Product Management Analyst

New Jersey Manufacturers Insurance Company - Parsippany-Troy Hills, NJ

Full-time

Parsippany-Troy Hills, NJ

Funds, Trusts, and Other Financial Vehicles

About the position

The Product Management Analyst at NJM Insurance will play a crucial role in fostering a data-driven culture within the organization. This position involves collaborating with various management levels to analyze key performance metrics, ensuring that business targets and goals are met. The analyst will engage in a variety of analytical activities to enhance the understanding of profitability, growth, retention, and operational results, ultimately contributing to sustained long-term growth and exceptional customer service.

Responsibilities

• Review and report on market activities and competitors within assigned states.
• Provide insights and trends in the marketplace.
• Generate regular reporting on key performance indicators.
• Lead strategic projects in support of product management and assist in preparing presentations for business leaders.
• Develop competitive models and analysis utilizing data and analytical skills resulting in dashboards and ad hoc reports.
• Compile, clean, organize, and analyze complex data to understand and communicate business results.
• Conduct presentations as required.
• Review financial results with business leaders, providing insights into results relative to expectations.
• Perform other duties as assigned.

Requirements

• Familiarity with data science tools and available systems (SQL, SAS, PowerBi or similar, Office suite) is a plus.
• Bachelor's degree required in Mathematics, Statistics, Finance, Business, Economics, or related field.
• Excellent analytical and problem-solving abilities.
• High level of intellectual curiosity.
• Ability to drive strategic direction and take initiative.
• Effective communicator (verbal and written).
• Demonstrated innovative thinking.
• Strong attention to detail.
• Desire to work collaboratively in a team environment.