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Senior Product Analyst

Company: Plymouth Rock Assurance
Location: Woodbridge
Posted on: January 16, 2022

Job Description:

Plymouth Rock has been awarded the #1 Large Employer in New Jersey in 2021. We would love for you to join our award winning team!

The Senior Product Analyst contributes to the development of the company's product features, pricing and competitive position. He/she analyzes business issues and provides recommendations for the implementation of new rating plans, underwriting rules, process improvements, and other initiatives to support profitable growth and improve competitive position.

Essential Functions and Responsibilities
Assists Product Manager with review of all product proposals.
Examines the impact of changes in state regulatory environment on the product and business processes and proposes necessary changes.
Designs, reviews, and analyzes monthly and quarterly reports used to manage the company's financial and operational performance, as well as ad hoc analyses as needed.
Analyzes competitive data, identifies trends and opportunities. Recommends areas for enhancement to our product to improve competitive position.
Creates annual loss and premium budgets.
Effectively uses available tools and data systems to identify, test and solve strategic business issues within the company data/reports, troubleshoots when there are inconsistencies and presents findings to management.
Collaborates with other functional areas such as Customer Service, Marketing, Claims, Finance, Information Systems, and Senior Management to assess the potential effects of these changes and incorporates these considerations into the recommendations.
Constructively challenges current processes and proposed solutions to obtain the best outcome.
Serves as a mentor to entry-level analysts
Perform other job-related duties as assigned.

Qualifications and Education
Demonstrated creative problem solving gained through related coursework and practical work experience.
3 or more years in product management, actuarial, or other analytical role.
3 or more years of experience with relational database tools and concepts.
Experience communicating business requirements to both management and technical developers.
BA/BS degree in quantitative field of study; advanced degree preferred.
Property and Casualty Insurance experience preferred. Ability to work independently to lead complex projects and communicate to diverse audiences including technical and non-technical, senior management and fellow analysts.
Ability to make decisions with limited data.
SAS and regression analysis experience.
Extensive programming query experience (SQL or Visual Basic).
Excellent verbal and written communication and presentation skills.
Advanced Microsoft Office skills.

About the Company
The Plymouth Rock Company and its affiliated group of companies write and manage over $1.6 billion in personal and commercial auto and homeowner's insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 1,900 people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation holds an A.M. Best rating of "A-/Excellent".

Keywords: Plymouth Rock Assurance, New York , Senior Product Analyst, Accounting, Auditing , Woodbridge, New York

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