Description

Analyze the performance of the line or book of business, provides product strategy recommendations to divisional and departmental leadership. Evaluate and track competitor products, pricing information and target markets. Research competitor pricing and rating programs providing analysis to the business for pricing enhancements and new products. May specialize in product management and product development accountabilities depending upon business need.

You will report to the Senior Manager, Product.

In this hybrid role, you will be expected to work a minimum of 10 days per month from the office. Candidates should reside within approximately 35-50 miles of one of the following office locations: Madison, WI 53783 or Boston, MA 02110.

Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

#LI-Hybrid

Candidates who require sponsorship will not be considered for this position.

Position Compensation Range:

$88,000.00 - $145,000.00

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Job Description

Responsibilities:

• Analyze the performance of the product lines, agent, or book of business.
• Evaluate profit factors and conduct analysis of performance data to provides product strategy recommendations relating to profit, growth, retention, and overall book of business.
• Develop working relationships with other lines to identify product gaps and opportunities.
• Research and develop concepts for complex enhanced products and services.
• Work with partners in pricing/actuarial and claims to ensure product compliance and financial viability.
• Produce detailed competitive research for commercial lines products using a variety of information sources and tools to support decision-making. Analyze all available data forming conclusions regarding our competitive position in the marketplace. Provide recommendations to leadership to take advantage of product offerings and geographical areas.
• Provide expertise regarding how competitor actions and industry trends influences commercial lines ability to meet corporate and divisional goals. Make recommendations to management regarding operational and product changes that may enhance our competitive position.
• Stay up to date with all rate changes, rating enhancements and program changes by our competitors; research competitor filings, rate and rule manuals to check changes made and their impact on our competitive position. Ensure reporting accuracy explaining drivers and insights relating to competitive position changes.

Requirements:

• Demonstrated working knowledge of SQL (writing queries with joins, aggregations, and filters) to extract and analyze data for business insights.
• Familiarity with the commercial insurance industry, including common products, coverages, underwriting concepts, and key performance metrics.
• Familiarity to use analytics tools (e.g., Looker/BigQuery) to explore data, build dashboards, and deliver applicable insights.
• Experience working in Agile delivery tools (e.g., Jira/Confluence) and collaborating through Microsoft Teams to document work, manage priorities, and communicate progress.
• Demonstrated experience performing complex financial, actuarial or business analysis.
• Experience with customer, business industry, insurance, underwriting guidelines and risk concepts in area of expertise.
• Your offer will be made contingent on the results of applicable background checks and signing a non-disclosure agreement for proprietary information, trade secrets, and inventions.

Travel Requirements:

• Up to 10%.

Additional Information

• Offer to selected candidate will be made contingent on the results of applicable background checks

• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions

• Sponsorship will not be considered for this position unless specified in the posting

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email AskHR@AmFam.com to request a reasonable accommodation.

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