Product Analyst – Chicago, IL (2 Openings)

at PURE Insurance in Chicago, Illinois, United States

Job Description

Support the development of new insurance products and expansion of state specific products by analyzing production metrics, loss data, and trends in regulatory and competitive marketplace; assist in creation of product systems specifications for automation of new products in system; compile and analyze data relevant to product and underwriting performance and provide recommendations to improve business outcomes; monitor product performance to provide underwriting and sales, coverage and pricing recommendations based on data supported feedback; extract, analyze, organize and communicate data and business insights through charts, tables, and graphs to support decision-making; analyze metrics to continually improve products; work across organization to improve analysis of business results ensuring that statistical analysis methods are valid, reliable, & efficient; work with data scientists to implement predictive analytics into business processes; work with product team to develop and deliver metrics, analyses, solutions, insights and actionable recommendations; and communicate with colleagues to ascertain product issues to report to management and to ensure successful implementation of problem solutions. 

Requirements: Bachelor’s in economics, finance, math, statistics, or actuarial science + 1 year experience as product analyst or consultant involving high net worth insurance products required.  Experience must include 6 months using Excel, SQL and Python. 

Qualified applicants: e-mail resume to at Privilege Underwriters, Inc.

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Job Posting: 11709558

Posted On: Feb 27, 2024

Updated On: Mar 30, 2024

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