Product Analyst (TEST)

American Modern Insurance Group, Inc., a Munich Re company, is hiring a Product Analyst to support insurance product strategy through pricing, product development, performance analysis, and regulatory initiatives. The role also conducts competitive research, supports product optimization, and helps ensure quality and compliance across product changes.

What you'll do:

• Price and execute limited, full, complex, form, and rule product reviews, including development of filings, rules, algorithms, and supporting exhibits
• Partner with Predictive Modeling to determine support and selection for new pricing models
• Apply actuarial concepts, business intent, and proposal materials to evaluate and recommend rating structures
• Develop and maintain countrywide filing support documentation for new models and product changes
• Create product forms using proposed language and complete marketing materials for approved revisions
• Analyze product performance across rate, retention, and loss ratio metrics to identify improvement opportunities
• Collaborate with Actuarial, Finance, and Underwriting to support performance tracking and product optimization
• Produce dashboards and reporting tools to support decision-making by the LOB Lead and Product Manager
• Conduct state-specific and national competitor research to assess pricing strategies, coverage offerings, form design, and market positioning
• Identify and track emerging trends in underwriting, rate actions, and market shifts to inform product strategy
• Provide strategic recommendations based on market intelligence and competitive benchmarks (Higher-level Product Analysts lead this function and guide related tactical decisions.)
• Manage and align product and underwriting rule changes across stakeholders prior to release

What they're looking for:

• Strong command of Excel (including macros), MS Office Suite applications, and computer systems
• Knowledge of data gathering and manipulation techniques and tools such as Access, SQL
• Strong analytical abilities including mathematics and statistical concepts
• Use of RADAR/Earnix for impact, rate structure, quality and market analysis
• Emerging understanding of generalized insurance products
• Deep understanding of MS Excel, Radar and or Earnix
• Able to run complex analysis large data sets using pivot tables
• All Level Product Analyst I skills & capabilities plus: 2-6 years of insurance product related experience
• Significant understanding of AMIG's and or competitor products giving the candidate a general understanding of broad insurance products
• Ability to lead full life cycle operations of simple to complex product changes with little supervision
• All Level Product Analyst I skills & capabilities plus: 7+ years of Insurance Product related experience
• Deep understanding of AMIG's and or Competitor products with a significant portion of experience related to a specific product class making the candidate a subject matter expert in that product class

Benefits:

• Insurance benefits for employees, their domestic partners, and their children, including two health insurance plan options (PPO or High Deductible)
• Supplemental Life and AD&D plans available for purchase for employees and dependents (spouse/domestic partner and children)
• Voluntary Accident, Critical Illness, and Hospital Indemnity benefit plans
• Prescription drug coverage included in the health insurance plan
• Short and Long Term Disability coverage
• Vision and dental insurance plans
• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded
• Paid time off beginning with 24 days each year, with more days added for milestone service anniversaries
• Eligibility to receive a yearly bonus as a Munich Re employee