The Senior Product Analyst will lead the development of the company’s product features, pricing and competitive position. In this role you will create and develop favorable business outcomes through the analysis of complex issues and provide recommendations for the implementation of new rating plans, underwriting rules, process improvements, and other initiatives. This role serves as a liaison between the Product department and all of the other departments that interface with the group.
Responsibilities:
- Be a key member of the team that is accountable for the P&L for assigned state. Responsible for driving the business to achieve budgeted growth and profitability business results.
- Understands predictive modeling and other quantitative concepts and serves as a resource to other Product Analysts in interpreting these concepts for business application.
- Seeks out new ideas and approaches to business issues and develops his/her hypotheses independently.
- Effectively manages projects of high complexity using available tools and data systems to identify, test and solve strategic business issues within the company data/reports, troubleshoots when there are inconsistencies and presents findings to upper management.
- Interfaces with other departments to strategically address their needs as they relate to the product. Reviews documentation, interprets rules, and coordinates activities with marketing, customer service, underwriting, finance, and information technology.
- Serves as a regulatory expert, providing a thorough understanding of our rules and endorsements. Monitors the competitive, legislative, and regulatory environments in assigned states to identify emerging threats to our objectives and recommend plans for responding.
Qualifications:
- Ability to utilize quantitative approaches to generate sound business analyses with detail orientation. Identify results out of the norm, draw conclusions and articulate findings.
- Expert in linking multiple data sources to organize data into a logical format for analysis.
- Confidence in taking ownership of challenging business issues, making decisions with limited or incomplete data and seeing issues through to resolution.
- Experience developing and implementing new, creative and effective solutions to highly complex business issues.
- Understanding of and experience within the insurance industry is required.
- Experience managing relationships with upper management and with technical developers.
- Excellent project management and problem-solving skills.
- Ability to communicate effectively to both technical and non-technical audiences.
- Advanced MS-SQL, Excel and Tableau (or related software) skills preferred.
- 4 or more years in personal lines product management, actuarial, or other analytical role.
- 4 or more years of experience with relational database tools and concepts.
- Masters or higher level degree in Actuarial Science, Mathematics, Economics or related fields preferred.
Salary Range:
The pay range for this position is $81,000 to $115,000 annually. Actual compensation will vary based on multiple factors, including employee knowledge and experience, role scope, business needs, geographical location, and internal equity.
Benefits & Perks:
- Paid time off
- Free onsite gym at our Boston location
- Tuition reimbursement
- Low cost and excellent health insurance coverage options that start on Day 1 (medical, dental, vision)
- Robust health and wellness programs
- Auto and home insurance discounts
- Matching donation opportunities
- Annual 401(k) employer contribution
- Various Paid Family leave options including Paid Parental Leave
- Resources to promote professional development
- Convenient locations and pre-tax commuter benefits
About the Company
The Plymouth Rock Company and its affiliated group of companies write and manage over $2.2 billion in personal and commercial auto and homeowner’s insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 2,000 people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation holds an AM Best rating of “A-/Excellent.”
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What We Do
If you’ve found your way to our LinkedIn page, you’re likely here for one of two reasons: You’re reviewing insurance companies or you’re browsing new career opportunities. Well, you’ve come to the right place. Insurance Customer In its 40 years, Plymouth Rock Assurance has grown to be one of the leading auto and home insurers in the Northeast. With unique features like Crashbusters® mobile claims vans, Door to Door Valet Claim Service®, the Get Home Safe® taxi and rideshare benefit, Road Rewards® and our Home Insurance Quick Quote, we’re committed to delivering our customers “More Than Just Insurance.” To get a free quote, visit plymouthrock.com or talk to a Plymouth Rock agent. Job Seeker We take pride in both the strength and commitment of our Plymouth Rock Assurance team. We actively seek individuals who exhibit friendliness, integrity, loyalty, hard work and the pursuit of excellence. If you’re currently looking for a new employment opportunity, we hope you’ll consider Plymouth Rock. For a full list of job openings, please visit www.plymouthrock.com/about/careers.
