E&S Binding Product Management Product Analyst

Sr Product Analyst - EM08FE

Product Analyst - EM08AE

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.          

The E&S Binding Product Analyst is responsible for conducting comprehensive analysis on product performance.  Our Product Analysts are regularly analyzing profit and growth performance for a given product, providing recommendations on product enhancements, as well as forecasting production trends over a 24 month horizon.  They will work directly with Product Directors and Actuarial in setting prices, designing product features, adjusting underwriting guidelines, along with direct input into underwriting practices, commission strategies, sales strategies, and other related areas of the business.  This role reports to the Director of Product Management within the E&S Binding Product Management team.  

Responsibilities:

• The E&S Binding Product Management team is accountable for achieving / exceeding profit and growth targets.

• Work alongside Product Development Directors and Director of Product Management to develop strategic visions and tactical plans that will profitably expand market share. 

• Learn and execute the core product management levers under the supervision of the Product Directors.

• Work independently to analyze internal production and profit trends by line of business, geographies, and industries and present findings to sales, underwriting, actuarial and other key business partners to initiate change.

• Partner with Small Commercial Analytics Office to establish and recommend reporting and data requirements.

• Incorporate company, industry, and competitor information into holistic recommendations

• Remain grounded in geography-specific data so that shifts in competitiveness and profitability are well anticipated 

Qualifications:

• Ideal candidate will possess P&C insurance industry experience evaluating product, pricing, research and/or underwriting of at least 3 years including experience in an analytical role requiring the individual to manipulate data, evaluate trends, and present observations/recommendations is an acceptable alternative to P&C insurance industry experience

• Strong technical skills; demonstrates proficiency in Excel, including experience with pivot tables, complex formulas, and data analysis tools. Capable of working with large data sets to develop detailed analytical insights and drive data-driven decision-making.

• Basic understanding of AI and its applications in data analysis. Capable of leveraging AI tools and techniques to enhance data insights and support data-driven decision-making

• Excellent communication skills required - including visualization of quantitative information for non-technical audiences

• Must be able to learn on own in addition to formal training in order to contribute rapidly to the team

• Experience building and using reports and dashboards with Tableau, or a similar business intelligence platform preferred Experience using Python, R, or similar programming language to perform analysis tasks such as: exploratory data analysis (EDA), data cleaning, causal inference, simulation/bootstrapping, modeling, machine learning, or other statistical analysis a plus

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$68,000 - $120,000

The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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