AmericanAg® · 2 days ago
Property & Casualty Insurance Research & Product Development Analyst
Schaumburg, IL
Full-time
Hybrid
Mid, Senior Level
$100K/yr - $130K/yr
5+ years expAmericanAg®, a global provider of diversified reinsurance solutions, is seeking a Property & Casualty Insurance Research & Product Development Analyst. This role involves conducting market research, analyzing trends, and collaborating with various teams to develop and enhance insurance products.
Insurance
No H1B
Hiring Manager
Sarah (Kline) Ball, MS
Responsibilities
Conducting market research and competitor benchmarking to identify emerging trends, coverage gaps, new product opportunities, and product innovations that align with our strategic growth objectives
Developing and preparing comprehensive business use cases and product proposals for new offerings and enhancements
Performing detailed competitive market analysis, including forms comparison, product offerings, and competitor rate changes
Collaborating with Underwriting, Actuarial, Claims, Marketing, Contracts, and other stakeholders to design and develop enhancements to our turnkey products
Drafting and revising coverage forms, endorsements, and contract language to improve clarity, drive growth, and increase market competitiveness
Analyzing datasets related to policy data, claims, and customer demographics to deliver actionable insights that drive product performance
Building and maintaining detailed reports and dashboards to track key product KPIs (e.g., loss ratios, customer uptake, profitability)
Participating in underwriting file reviews to analyze forms and endorsements, ensuring alignment with treaty language
Qualification
Required
Bachelor's degree or equivalent experience
5+ years of Property and Casualty insurance experience, ideally in an underwriting, product development, or regulatory role; reinsurance experience is a plus
Knowledge of insurance product management principles, frameworks, and best practices
Experience researching and analyzing competitor products and forms, along with developing and enhancing forms and endorsements
Excellent written and verbal communication and project management skills, along with the ability to collaborate effectively across all levels at the company
Strong research, analytical, and problem-solving skills and the ability to translate findings into clear recommendations
Proficiency with Microsoft Office products, particularly Excel and PowerBI
Continuing education in insurance certification programs (CPCU, ARe) preferred
Benefits
This position is also eligible for an annual bonus.
Company
AmericanAg®
American Agricultural Insurance Company (AmericanAg®) stands out from the marketplace as a provider of reinsurance services across the insurance spectrum with a growing global presence.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Andrew Boris
Executive Vice President & Chief Executive Officer
Janet Katz
Retired Executive Vice President & CEO
Recent News
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