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Product Analyst- Property & Casualty Insurance

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Position

Product Analyst- Property & Casualty Insurance

About Our Client

A leading insurance provider headquartered in South Korea, with a growing presence in the United States. Our company is dedicated to offering innovative, reliable insurance products and is committed to creating a positive work environment where every team member can grow and thrive. We believe in fostering a culture of continuous learning, and we are excited to welcome a new Product Analyst who shares our passion for excellence and innovation.

Job Summary

Seeking a motivated and detail-oriented Product Analyst to join our Property & Casualty Insurance team. This position is ideal for a graduate with a degree in actuarial science, mathematics, statistics, or a related field who has a passion for numbers, a keen eye for detail, and a strong desire to learn. The Product Analyst will play a vital role in supporting our team by analyzing data, assisting with product development, and providing insights to optimize our insurance offerings.

Job Description

• - Support actuarial and statistical analysis to drive informed decision-making
• - Manage and update product and rating sheets using Excel to ensure accuracy and consistency
• - Assist in pricing and loss ratio analysis across products, lines, and branches to support strategic insights
• - Conduct market and competitor benchmarking to inform strategic initiatives
• - Assist in the preparation and submission of filings for rate, rule, and form changes
• - Generate and analyze underwriting monitoring data to identify trends and areas for improvement
• - Support the creation of Property & Casualty market data reports using SAS
• - Collaborate with cross-functional teams, including underwriting, claims, and marketing, to gather data and ensure alignment of product goals
• - Support rate filings and regulatory compliance by preparing documentation and responding to information requests
• - Prepare reports and presentations that highlight findings, trends, and actionable insights
• - Continuously learn about the insurance industry and stay informed of changes in regulations, trends, and best practices in data analysis

Qualifications

• - Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field-
• - Strong analytical skills with a solid foundation in quantitative methods and data analysis
• - Proficiency in Microsoft Excel, with familiarity in data analysis tools (e.g., SQL, R, Python) being a plus
• - Exceptional attention to detail and commitment to producing accurate and high-quality work
• - Excellent communication skills, with the ability to present complex information in an understandable manner
• - Self-motivated, with a desire to learn and continuously improve knowledge of the insurance industry
• - Ability to work collaboratively within a team and independently when required
• Desired Qualifications
• - Successfully completed one or more exams from either the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS)

What's On Offer

• - Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company
• - Annual bonus performance incentive program
• - Paid time off and sick leave
• - 10 Annual paid holidays
• - 401(k) plan with up to 4% company match
• - Quarterly Fringe Benefit reimbursements
• - Job-related training reimbursement

Apply online or feel free to contact us directly for more information about the opportunity. Due to the high volume of applicant, we regret to inform that only shortlisted candidates will be notified. Thank you for your understanding.


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