OverviewThis role supports the Underwriting Strategy function by analyzing portfolio performance across Selective's commercial market segments, including Contracting, Manufacturing, Mercantile & Service, Technology, Human Services, Real Estate, and other industry verticals. The analyst translates segment, diversification, competitive, and regional performance data into strategic insights that help inform underwriting and growth priorities
Responsibilities- Monitor and analyze portfolio performance across market segments, including growth, profitability, retention, diversification, and risk quality.
- Identify trends, concentration risks, opportunities, and competitive dynamics that impact our market segments.
- Support quarterly underwriting reviews, countrywide reviews, and strategic planning materials.
- Partner with Market Segment leadership, Product, Actuarial, Claims, Underwriting Practices, and regional teams to develop strategic insights.
- Support diversification strategy, segment monitoring, and execution tracking.
- Analyze external market and industry trends impacting segment performance and strategy.
- Help improve segment-level tools, reporting, and analytical frameworks.
QualificationsKnowledge and RequirementsDemonstrates strong knowledge of commercial market segments, industry verticals, and related underwriting and competitive dynamics, with the ability to analyze portfolio and market data and translate insights into actionable business recommendations. Possesses strong analytical, communication, and cross-functional collaboration skills, along with experience leveraging business intelligence tools to support strategic decision-making. Knowledge of multiple market segments, actuarial concepts, competitive intelligence, distribution performance metrics, diversification strategies, and external market data sources is preferred. Professional insurance designations and experience working across both field and home office environments are a plus.
Education and ExperienceBachelor's degree in Business, Finance, Risk Management, Insurance, Economics, or related field.
5-8 years of commercial P&C insurance experience in underwriting, portfolio analysis, actuarial, analytics, or related roles.
CPCU, ARM, or other relevant professional designations preferred
Total RewardsSelective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.
The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.
Pay RangeUSD $163,000.00 - USD $211,000.00 /Yr.