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American Family Insurance - Corporate Auto Product Development Senior Analyst (Flex Office/Home) in Madison, Wisconsin

As an Auto Product Development Senior Analyst, you will report to the Product Development Manager. You will analyze the performance of the line or book of business, provide product strategy recommendations to divisional and departmental leadership. Evaluate and track competitor products, pricing information and target markets. Research competitor pricing and rating programs providing insights to the business for pricing enhancements and new products. You will lead the development of new products and pricing.

Relocation Support Offered for Eligible Candidates.

In this flex office/home role, you will work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034; Nashville, TN 37214

Internal candidates are encouraged to apply regardless of location and will be considered based on the needs of the role.

Position Compensation Range:

$84,000.00 - $139,000.00

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location.

Primary Accountabilities

  • You may serve as project lead for implementation of products and services.

  • You will analyze the performance of the products, agent, or book of business.

  • You will evaluate profit factors and conduct analysis of performance data to provide product strategy recommendations relating to profit, growth, retention, and overall book of business.

  • You will maintain working relationships with other lines to identify product gaps and opportunities.

  • You will research and develop concepts for complex new products or services.

  • You will work with partners in pricing/actuarial, claims, etc. to ensure product compliance and financial viability.

  • You will prepare contract language, develop initial underwriting guidelines, and oversee development of new predictive analytics including pricing models and other predictive models.

  • You will produce detailed competitive analysis for personal lines products using a variety of information sources and tools to support decision-making. You will analyze all available data forming conclusions regarding our competitive position in the marketplace. You will provide recommendations to leadership to maximize product offerings and geographical areas.

  • You will provide expertise regarding how competitor actions and industry trends influences personal line's ability to meet corporate and divisional goals. You will make recommendations to management regarding operational and product changes that may enhance our competitive position.

  • You will stay up to date with all rate changes, rating enhancements and program changes by our competitors; research competitor filings, rate and rule manuals to check changes made and their impact on our competitive position. You will ensure reporting accuracy explaining drivers and insights relating to competitive position changes.

Specialized Knowledge & Skills Requirements

  • Demonstrated experience providing customer-focused solutions or service.

  • Demonstrated experience performing complex financial, actuarial or business analysis.

  • Experience with customer, business industry, insurance, underwriting guidelines and risk concepts in area of expertise.

  • Demonstrated experience in project management methodologies, practices, techniques and tools.

Travel Requirements

  • Up to 10%.

Physical Requirements

  • Work that involves sitting/standing.

#LI-Hybrid

We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

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