State Management Product Analyst

Posted Yesterday
Be an Early Applicant
2 Locations
In-Office
55K-70K Annually
Entry level
Insurance • Financial Services
The Role
Entry-level product analyst supporting implementation, maintenance, and monitoring of high-net-worth P&C insurance products. Assist with rate reviews, state filings, model development with Actuarial and Data teams, competitor and member research, system requirements, and user acceptance testing. Collaborate cross-functionally with Underwriting, Claims, Marketing, and Sales to deliver product enhancements focused on growth, underwriting margin, and member experience.
Summary Generated by Built In

About the role. 

The State Management Product Analyst is an entry level member of the Product Management team and will be based out of our Chicago, IL or White Plains, NY office. We are seeking an intelligent, data-minded individual with strong quantitative and analytic skills to assist in the successful implementation of high net worth property and casualty (P&C) insurance products and rates in support of our sustainable growth objectives.  

What you’ll do.

  • Support the execution of sustainable growth strategies in states by implementing, maintaining and monitoring the respective P&C insurance products. 

  • Execute rate reviews and workflows with guidance that achieve target growth and underwriting margin objectives with a focus on member experience.  This includes learning to develop rate proposals, state filings for regulatory support, technology specifications, and internal and external communications for all rate and product filings with direction.  

  • Assist in cross-functional collaboration with Underwriting, Claims, Marketing, Field Sales and all other stakeholders to successfully and efficiently deliver enhancements to the product suite

  • Support the collaboration with the Actuarial Pricing, Data & Analytics, and Product Development departments in the development of different models using internal and external data to inform product pricing and risk selection decisions

  • Aid in internal and external research to identify emerging trends, member needs and review competitor offerings to inform product innovation

  • Support with direction drafting system requirements and completing user acceptance testing to ensure rate changes and product implementations are delivered as designed with high level of quality

  • Understand and begin to consider the comprehensive member and broker experiences for any touchpoint in the design of given product

What you'll need.

  • Bachelor’s degree required, preferably in an analytical field of study including but not limited to Economics, Finance, Actuarial Science, Math, Statistics, and Risk Management

  • Proficiency in SQL, Python, and experience working with data warehouses preferred

  • Strong critical and analytical thinking, quantitative and problem-solving skills with the ability to make data-based decisions

  • Experience using software to extract, organize, and analyze data

  • High degree of personal organization, time management skills, and attention to detai.

  • Strong oral and written communication skills 

  • Strong relationship building, collaboration, and influencing skills

  • Demonstrated level of curiosity and a growth mindset

  • Highest level of integrity and honesty

What We Do

We're a member-owned property and casualty insurer designed exclusively for financially successful families and driven by a purpose of doing what is right for our members. We provide exceptional service, hospitality and care, we partner with our members to help prevent losses and we create smart insurance solutions at fair prices.


We aim for our members to love their insurance. It is our mission is to create a membership experience so compelling that ​our members never want to leave.


Who We Are

We want to be transparent about what we expect from each other.  From PURE, you can expect:


Opportunities to stretch and grow: your professional and personal development matters to us. We’re committed to providing experiences through on-the-job learning and professional development that increase your impact and rewards.


Clarity and kindness: you can rely on us to be open, honest and supportive, offering clarity on what success looks like.


Support in good times and bad: we believe in showing up for each other consistently, not only when it’s easy. You can expect a thoughtful partner, even when we disagree.


A community that cares: we are committed to sustaining a community in which each person feels cared for as an individual. We lift each other up, celebrate wins together and support one another through challenges in work and life.


Who You Are

All of the strongest relationships are a partnership- a two way street. So here’s what we ask of you:

  • Aim to bring your best every day: you’re here because you want to be part of a team that makes a real impact and aims high.
  • Be a student and a teacher: share your knowledge and talents and be willing to listen and learn from those around you.
  • Get comfortable being uncomfortable: we face tough moments and obstacles with a “courage over comfort” approach and a positive, solutions-oriented mindset.
  • Be a culture builder:  building a positive culture is everyone's responsibility, based on care, respect and openness to diverse perspectives.
The base salary for this role can range from $55,000 to $70,000 based on a full-time work schedule. An individual’s ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience

Want to Learn More?

  • [Our Values]
  • [Our Benefits]  
  • [Our Community Impact]
  • [Our Leadership]

Skills Required

  • Bachelor's degree (required), preferably in Economics, Finance, Actuarial Science, Math, Statistics, or Risk Management
  • Proficiency in SQL, Python, and experience working with data warehouses
  • Strong critical and analytical thinking, quantitative and problem-solving skills
  • Experience using software to extract, organize, and analyze data
  • High degree of personal organization, time management skills, and attention to detail
  • Strong oral and written communication skills
  • Strong relationship building, collaboration, and influencing skills
  • Demonstrated curiosity and a growth mindset
  • Highest level of integrity and honesty
Am I A Good Fit?
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The Company
HQ: White Plains, NY
1,098 Employees

What We Do

PURE is a specialty property and casualty insurer dedicated to helping a membership of responsible people protect high value homes, jewelry, artwork and other fine assets. We opened for business more than 15 years ago with the goal of offering something different in the insurance space: a company focused on promoting transparency, alignment of interests and doing what’s right. Our focus helps to keep premiums fair and service astonishingly good. After growing at least 15% year over year since inception, we are the most awarded insurer in our category, offering coverage in all 50 states. Today, our membership is made up of more than 100,000 financially successful individuals and families and continues to grow sustainably. #LoveYourInsurance #JoinTheClub

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