Product Development Analyst

MSIG Holdings USA, Inc.

$100K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in the Product Development process for proprietary and bureau lines.
  • Working knowledge of commercial insurance vendor software platforms.
  • Strong understanding of various commercial insurance products, including property and casualty.
  • Ability to analyze policy forms and effectively translate them for system requirements.
  • Excellent written and verbal communication skills, capable of teamwork and independent work.
  • Strong critical thinking and problem-solving skills.

Responsibilities

  • Gather and translate business needs into system requirements for commercial insurance applications.
  • Analyze business processes to identify improvement opportunities within the insurance domain.
  • Collaborate with development teams to design system requirements for core functionality.
  • Develop detailed and structured documentation of system requirements.
  • Act as a liaison between business users and technical teams to align system requirements with business and technical needs.
  • Work with QA teams to validate that system requirements are implemented correctly.
  • Support project development by assisting with prioritization and problem resolution related to requirements.
  • Assess risks associated with system changes and develop mitigation strategies.

Benefits

  • Healthcare, dental, and vision coverage
  • 401(k) plan with employer match and profit-sharing
  • Wellness incentive program
  • Life and AD&D insurance
  • Flexible spending programs
  • Short-term and long-term disability insurance
  • Paid time off, including parental and charitable leave
  • Tuition reimbursement program
  • Personal insurance discounts for auto and homeowners
Full Job Description
We are seeking an experienced and highly motivated Commercial Insurance Product Analyst to join our team. In this role, you will be responsible for gathering, analyzing, and delivering form, rate and rule requirements for commercial insurance applications. You will work closely with stakeholders, including business leaders, product managers, operations, developers, and end-users, to ensure that all requirements are well-defined and aligned with business objectives. This role requires a strong understanding of commercial insurance products and the ability to translate business needs into clear specifications.

Key Responsibilities
  • Requirements Gathering: Collaborate with key stakeholders to capture business needs and translate them into system requirements for commercial insurance applications.
  • Business Analysis: Analyze business processes and identify opportunities for automation and system improvements within the commercial insurance domain.
  • System Design: Work with development teams to design and implement system requirements that support core commercial insurance functionality.
  • Documentation: Develop clear, detailed, and structured system requirement documentation.
  • Stakeholder Communication: Act as a liaison between business users and technical teams, ensuring that system requirements meet both business needs and technical constraints.
  • User Acceptance Validation: Collaborate with quality assurance teams to ensure that system requirements are correctly implemented and meet functional and business expectations.
  • Project Support: Provide ongoing support during project development, including assisting with prioritization, resolving requirements-related issues, and ensuring that changes are appropriately documented and tracked.
  • Risk & Impact Assessment: Evaluate potential risks and impacts of system changes and help develop mitigation strategies.


Skills & Qualifications
  • Experience: 5+ years of strong knowledge relating to the end-to-end Product Development process for both proprietary and bureau line of business.
  • Technical Expertise: Working knowledge of commercial insurance vendor software platforms. Proficiency in Microsoft Suite and SharePoint.
  • Insurance Knowledge: Strong understanding of commercial insurance products, including but not limited to property, casualty, workers' compensation, auto, financial lines.
  • Analytical Skills: Ability to analyze policy forms and rules and translate them for system requirement development.
  • Communication and Teamwork: Excellent written and verbal communication skills. Must have the ability to work independently as well as in a team environment.
  • Problem Solving: Strong critical thinking and problem-solving skills, with a focus on delivering effective solutions.


SALARY: The estimated salary range for this position is $100,000.00 - $115,000.00 per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, MSIG USA will consider a candidate's relevant experience, location, and other job-related factors.

Additional Benefits:
  • Healthcare and Retirement Benefits
  • Comprehensive medical, dental, and vision coverage
  • 401(k) with a generous employer match and profit-sharing contribution
  • Wellness incentive program
  • Life and accidental death and dismemberment (AD&D) insurance
  • Flexible spending programs
  • Short-term and long-term disability plans


Additional Benefit Programs
  • Paid time off program
  • Paid charitable leave
  • Paid parental leave
  • Tuition reimbursement program
  • Personal insurance (auto/homeowners) discounts


#Li-REMOTE

Similar Jobs

More Jobs at MSIG Holdings USA, Inc.

More Finance & Insurance Jobs

Find similar Product Development Analyst jobs: