Product Management Analyst (Insurance)

Company Details

Berkley One exists to insure and protect the lifestyles of a modern generation of affluence. We seek clients that are sophisticated individuals and families who require world-class risk and claims management customized to their needs, a team of select expert independent agents and innovative digital tools to keep it simple and easy. We’ll blend our partners, products and capabilities with all that is Berkley, generating a modern solution for the customers we serve.

Our culture is one of innovation, creativity and teamwork. Our team is highly motivated, passionate about our business, and deeply experienced in developing and delivering product and service solutions in the personal insurance marketplace.

The company is an equal opportunity employer.

Responsibilities

We have an exciting opportunity for a Product Management Analyst to join our Berkley One Product Management team! You will support new product development and management of existing products while working closely with Product Managers, Legal, IT, Analytics, Underwriting and Marketing departments to ensure coordinated product releases, maintain competitive and compliant policy forms, rates and rules, and enable strategic product initiatives through data analysis and critical thinking. You will be able to use your analytical skills to design data-driven solutions to business problems and drive profitable growth. This is a great opportunity to grow your insurance career with Berkley One!

We will consider candidates with experience working as a Claims Analyst, Underwriting Associate, Actuarial, or general insurance knowledge looking to transition into a career in Product Management. This is NOT an IT position.

We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!

Key Functions Include But Are Not Limited To

• Compile and analyze state and industry research and competitor data to inform strategic adjustments, including form, rate and rule reviews, new product development and modifications in underwriting appetite
• Collaborate with Product Managers to create comprehensive line of business plans for rate and coverage considerations
• Support the product development life cycle from forms drafting, to preparing filing documents and responding to objections, through implementation and post launch review Coordinate with IT on product requirements and conduct UAT on behalf of business stakeholders
• Collaborate with colleagues across the organization to ensure alignment across forms, rates, rules and internal systems as well as external and internal communications Respond to form and rate related questions, providing guidance to underwriting and other internal business personnel
• Compile and analyze company results and product KPIs in preparation for product strategy reviews
• Actively participate in Berkley One Innovation, collaborating with colleagues across the portfolio team around how we can improve our processes and the overall performance of the portfolio
  
  

Qualifications

• Bachelor's Degree or equivalent experience
• 2+ years of insurance industry experience
• Familiarity with insurance contract design (e.g., ISO) and with pricing and actuarial concepts desired (will train)
• Experience working in a mathematical or analytical role
• Empathy and understanding of the needs of customers, both insureds and their agents alike; an excellent, pro-active advocate for Berkley One customers who is passionate about their brand and coverage experience
• Exceptional oral and written communication skills with a communication style that is flexible to the situation; able to communicate clearly and with purpose
• A strong attention to detail and ability to juggle competing priorities
• Strong analytical and problem-solving skills
• A strong sense of accountability, resourcefulness, fun and adventure
• A strong customer service bias, known for your responsiveness
• Natural curiosity, a love of learning how things work and always looking for innovative improvements
• Proficient in Microsoft Office Suite of products (Word, PowerPoint, Excel)
  
  

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.