Product Analyst Sr (Webster, MA)

Job Summary

Position is located in Webster, MA or can be Boston. This is not a remote position and is not sponsorship eligible. 

Drives the development and maintenance of property and casualty insurance products with shared responsibilities for growth and profitability. This includes complex analysis of demographics, competitors and regulatory statutes to create recommendations and proposals for product development, pricing and to write business requirements. Takes a lead role on cross-functional teams.

Project management experience and ability to take a lead role with multiple business units on cross-functional teams. Work with teams to complete the goal (whether leading or as a stakeholder) for assigned vendors or projects.

Knowledge, Skills and Abilities

Education: Bachelor's Degree or professional level of knowledge in a specialized field, or equivalent, related experience.
Experience: 4 - 6 years - or Associates Degree equivalent plus 6 - 8 years.

• Analyzes and communicates market changes, industry trends and other pertinent information that impacts the product and its operations 
• Experience working with insurance vendors, underwriting services that support new product introductions or product maintenance.This includes but it is not limited to reviewing contracts, evaluating vendor efficiencies, and quantifying recommendations

• Works with Legal and State Teams to update policy language or create new forms to meet compliance and strategic goals

• Build comprehensive business requirements that will be used by the IT Department and work with IT to ensure timely and accurate implementation of product changes
• Creation of comprehensive and well-written proposals that will be reviewed by upper management.  Presentation of the proposals to stakeholders.
• Advanced ability to use Excel to summarize and visualize data and to use it to support recommendations 
• End to End process knowledge of insurance operations, understanding how all of the pieces come together 

Additional Knowledge, Skills and Abilities 

• Intermediate to advanced project management skills
• Qualitative analysis and critical thinking skills
• Ability to lead cross functional teams to make critical product decisions
• Advanced knowledge of market and regulatory research tools, including rate and form circulars issued by rating bureaus

If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at talentacquisition@mapfreusa.com.

We are proud to be an equal opportunity employer.