Insurance Product Analyst-Trucking Division

Great American Insurance Group is a leader in the insurance industry, particularly focused on the trucking sector. The Insurance Product Analyst in the Trucking Division will participate in developing new products, conduct market research, collaborate with various teams, and analyze data to enhance product competitiveness and profitability.

What you'll do:

• Participates in developing new products and/or solutions to enhance premium volume growth and ensures the competitiveness and profitability of existing products
• Conducts market research to identify trends, opportunities, and competitive landscape
• Collaborates with underwriting, actuarial, and claims teams to assist in designing innovative insurance solutions and developing product specifications, pricing strategies, and policy language
• Gathers and analyzes data from various sources specific to product
• Monitors product performance
• Provides summary analysis, makes recommendations, and communicates to business units
• Participates in developing and executing product strategies and roadmaps to achieve business goals. Participates in conducting SWOT analysis to evaluate product strengths, weaknesses, opportunities, and threats
• Participates in developing product and rate revisions, underwriting guidelines, manuals, and procedures
• Works with marketing, business development, and insurance operations teams to ensure successful product launches and ongoing product support
• May participate in developing and presenting trainings regarding new products and product changes to internal teams and agents
• Partners with the IT department on prioritization, implementation, and enhancements of operational systems to ensure production capabilities are both effective and efficient
• Performs other duties as assigned

What they're looking for:

• Bachelor's Degree or equivalent experience
• 2+ years of experience in product or related experience
• Strong technical knowledge of insurance products and lines of business
• Develops and maintains knowledge of industry laws and regulations
• Proficiency in interpreting competitive data and industry trends
• Strong analytical skills with the ability to use data to inform decisions
• Demonstrated decision-making ability and customer-centric mindset
• Demonstrates strong communication skills and ability to build relationships
• Position may require occasional travel
• Certification in area of expertise may be required; appropriate certifications could include Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), Certified Licensing Professional (CLP) or other applicable designations

Benefits:

• Medical, dental, and vision coverage
• Wellness plans
• Parental leave
• Adoption assistance
• Tuition reimbursement
• Paid Time Off and paid holidays
• A 401(k) plan with company match
• An employee stock purchase plan
• Commuter benefits