Acuity

Product Analyst

US-WI-Sheboygan
Job ID
2017-1758
Category
Marketing

Overview

Acuity is seeking a Product Analyst to do research on insurance industry growth and profitability, as well as develop proposals for rate revisions and new or enhanced products. The individual will seek multiple reliable sources to locate specific company or industry-wide data on selected classes, territories, etc., which will be analyzed to develop recommendations. The position will also spearhead specific company or industry topic case studies. 

Responsibilities

 

ESSENTIAL FUNCTIONS:

 

  • Generate and develop ideas for new or enhanced products, services and coverages.
  • Monitor and disseminate information on industry trends, growth and profitability and how Acuity is performing in relation to recently implemented initiatives.
  • Prepare rate comparison studies to reflect competing companies' changes. 
  • Partner with the Actuarial department to prepare rate proposals and develop product pricing and rating logic.
  • Collaborate with Regulatory Analysts to draft coverage forms for new products and coverages and assist with providing insurance department filing support. 
  • Work with Actuarial Analysts to track Acuity growth and profitability and present potential opportunities for profitable growth. 
  • Complete in-depth case studies to support strategic direction.
  • Conduct competitor and niche market research as requested.
  • Partner with Branding Specialists and the Communications department to develop promotional material, as requested.
  • Provide support to other departments to ensure that all projects and initiatives are completed accurately and in a timely manner.
  • Research and participate in customer segmentation initiatives. 
  • Regular and predictable attendance.
  • Perform other duties as assigned.

ACUITY PROVIDED EQUIPMENT:

  • PC

 

 

Qualifications

EDUCATION

A four-year degree from an accredited college or university with a high level of academic achievement.

 

EXPERIENCE:

Analytical experience in the insurance industry or equivalent, with an interest in coverages and products preferred.

 

OTHER QUALIFICATIONS:

  • Effectively work with people from varied disciplines and settings.
  • Good organizational and mathematical skills.
  • Excellent skills in verbal and written communications.
  • Strong capabilities in research, critical thinking, and analysis.
  • Aptitude for working with complex documents. 
  • Ability to work effectively with a variety of computer software including word processing, spreadsheet, and database software.

This position is classfied as exempt. 

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