Senior Business / Product Analyst-1

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Senior Business / Product Analyst-1

Apply locations Chicago - Illinois - Wacker Remote - Illinois time type Full time posted on Posted 5 Days Ago job requisition id JR

Position Summary

The Senior Product Analyst will support the strategic business initiatives to deliver compelling insurance products via a digital insurance engagement and underwriting platform for use by Ryan Specialty Group and its insurance distribution partners. The Senior Product Analyst will work closely with our insurance product development team to support the overall insurance product portfolio and distribution solution initiatives and perform other assigned duties to meet business needs as determined by management. This position will be a vital link between our insurance carrier partners, our technology solution team and our business objectives by supporting and ensuring the successful completion of insurance product definition, business requirements, as well as participation in the solution lifecycle. The Senior Product Analyst is a key contributor to having superior insurance products available via digital distribution platforms.

What will your job entail?

Job Responsibilities:
• Heavily engaged in understanding and driving the required functionality of our digital distribution platforms as well as other peripheral systems
• Work closely with the Product Managers, subject matter experts, insurance carriers, and solution analysts to enhance product offerings and capabilities.
• Work closely with insurance carrier partners to document product business requirements and risks/issues, follow-up on action items and maintain insurance product teams project plans and deliverables.
• Work closely with business constituents and subject matter experts to turn business needs into consumable requirements that can be acted upon by solution delivery teams.
• Engage in all aspects of solution delivery, including documenting product enhancement backlog, creating test scripts, executing test cases and support.
• In some cases, act as a subject matter expert in the business domain of insurance underwriting, policy issuance and post-issuance modifications
• Help design, document, and maintain business processes.
• Accurately identify problems and provide appropriate solutions, including coordination with partners, external vendors, and other internal teams to deliver optimal solutions.
Work Experience and Education:
• Bachelors Degree in Business or Risk Management
• 2+ years of experience in a business environment – insurance, financial or technology industry highly desirable.
• Prior experience in the property and casualty insurance industry is preferred.
Licenses & Certifications:
• N/A
Skills:
Technical/Functional Skills:
• Data Analytics
• Building Relationships
• Stakeholder Management
• Project Management
• Process Improvement
Behavioral Skills:
• Presentation
• Communication
• Interpersonal
• Multi-Tasker
• Problem Solver

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization.Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression,sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners,and communities.This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $80,000.00 - $100,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

About Us

Ryan Specialty is a leading international specialty insurance firm which offers wholesale brokerage services, delegated underwriting expertise in the form of binding authorities, programs and highly specialized managing general underwriting companies, and other services designed specifically for brokers, agents and insurers. Ryan Specialty’s mission is to be the most trusted trading partner of insurance brokers, agents and insurance carriers.

Ryan Specialty, LLC and its affiliates (“Ryan Specialty”) do not accept unsolicited resumes or candidate profiles submitted by any staffing agencies, placement services, or professional recruiters (“Agencies”), including any submissions made through our website or to email accounts of Ryan Specialty employees. Agencies must obtain advance written approval from Ryan Specialty’s HR department to submit resumes and candidate profiles, and then only in conjunction with a valid, fully executed contract for service and in response to the particular search for which Ryan Specialty has engaged such Agency. Agency fee agreements will only be valid if in writing and signed by a member of Ryan Specialty’s HR team. No other Ryan Specialty employee is authorized to bind Ryan Specialty to any agreement regarding placement of candidates by any Agency. Any unsolicited resume or candidate profile received from an Agency without prior approval from Ryan Specialty’s HR department and in compliance with Ryan Specialty’s candidate submission process shall be considered unsolicited, gratuitous and property of Ryan Specialty for recruiting purposes and, as such, is not subject to payment of any Agency fees.

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