Product Innovation Analyst

Company: Aegis General Insurance Agency
Location: Cincinnati
Posted on: January 26, 2023

Job Description:

Aegis General Insurance Agency Inc., an affiliate of K2 Insurance Services, is seeking a full-time Product Innovation Analyst to join its Product Development team in Cincinnati, OH. This position will be based at our Cincinnati, OH office with the potential to work remotely. This position is newly created due to business growth.
Aegis General is a growing leader in the "affordable housing" insurance segment and is looking for talent to continue our aggressive growth with competitive and innovative product offerings in additional geographical areas.
Aegis offers the opportunity to join an established company in growth mode. Our compensation program includes competitive pay; bonus plan; medical, dental, and vision insurance with no waiting period; paid time-off in year of hire; and 401(k) with employer match.
This Product Innovation Analyst position is a new, full-time position reporting to our VP of Core Products. A Senior Analyst role may be considered depending on level of relevant experience.
Position Description:
The Product Analyst's primary objective is to support the implementation of new or revised insurance programs by compiling, reviewing and sharing data on our programs, researching our competitive and regulatory environment, and confirming the accuracy of our internal and external policy administrative systems.
Responsibilities:
Responsible for testing new and revised products (rate, rule, forms, output) in multiple carrier and agency policy administration systems.
Key contact for external partners (Agents, Vendors, Consultants).
Provide support to product managers by producing and reviewing data, test case preparation, marketplace and compliance review, and other program filing activities as needed.
Develop and monitor implementation plans and communicate with internal and external stakeholders.
Analyze product rate levels and underwriting practices to ensure long-term profitability for the company.
Analyze and report on financial results both on a regular and ad hoc basis. Prepare monthly and ad hoc reports and data queries from our multiple system platforms.
Interact with internal and external contacts to ensure program revisions are implemented compliantly, accurately and timely.
Assist in the financial review of new initiatives (product, marketing, IT).
Complete other related activities as needed to support corporate objectives.
Qualifications:
Bachelor's Degree in Mathematics, IT, Statistics, or similar major and or commensurate
Experience in product development either in a carrier or MGA environment.
Advanced MS Excel skills (ex: can program complex formulas, use pivot tables, and manipulate data to achieve goals).
Very high level of attention to detail and able to produce an accurate work product.
Organized - can keep a number of different initiatives moving forward simultaneously in a fast paced environment.
Can pro-actively convey technical details in an understandable manner to different audiences.
Enjoys numbers, data, and digging into details to get answers.
Demonstrated experience supporting or leading the implementation of new insurance programs or updates.
Able to travel several times a year/as needed to Aegis / K2 locations or key agency partners.
Personal Property / E&S experience is a plus.
Insurance industry designation a plus (CPCU, CIC, etc.).
We will also consider a highly motivated recent college graduate for this opening.
Learn more about Aegis at aegisgeneral.com and aegisinsurance.com.

PI201735394

Keywords: Aegis General Insurance Agency, Cincinnati , Product Innovation Analyst, Professions , Cincinnati, Ohio