Senior Product Analyst

AmTrust Financial Services - Southington, CT

Full-time - Mid Level

Southington, CT

Insurance Carriers and Related Activities

About the position

The Senior Product Analyst role at AmTrust involves building, analyzing, and interpreting data to support profit and growth strategies for the Small Commercial multi-line portfolio. The position focuses on detailed analysis of production and profit data, underwriting rules, and industry performance metrics, collaborating closely with Product Management and key partners to implement business and automation strategies. The ideal candidate will possess strong analytical skills and experience in small commercial underwriting or rules engines, and will act as a mentor without managing others directly.

Responsibilities

• Performs ongoing product management and development including deep dive analyses to assist in the formulation of data and market driven recommendations for product, rule, rate, or underwriting changes.
• Handles specialized responsibilities that may involve ownership of one or more specific industries or coverage segments within the product.
• Formulate recommendations based on analysis and interpretation of business results, allowing for quick and effective reaction to growth and profit challenges.
• Partners with Sales, Underwriting and Actuarial to understand business needs and feedback, helping develop strategies based on data and market insights.
• Presents findings of analysis and partners with leaders to assist in strategic overviews to management on a routine basis.
• Provides guidance to the development of workflow practices across Product Management that reduce redundancy and establish consistency.
• Builds, curates, and analyzes key performance indicators for emerging automation workflows, including report-building in Power BI or similar applications.

Requirements

• Bachelor's degree preferably in a discipline requiring critical thinking and analytical skills.
• Minimum of 3 years of experience in a related analytical role is required.
• Analytical & problem-solving skills, including the ability to encourage new ways of looking at problems, processes, and solutions.
• Solution-oriented individual with ability to think strategically and implement change.
• Experience pursuing long-term goals while balancing the short-term needs of the organization.
• Advanced knowledge of Excel and PowerPoint.
• Moderate (or better) knowledge of SQL and PowerBI or similar data visualization and reporting tools.
• Experience with data extraction and visualization and/or reporting.
• Ability to self-direct; managing time and goals effectively with minimal supervision.

Nice-to-haves

• Experience programming in or analyzing data from business rules engines is a significant plus.
• Experience in Personal Lines or Commercial Lines Product (Management or Development), Pricing and/or Underwriting in a comparable role is strongly preferred.

Benefits

• Medical & Dental Plans
• Life Insurance, including eligible spouses & children
• Health Care Flexible Spending
• Dependent Care
• 401k Savings Plans
• Paid Time Off