Insurance Product Analyst, New Product Development (hybrid)

American Family Insurance

Madison, WI, US
Base: $69,000.00 - $115,000.00; bonus/equity: annu...
Hybrid (minimum of 10 days per month in the office)
Personal lines insurance product development
Pricing and predictive analytics
Underwriting rules and guidelines
American Family Insurance is seeking an Insurance Product Analyst for New Product Development to enhance their Homeowners insurance line. The hybrid role requires strong analytical skills and knowledge of insurance product development, with a focus on market analysis and profitability

Job Summary

  • The role focuses on developing new or enhanced insurance products to improve the Homeowners line of business using contract language and predictive analytics.
  • Candidates must identify potential markets, create strategic plans for market entry, and manage the product development lifecycle to increase profitability.
  • The position offers comprehensive benefits including medical, dental, vision, a competitive 401(k) contribution, pension plan, and annual incentive.

Matching Summary

Match Score: 85

American Family Insurance is seeking an Insurance Product Analyst for New Product Development to enhance their Homeowners insurance line. The hybrid role requires strong analytical skills and knowledge of insurance product development, with a focus on market analysis and profitability.

Salary

Base: $69,000.00 - $115,000.00; Bonus/Equity: Annual incentive included; Benefits: Medical, dental, vision, 401(k), pension, PTO

Skills & Requirements

Must-have

  • Personal Lines Insurance product development
  • Pricing and predictive analytics
  • Underwriting rules and guidelines
  • Contract language analysis
  • Market entry strategic planning

Nice-to-have

  • Proactive and strategic thinking skills
  • Customer experience improvement focus
  • Agent business practices knowledge
  • Performance metrics generation
  • Cost benefit analysis creation

Key Requirements

  • Solid knowledge of insurance product design and underwriting concepts
  • Experience with Microsoft Office and PC software applications
  • Basic knowledge of project management methodologies
  • Reside within 35-50 miles of specified office locations
  • No visa sponsorship required

Work Rights

Not specified

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