long-term strategies that drive the financial objectives of the business unit. This role focuses on coordinating with strategy leadership and team members, preparing data-driven analyses, and contributing to projects that enhance portfolio performance. The Analyst works closely with internal Middle Market teams and cross-functional partners to gather insights, organize information, and deliver clear summaries that inform decision-making. This is a hands-on role requiring strong analytical skills, attention to detail, and the ability to manage multiple tasks across different areas of the business.

In This Role, You Will:

  • Drive Strategic Planning Support: Contribute to the development of actionable plans aligned with strategic direction from leadership. Independently gather and analyze data, identify trends, and prepare research that validates ideas and supports long-term business objectives. Collaborate with subject matter experts across the organization to deliver quantitative insights and synthesize findings for senior leadership review.
  • Perform Financial Analysis: Analyze financial data to support monthly reporting on topline and bottom-line performance. Apply intermediate financial analytics techniques-including forecasting, trend analysis, and variance decomposition-to generate insights and recommendations for senior team members.
  • Support Industry Strategy Development: Provide analytical support to the industry team across general and specialized segments. Conduct structured industry research, perform trend and competitive analysis, and prepare actionable summaries that inform strategic decisions. Ensure accuracy and relevance of insights through close collaboration with Middle Market Strategy and industry specialists. Provide thought partnership to subject matters experts as an outside perspective on industry trends
  • Analyze Geographic Market Dynamics: Lead research efforts on regional market trends to identify growth opportunities and portfolio risks. Partner with field underwriting leadership and strategy team members to produce data-driven reports that inform local initiatives and regional operating models. Interpret market signals and competitive indicators to support strategic planning.
  • Apply Moderate Knowledge of Actuarial and Data Science Concepts: Demonstrate growing proficiency in actuarial principles and data science methodologies as they relate to pricing, portfolio performance, and strategic decision-making. Understand how complex models and outputs influence business outcomes and collaborate with technical experts to refine insights.
  • Support Strategic Initiative Execution: Assist strategy leadership in identifying and executing annual priorities to improve the middle market portfolio. Take ownership of tracking initiative progress, maintaining documentation, and coordinating across teams to ensure timely delivery and alignment with strategic goals.
  • Communicate Analytical Insights Effectively: Translate complex analytical concepts into clear, concise communications. Prepare and deliver presentations on key trends, initiative progress, and strategic recommendations to broader Middle Market leadership. Demonstrate strong written communication skills and developing executive presence.
What You Need To Apply:
  • Bachelor's degree or equivalent experience. Professional designations preferred
  • 4+ years of professional work experience with time in both the insurance industry and data/ analytics roles
  • Solid analytical skills with proficiency in Microsoft Excel for data organization and basic analysis; willingness to learn advanced functions over time.
  • Familiarity with SQL concepts and an interest in developing query-writing skills.
  • Strong written and verbal communication skills; ability to create clear, concise presentations in PowerPoint.
  • General understanding of the commercial insurance industry; exposure to Middle Market is a plus but not required.
  • Strong organizational skills with the ability to prioritize tasks and meet deadlines.
  • Collaborative mindset with the ability to work effectively with team members and build relationships across departments.
  • Eagerness to learn and grow; proactive attitude with a desire to develop new skills and contribute to team success.
CAREER DEVELOPMENT:

It's not just a job, it's a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you - at every level - to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you'll enjoy what you do and have the support you need to succeed.

Benefits include:
  • Medical, dental, vision, life, and disability insurance
  • 401K with a company match
  • Tuition reimbursement
  • PTO
  • Company paid holidays
  • Flexible work arrangements
  • Cultural Awareness Day in support of IDE
  • On-site medical/wellness center (Worcester only)
  • Click here for the full list of Benefits

EEO statement:

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law."

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at:HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:

To view our privacy policy and online privacy statement, click here.

Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here

Compensation:

The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.