Product Analyst

At Frontline Insurance, we are on a mission to Make Things Better, and our Product Analyst plays a pivotal role in achieving this vision.  We strive to provide high quality service and proactive solutions to all our customers to ensure that we are making things better for each one. 

What makes us different? At Frontline Insurance, our core values – Integrity, Patriotism, Family, and Creativity – are at the heart of everything we do. We’re committed to making a difference and achieving remarkable things together. If you’re looking for a role, as a Product Analyst, where you can make a meaningful impact and grow your career, your next adventure starts here!

Our Product Analyst enjoys robust benefits: 

• Hybrid work schedule!
  
• Health & Wellness: Company-sponsored Medical, Dental, Vision, Life, and Disability Insurance (Short-Term and Long-Term).
  
• Financial Security: 401k Retirement Plan with a generous 9% match
  
• Work-Life Balance: Four weeks of PTO and Pet Insurance for your furry family members. 

What you can expect as a Product Analyst: 

• Develop/revise product rate/rule manuals and forms as part of state product strategies or state compliance, for filings with Department of Insurance jurisdictions.
• Control all insurance policy forms and maintain Forms Matrix.
• Perform analysis of existing forms and manuals on a regularly scheduled basis for effectiveness.
• Research statutory changes and provide management with requirements.
• Support the negotiations for approval of forms filings with OIR/DOI’s.
• Research and analyze external information sources to provide updated, accurate competitive analysis including rates, guidelines and forms.
• Provide Market Analysis – create and maintain rates and profiles of major competitors. A complete market basket analysis of rate position by territory/zip code on a number of different risk profiles. Keep up to date of competitor filings and rate levels through OIR/SERFF/S&P websites.
• Support department and operations by performing analysis as needed.
• Analyze and report on loss trends, cancellations, retention, attrition, NB production, NB quality, PIF quality and any other ad-hoc requests.
• Provide input on pricing, reserving and risk management strategies.
• Identify and resolve rating discrepancies.
• Process accurate and well documented business requirements for all changes.
• Test changes for accuracy and document discrepancies.
• Follow-up to ensure corrections are made timely and accurately.
• Independently work on supporting new products and features.
• Review and recommend procedure changes. Develop documentation and implementation processes for changes as needed.
• Perform all responsibilities using established quality control procedures and checklists.

What we are looking for as a Product Analyst : 

• Bachelor’s degree from an accredited college or leadership experience is required. Preferably a focus of Accounting, Risk Management, finance, business, or statistics.
• Data Analytics and experience in data extraction and interpretation required.
• Three (3) to five (5) or more years of experience working in Property Casualty field preferred.
• Strong ability to read, analyze, and interpret governmental regulations, technical procedures, insurance business periodicals/circulars, and professional journals.
• Ability to analyze data and develop strategic recommendations.
• Proven knowledge of insurance concepts, insurance contract interpretation & layout, principles and practices preferred.
• Strong analytical tool skills; SQL, PowerBI, Tableau, R preferred. Excellent Excel skills required.
• Excellent oral and written communication skills
• Excellent organizational skills, ability to multi-task and set priorities
• Ability to solve complex problems analytically and work independently
• Ability to do research and work with subject matter experts
• Strong knowledge of the insurance industry, preferably homeowner’s and commercial insurance and interdependent processes between sales, underwriting and claims
• Experience with the Guidewire suite of products is preferred
• Interpersonal skills to work collaboratively with various stakeholders who may have competing interests
• Embraces a continuously evolving breadth of projects and goals
• Desires to contribute concretely to design sessions, analytical discussions and retrospectives
• Takes initiatives and works efficiently while maintaining a focus on the bigger picture
• Manage expectations; prioritize own workload and communicate status
• Dedicates time and interest to learning and improving

Why work for Frontline Insurance? 

At Frontline Insurance, we’re more than just a workplace – we’re a community of innovators, problem solvers, and dedicated professionals committed to our core values: Integrity, Patriotism, Family, and Creativity. We provide a collaborative, inclusive, and growth-oriented work environment where every team member can thrive. 

Frontline Insurance is an equal-opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. 

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