The Baldwin Group

Compensation

Full Description

The Sr Product Analyst will work closely with the Product Team, internal and external associates, and vendors to introduce new products, enhance existing products, and enter new markets to support the company's profit and growth targets. They will collaborate with business partners to manage the rate and rule revision process, prepare insurance filings, and implement revision changes. This role requires expertise in applying mathematical and statistical techniques to analyze profitability and competitive position. Additionally, the Sr Product Analyst will review insurance company filings, industry, and regulatory changes to provide recommendations that will enhance product launches, changes, and enhancements. PRIMARY RESPONSIBILITIES: Under limited guidance from Product Manager/Product Leader: • Work closely with the Product Team, internal and external associates, and vendors to support introduction of new products, enhancements to existing products, and/or entry into new markets to reach company profit and growth targets • Collaborate with business partners throughout the organization on the rate and rule revision process, including confirming scope and timelines, preparing filings to be submitted to state insurance departments, coordinating responses to regulator questions, and implementing final revision changes • Apply mathematical and statistical techniques to analyze profitability and competitive position on a state and program basis. Work with relevant Team Members to perform analyses that inform recommendations on what actions can be taken to improve product performance • Review insurance company filings, in particular rate algorithms, underwriting guidelines, and forms, along with industry and regulatory changes to provide recommendations that will improve product launches, changes, and enhancements. KNOWLEDGE, SKILLS & ABILITIES: EDUCATION & EXPERIENCE: 3-5 years experience #LI-JW2 #LI-REMOTE PRIMARY RESPONSIBILITIES & PERCENTAGE OF TIME PER PRIMARY RESPONSIBILITY: Maintains product workbooks for various states, products, and carriers. Audits and analyzes product performance. Aids and contributes to product and pricing improvements. Works with IT on implementing product changes. Performs product reviews and monitoring for compliance with legal and regulatory recommendations to ensure all P&C products are compliant. Works with Compliance on monitor severe or CAT weather conditions and make any necessary moratorium recommendations. Assists with any product related filings. Assists with product related enhancements and testing. Click here for some insight into our culture! The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume. The Baldwin Group (previously Baldwin Risk Partners) is a cohesive group of experts in business insurance, employee benefits, retirement planning, and all areas of private and personal insurance. Since 2011, we’ve evolved from a local business into a national firm with a vast network of specializations serving two million clients across the country. At The Baldwin Group, we provide solutions so our clients can pursue what’s possible for themselves, their families, and their businesses. Whether renting a first apartment, opening a small business or taking a company public, we offer solutions to support clients at every step of their journey giving them peace of mind to pursue their purpose, passion, and dreams. We Protect the Possible. The Baldwin Group is an equal employment opportunity firm and strives to comply with all laws prohibiting discrimination based on race, color, religion, age, sex (including sexual orientation and gender identity), national origin or ancestry, disability, military status, marital status, and any other category protected by federal, state, or local laws. All such discrimination is unlawful, and all persons involved in the operations of the firm are prohibited from engaging in this conduct.