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Product Development Analyst

American Family Insurance Agency Staff
paid time off, paid holidays, 401(k)
United States, Minnesota, Eden Prairie
June 07, 2024
You will provide analysis to help build product strategy recommendations to division and department leadership based on research, performance data and competitor actions. May specialize in researching competitor products, developing and enhancing product/contract language, underwriting guidelines, and analytics. You will report to the Sr. Product Manager.

Position Compensation Range:

$67,000.00 - $111,000.00

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location.

Primary Accountabilities

  • You will provide information to management to affect profit and growth plan execution on an ongoing basis.

  • You will develop reports, analysis, or recommended strategies related to product development, product language, underwriting guidelines, processes, and agent business practices.

  • You will analyzes information and present opportunities to improve product or business procedures.

  • You will monitors effectiveness of current products and recommend changes to management.

  • You will analyze data to support the formulation and execution of operational plans.

  • You will specialize in supporting pricing activities related to rate reviews, profit and loss ratio-based reviews, experience rating programs.

  • You will research philosophies and strategies that support growth and long-term profitability goals.

Specialized Skills Requirements

  • You will demonstrate your experience by providing customer-focused solutions or service.

  • You will demonstrate your experience with multiple PC software applications

  • Experience with insurance product design and underwriting concepts in area of expertise.

  • Experience with market research and marketplace trends in insurance coverage.

  • Experience with project management methodologies, practices, techniques and tools.

In this flex office/home role, you will work 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110; Chicago, IL 60601*; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034; Nashville, TN 37214

We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

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