Assurant

Property & Casualty Product Analyst

Assurant$64K — $108K *
US-Anywhere
+ 2 other locationsRemote
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of 2 years in a Homeowners or Condo insurance Product Analyst role.
  • Bachelor's degree or equivalent work experience required.
  • Strong planning, organizational, and analytical skills.
  • Proficiency in Microsoft Word and Excel.

Responsibilities

  • Ensure integrity of existing products by participating in product enhancement projects.
  • Research market opportunities to generate new product ideas.
  • Define and develop new product features based on customer needs.
  • Create and manage documents in compliance with organizational requirements.
  • Audit form databases to maintain version control and eliminate redundancies.
  • Identify process improvement opportunities and implement best practices.
  • Develop quality standards and policy language for new products.

Benefits

  • Flexible work arrangements including remote options.
  • Professional development opportunities through workshops and networking.
  • Collaborative team environment that values input and innovation.
Full Job Description
The Product Analyst will support the Homeowners and Condo (HO3 and HO6) Forms and Compliance team by designing, reviewing, and optimizing organizational documents and data collection tools while ensuring strict adherence to industry regulations, federal/state laws, and internal guidelines. This includes evaluating new products, endorsements, and services within the product pipeline. Under general supervision and according to established guidelines, utilize strategic analysis of market trends and business opportunities to develop and implement new products, as well as maintain current products, that lead to growth and profits consistent with the Company's future strategic plan.

As the Product Analyst, you will be required to have a team player mentality. In addition, strong communication, project management, research, organizational, and analytical problem-solving skills are essential.

What will be my duties and responsibilities in this job?
  • Ensure integrity of existing products by serving as a team member on channel-driven product enhancement projects.
  • Assist in researching business ideas, market opportunities, or trends that lead to new product ideas. Assist in an effort to analyze the financial potential of new product ideas.
  • Define and develop new product features and market positioning based on customer need and competitive environment.
  • Create, update, and manage paper and electronic documents based on organizational requirements.
  • Audit existing form databases to eliminate redundancies and maintain version controls.
  • Identify opportunities for process improvements and contribute to implementing best practices within the team.
  • Develop quality standards, administration, and policy language for new products.
  • Develop and present business plans and justification for new business opportunities/new products.
  • Collaborate with internal teams for effective implementation of new and revised products.
  • Analyze testing of new products and existing product enhancements to ensure the product maintains positioning and profitability.
  • Keep up with the latest industry and consumer trends by attending educational workshops, reviewing professional publications, Internet research, establishing personal networks, and/or participating in professional societies.
  • Provide new thought direction and expertise to channels and client teams by attending brainstorming sessions for marketing, product enhancements or new product ideas.
  • Assist the client teams by attending client presentations as product experts when necessary.
  • Assist with internal and external compliance inquiries from research to implementation.
  • Other support and duties as assigned
  • Identify procedural compliance gaps and recommend clear solutions to management.


What are the requirements needed for this position?
  • A minimum of 2 years of experience in an Homeowners or Condo insurance Product Analyst capacity.
  • Level of knowledge ordinarily acquired through completion of a bachelor's degree or equivalent work experience.
  • Strong planning, organizational, and analyzing skills.
  • Proven proficiency utilizing Microsoft Word and Excel.


What other skills/experience would be helpful to have?
  • Bachelor's, master's degree or P&C Insurance Institute Designation i.e.. AINS, CPCU, ARM, etc. or license.
  • Must have some understanding of the Property Casualty Insurance Industry, such as coverages and products.
  • 3 years of working in the Property & Casualty insurance industry.
  • Project management skills.
  • In-depth analytical skills, including Excel software.
  • Ability to analyze rates and policy language.
  • Strong decision-making ability.


#LIRemote

Pay Range:
$64,900.00 - $108,200.00

Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.

If there is no posting end date listed then this is a pipeline requisition, and we will continue to collect applications on an ongoing basis.

About Assurant

The Warranty Group is the world’s premier provider of extended service plans and related benefits, with operations in 33 countries and 1800 employees. We have $5 billion in assets with almost $2 billion in revenues (2010). Our wholly-owned subsidiary, Virginia Surety Company, Inc., is rated "A-" Excellent by AM Best Company, as is our UK based company, London General Insurance. By providing underwriting, claims administration and marketing expertise, The Warranty Group is a global single-source solution for manufacturers, distributors and retailers of consumer goods including autos, homes, consumer electronics, medical devices, furniture and appliances as well as financial institutions. We partner with our clients to drive revenue through customer acquisition and retention, while providing financial modeling and regulatory services. The Warranty Group is a unit of Onex Corporation (TSX:OCX), one of Canada's largest publicly-held companies with assets of $40 billion, revenues of $35 billion, and 212,000 employees worldwide(2011).

Assurant Careers

Joining Assurant means becoming part of a team that is committed to supporting your career growth and innovation in the insurance sector. As a global provider of risk management solutions, Assurant is where professional aspirations meet opportunities for real impact.

Work You’ll Do

At Assurant, you’ll be part of a culture that cherishes diversity and is grounded in our commitment to helping you thrive. We offer a variety of job opportunities that allow you to bring your whole self to work every day. From entry-level positions to leadership roles, Assurant is keen on hiring top talent to drive our mission forward.

Explore Our Job Opportunities

Whether you're looking for a full-time position or an internship, Assurant provides a platform to enhance your skills and push the boundaries of what's possible. With a focus on innovation and leadership, our team is constantly looking for ways to foster growth and improve our services.

Professional Growth and Development

Assurant is dedicated to your professional development. We provide comprehensive benefits and diversity training that ensure you have the tools needed for success. Our leadership programs are designed to cultivate your skills and help you ascend in your career through a variety of learning and networking opportunities.

Join Our Team

Assurant is not just a company; it's a community. We are committed to building a team that reflects our values of respect and inclusivity. Our hiring process is straightforward and respectful, designed to assess your skills and ensure a good fit for both parties. Prepare your resume, ace the interview, and join a team that’s ready to support you from day one.

Innovation at Assurant

At the heart of Assurant’s operations is a drive for innovation. Our employees are encouraged to think big and work together to solve challenges. This collaborative environment is ideal for those who are solution-driven and eager to make an impact in the industry.

Stay Connected

Discover more about the exciting career opportunities at Assurant by visiting our Jobs and Careers page. Stay up to date with the latest company news, and don’t miss out on the chance to become part of a leading global provider in risk management solutions.

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Learn more about Assurant
Size
15,600 employees
Market Cap
$6.4 billion
Industry
Net Income
$441.8 million
Founded
1892
5 Year Trend
+6.2%
Revenue
$10 billion
NASDAQ

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