Westfield Insurance
Small Business State Product Management Analyst
Westfield Insurance, Westfield Center, Ohio, us, 44251
Small Business State Product Management Analyst
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Small Business State Product Management Analyst
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Westfield Insurance . Job Summary The Small Business State Product Management Analyst supports growth and profitability for assigned states and/or insurance product lines. The role analyzes internal and external trends to propose data-driven recommendations to influence key performance metrics. The analyst collaborates with underwriting, sales, actuarial, marketing, and other cross-functional departments to ensure products meet profitability, compliance, and customer satisfaction goals. Job Responsibilities Independently conduct and understand data analysis of business results to assess profitability and growth opportunities and identify root cause. Formulate and execute potential recommendations to drive growth and profitability based on established strategy, considering local regulatory nuances and broader marketplace dynamics. Present, inform, and influence product and pricing recommendations to business partners including underwriting and sales. Collaborate with Actuarial, Underwriting, and Sales during the rate review process to align rate and pricing with countrywide and local market profit and growth strategies. May function as a subject matter expert in strategic initiatives to support the goals and objectives of the broader organization. Develop top and bottom-line forecasts and rigorously analyze product performance metrics against plans; identify divergences and recommend actions, building contingency plans. Monitor effectiveness of business initiatives and strategies, impacts to rate and pricing changes, book mix changes, and trends; provide recommendations on potential actions. Demonstrate strong problem-solving to balance root cause resolution with timely changes. Acquire market and competitive intelligence and develop knowledge of emerging trends to compete effectively; share knowledge with the organization. Develop an understanding of regulatory and statutory environments for assigned states and/or lines of business; ensure product decisions and processes align with company policies and meet all legal and regulatory requirements. Job Qualifications 3-5 years of experience in Product Research, Insurance, or related field. Bachelor's degree in market research, statistics, data science, business, or related field and/or commensurate work experience. Behavioral Competencies Collaborates Customer focus Communicates effectively Decision quality Nimble learning Certified Market Research Professional (CMRP) Certified Analytics Professional (CAP) Technical Skills Business Requirement Gathering Technical Documentation Data Reporting and Analysis Product Development Lifecycle Business Analysis New Product Development Market Research Product Analytics Note: This job description describes the general nature and level of work performed. It is not exhaustive and may change. Additional duties may be assigned as needed by management. About Us Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering risk insights and innovative solutions through a diverse portfolio. Westfield underwrites commercial, personal, surety, and specialty lines through a network of independent agents and brokers in the United States and specialty products through Lloyd’s of London Syndicate 1200. Westfield is a mutual company with more than 3,000 employees, revenues over $4 billion, and assets over $10 billion. Equal Opportunity Employer United States: All applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or veteran status. United Kingdom: Westfield is committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief, and marriage and civil partnerships. Seniority level Mid-Senior level Employment type Full-time Job function Business Development and Sales Industries Referrals increase your chances of interviewing at Westfield Insurance. Get notified about new Product Management Analyst jobs in Westfield Center, OH.
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Join to apply for the
Small Business State Product Management Analyst
role at
Westfield Insurance . Job Summary The Small Business State Product Management Analyst supports growth and profitability for assigned states and/or insurance product lines. The role analyzes internal and external trends to propose data-driven recommendations to influence key performance metrics. The analyst collaborates with underwriting, sales, actuarial, marketing, and other cross-functional departments to ensure products meet profitability, compliance, and customer satisfaction goals. Job Responsibilities Independently conduct and understand data analysis of business results to assess profitability and growth opportunities and identify root cause. Formulate and execute potential recommendations to drive growth and profitability based on established strategy, considering local regulatory nuances and broader marketplace dynamics. Present, inform, and influence product and pricing recommendations to business partners including underwriting and sales. Collaborate with Actuarial, Underwriting, and Sales during the rate review process to align rate and pricing with countrywide and local market profit and growth strategies. May function as a subject matter expert in strategic initiatives to support the goals and objectives of the broader organization. Develop top and bottom-line forecasts and rigorously analyze product performance metrics against plans; identify divergences and recommend actions, building contingency plans. Monitor effectiveness of business initiatives and strategies, impacts to rate and pricing changes, book mix changes, and trends; provide recommendations on potential actions. Demonstrate strong problem-solving to balance root cause resolution with timely changes. Acquire market and competitive intelligence and develop knowledge of emerging trends to compete effectively; share knowledge with the organization. Develop an understanding of regulatory and statutory environments for assigned states and/or lines of business; ensure product decisions and processes align with company policies and meet all legal and regulatory requirements. Job Qualifications 3-5 years of experience in Product Research, Insurance, or related field. Bachelor's degree in market research, statistics, data science, business, or related field and/or commensurate work experience. Behavioral Competencies Collaborates Customer focus Communicates effectively Decision quality Nimble learning Certified Market Research Professional (CMRP) Certified Analytics Professional (CAP) Technical Skills Business Requirement Gathering Technical Documentation Data Reporting and Analysis Product Development Lifecycle Business Analysis New Product Development Market Research Product Analytics Note: This job description describes the general nature and level of work performed. It is not exhaustive and may change. Additional duties may be assigned as needed by management. About Us Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering risk insights and innovative solutions through a diverse portfolio. Westfield underwrites commercial, personal, surety, and specialty lines through a network of independent agents and brokers in the United States and specialty products through Lloyd’s of London Syndicate 1200. Westfield is a mutual company with more than 3,000 employees, revenues over $4 billion, and assets over $10 billion. Equal Opportunity Employer United States: All applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or veteran status. United Kingdom: Westfield is committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief, and marriage and civil partnerships. Seniority level Mid-Senior level Employment type Full-time Job function Business Development and Sales Industries Referrals increase your chances of interviewing at Westfield Insurance. Get notified about new Product Management Analyst jobs in Westfield Center, OH.
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