What are the responsibilities and job description for the Product Analyst position at Frontline Insurance?
Product Analyst – Drive Innovation and Excellence in Insurance
Are you passionate about insurance and eager to make a significant impact through analysis and strategy? Frontline Insurance is looking for a Product Analyst to join our innovative team. This role offers an exciting opportunity to contribute to our mission of making things better by developing and implementing key insurance products and policies.
About Us
At Frontline Insurance, our core values – Integrity, Patriotism, Family, and Creativity – guide everything we do. We foster a collaborative and growth-oriented environment where every team member can thrive and make a meaningful impact. If you’re ready to be part of a community dedicated to shaping the future of insurance, your next career adventure starts here!
Why You'll Love Working Here:
At Frontline Insurance, we offer a comprehensive benefits package designed to support your overall well-being. Enjoy company-sponsored Medical, Dental, Vision, Life, and Disability insurance (both Short-Term and Long-Term). We also provide Pet Insurance for your furry family members, and four weeks of PTO. Plan for your future with our 401(k) Retirement Plan, where we match 100% for the first 3% you contribute and 200% of the next 3%. Plus, our business casual environment ensures you can feel comfortable while you do your best work.
Position Summary
The Product Analyst will be responsible for creating, updating, and implementing rate and rule manuals, underwriting guidelines, and policy coverage forms. This role involves maintaining competitive analysis, supporting operational departments with data analysis, and ensuring accuracy in form submissions.
Key Responsibilities
- Product Development: Develop and revise product rate/rule manuals and forms, ensuring compliance with state product strategies and regulations.
- Competitive Analysis: Conduct market analysis and maintain competitive profiles, including rates and guidelines of major competitors.
- Data Analysis: Extract, validate, and analyze data to support operational departments. Analyze trends such as loss, cancellations, and new business production.
- Documentation & Compliance: Manage policy forms, develop documentation for changes, and ensure all filings are accurate and well-documented.
- Collaboration: Work with various stakeholders, including internal departments and external entities, to support new products and features.
Qualifications
- Education: Bachelor’s degree in Accounting, Risk Management, Finance, Business, or Statistics required.
- Experience: 3-5 years of experience in the Property Casualty field preferred, with strong data analytics and interpretation skills.
- Technical Skills: Proficiency in SQL, PowerBI, Tableau, R, and excellent Excel skills. Experience with Guidewire is beneficial.
- Knowledge: Strong understanding of insurance concepts, regulations, and industry standards. Ability to analyze data and make strategic recommendations.
- Communication: Excellent oral and written communication skills, with the ability to present information effectively.
Additional Information
- Certificates: Completion of AINS, API Designation, CPCU, or equivalent insurance certification in Property and Casualty insurance required.
- Physical Demands: Regularly required to sit, use hands to handle tasks, and talk or hear. Occasionally required to stand and walk.
- Work Environment: The noise level in the workplace is usually moderate. Reasonable accommodations may be made to enable individuals with disabilities.
Ready to drive innovation in insurance and make a difference? Apply today to join the Frontline Insurance team!
