Product Pricing Analyst Insurance Job

North Carolina

 

Insurance Job Description

Our client provides a broad range of insurance and insurance-related products and services for individual consumers as well as businesses. They offer a variety of property and casualty products, including personal auto, RV, motorcycle, commercial auto and homeowners insurance. They presently offer multiple opportunities to join their dynamic organization in North Carolina as Product Pricing Analysts. These positions work under the direction of the Pricing Analytics team and spend a majority of their time collecting and analyzing statistical, financial, and competitive information to help make pricing, underwriting, agency management, distribution, and claims decisions. There are multiple Product Pricing Analyst positions available and my client is hiring individuals across the spectrum of experience levels including Sr. Analysts with many years of experience. 

Product Pricing Analyst Responsibilities:

  • Identify and solve product/pricing problems by performing analysis that involves retrieving and analyzing both internal and external data.

  • Assist with analysis and implementation of changes to existing insurance products as well as the development of new products.

  • Perform extensive product reviews that require analysis of trends, factors, issues, competitive analysis, and rate level indications.

  • Analyze agency management, product distribution, and claims procedures to enhance growth and underwriting profit of the insurance product.

  • Assist with rate recommendations, and state insurance department filings for assigned products. 

  • Assist in analyzing financial results, product profitability and forecasting.

  • Assist in forecasting and modeling results of action plans.

  • Communicate and collaborate with business partners in other functional areas, including marketing, finance, claims, IT, and senior management. 

Product Pricing Analyst Qualifications:

  • Bachelor or advanced degree in insurance, actuarial science, mathematics, statistics, risk management, economics, business administration or related analytics-oriented discipline.

  • Demonstrated ability to organize and analyze complex data sets.

  • Highly proficient in managing and manipulating data in Excel and preferably Access.

  • Demonstrated understanding of relational databases and data extraction.

  • Strong analytical and critical thinking skills.

  • Excellent verbal and written communication skills necessary to present information to management, other functional areas, and insurance agents. 

  • Ability to drive for results, deal with ambiguity, solve problems, make decisions, see trends/patterns within data sets, identify root causes.

  • Experience with personal lines insurance ratemaking methodologies and pricing techniques.

  • Product management experience.

  • Experience in SAS programming.

Please contact Scot Dickerson for immediate confidential consideration and additional details. If you would like to submit your resume for this insurance job, please click HERE and attach your resume as a Microsoft Word document.

Capstone Insurance Search Group is a search firm dedicated to the insurance industry. We work nationally with expertise that spans top executives, middle management and technical level positions. We can provide assistance with a variety of product lines to include Property and Casualty, Life, Health, Disability, Annuity and Pension. We will provide you with a service that is of the highest degree of confidentiality, professionalism and integrity.