Product Analyst - Hybrid to New Hartford, NY (8 days per month in office)

The Company

At Utica National Insurance Group, our 1,400 employees across the country work every day to make people feel secure, appreciated, and respected. We are an AM Best “A” rated, award-winning, nationally recognized property & casualty insurance carrier, operating throughout the Eastern half of the United States. We believe that diverse perspectives drive innovation, and we are committed to building an inclusive culture for all.

What will you Do

Are you a data-driven professional with a passion for product profitability and market insights? Join us as a Product Analyst supporting our Personal Lines Products. In this role, you’ll perform in-depth analyses of our book of business, conduct competitive research, and collaborate closely with Product Managers and senior leadership to ensure our products remain market-relevant.

Key Responsibilities

• Strategic Analysis: Conduct routine and ad-hoc analyses of our Personal Lines book of business to identify trends and recommend profit-growth strategies.
• Market Research: Perform competitive intelligence to keep our products aligned with current market conditions.
• Rate Revisions: Execute rate revision projects independently and prepare presentations for senior management.
• Tool Development: Create and enhance analytical tools, reporting dashboards, and processes to improve efficiency and accuracy.
• Mentorship: Serve as a mentor to other product analysts, assisting in training and professional development.
• Pricing Models: Develop pricing models for assigned states and products, ensuring alignment with company objectives.
• Project Leadership: Lead or participate in cross-functional projects, collaborating with various teams to meet business goals.

What will You Need

• Education: Bachelor’s degree in mathematics, actuarial science, economics, or a related analytical field preferred.
• Experience: 4 years of insurance product experience, or an advanced degree with relevant transferable skills highly preferred.
• Technical Skills: Proficiency in Python and Excel. Demonstrated ability to analyze complex data sets and translate findings into actionable insights.
• Soft Skills: Strong communication, problem-solving, and organizational skills. Ability to work independently and collaboratively in a fast-paced environment.

Salary: $ 60,405.80-$90,000.00

The final salary to be paid and position within the internal salary range is reflective of the employee’s work experience, their geographic location, education, certification(s), scope and responsibilities in the role, and additional qualifications.

Benefits

We believe strongly that talented people are core to our success and are attracted to companies that provide competitive pay, comprehensive benefits packages, career advancement, and challenging work opportunities. We offer a Comprehensive Benefits Plan for full-time employees, including:

• Medical, Dental, and Vision Benefits
• Life Insurance and Disability Benefits
• 401(k) Profit Sharing and Investment Plan (Includes annual company financial contribution and discretionary Profit Sharing contribution based on annual company financial results)
• Health Savings Account (HSA) & Flexible Spending Accounts (FSA)
• Tuition Assistance, Training, and Professional Designations
• Company-Paid Family Leave & Adoption/Surrogacy Assistance
• Voluntary Benefits – Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance
• Student Loan Refinancing Services
• Care.com Membership with Back-up Care and Senior Solutions
• Business Travel Accident Insurance
• Matching Gifts Program
• Paid Volunteer Day
• Employee Referral Award Program
• Wellness

Additional Information:

This position is a full time salaried, exempt (non-overtime eligible) position.

Utica National is an Equal Opportunity Employer.

Apply now and find out what it’s like to be a part of an amazing team, thrive in an exciting environment and work for a company you can be proud of. Once you complete your application, you can monitor your status in the hiring process by logging into your profile. A representative from our Talent Acquisition team will be in touch regarding any change in your candidacy.