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Product Analyst (Hybrid)

NYCM Insurance
Edmeston, NY Full Time
POSTED ON 6/20/2023 CLOSED ON 8/6/2023

What are the responsibilities and job description for the Product Analyst (Hybrid) position at NYCM Insurance?

The Product Analyst in Product Management will work with team members to provide greater visibility into product level performance through business performance analysis with a focus on growth, profitability and general key performance indicators. The Product Analyst will work within the team to identify opportunities, build efficiencies for pulling and presenting data, research new product offerings and support the development of rate filings.

Duties & Responsibilities:

  • Work with line of business team in the development, maintenance and enhancement of a given product line.
  • Support various divisions as needed on product line initiatives.
  • Work with team members in a data gathering capacity to retrieve data from various internal and external sources in preparation for complex analyses. 
  • Run, modify and customize existing database queries against multiple data sources with various applications including Business Objects, Crystal Report and SAS.  Building efficiencies when feasible.
  • Compile and prepare a mix of production and ad hoc reports, graphs and charts of data, analyzing current issues and trends related to product and business performance.
  • Build basic SAS programs for structuring of data, production of reports and analysis.
  • Verify accuracy of data pulled and take corrective action.
  • Conduct rate change analysis; create filing documentation for regulatory approval; and assist team with implementation.
  • Assist and collaborate with competitive team research of new internal and external products and processes for future product/coverage development.
  • Support a given product line through analyzing business performance, including experience trends and related pricing schemes.

Requirements: 

  • Bachelor's degree with an emphasis in Finance, Mathematics, Accounting, Economics or Statistics.

Qualifications & Skills: 

  • Strong computer skills and knowledge of applications including the Microsoft Suite with attention to Excel.
  • Ability to create, manipulate and formulate spreadsheets and databases.
  • Innovative thinker with creative problem-solving skills and logical thought processes.
  • Ability to distill, structure and draw insight from large amounts of data.
  • Excellent written and oral communication skills.
  • Ability to learn and retain new concepts, processes and applications.
  • Ability to work in an open team environment.
  • Ability to multitask in a fast-paced environment.
  • Effective problem-solving skills.
  • Good organization and priority setting skills.

Payband 5N / Hours 37.5 per week

Salary Range: $50,104 - $70,144

Applications accepted through: 7/5/2023

Salary : $50,104 - $70,144

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