A

American Family Insurance Group

Property and casualty insurance provider

Product Analyst

Full-TimeUpdated on 10/23/2026
$69k - $115k
Mid
Madison, WI, USA+6 moreMore locations: Boston, MA, USA | St Joseph, MO, USA | Keene, NH, USA | Hopkins, MN, USA | Phoenix, AZ, USA | Denver, CO, USA
Hybrid
Insurance
No H1B Sponsorship

About the job

Requirements
  • Demonstrated experience providing customer-driven solutions, support, or service.
  • Experience with PC software applications, Microsoft Office products, and analytical or reporting tools used to organize, analyze, validate, and present data.
  • Solid knowledge and understanding of insurance product design and underwriting concepts in the area of expertise.
  • Solid knowledge and understanding of market research and marketplace trends in insurance coverage, and the ability to connect external developments to product performance.
  • Basic knowledge and understanding of project management methodologies, metrics, practices, techniques, and tools, including independently managing timelines, dependencies, and stakeholder communication for assigned work.
  • Demonstrated analytical and problem-solving skills, including experience investigating variances, validating results, and communicating recommendations.
  • Ability to work independently on routine and moderately complex assignments, prioritize competing work, and seek guidance when appropriate.
Responsibilities
  • Provide analysis, insights, and recommendations to leadership and management that affect profit and growth plan execution on an ongoing basis, including recurring product monitoring and state or program reviews.
  • Develop reports and analyses and recommend strategies related to product development or enhancement, product language, underwriting guidelines, processes, and channel-specific business practices.
  • Analyze information, identify root causes, and present opportunities to improve product or business practices and procedures.
  • Monitor the effectiveness of current products and recommend changes or enhancements to management based on performance, customer, market, and competitive results.
  • Analyze information and data to help formulate and execute operational plans; independently manage routine analysis and partner with others on more complex work.
  • Potentially specialize in supporting pricing activities related to rate reviews, profit and loss ratio-based reviews, experience rating programs, post-implementation monitoring, or product and underwriting actions.
  • Research philosophies and strategies that support growth and long-term profitability goals, including competitor activity and marketplace trends.
  • Translate business questions into clear analytical requirements, acquire or coordinate the needed data, validate results, and communicate findings in a straightforward story.
  • Build effective working relationships with product, state management, pricing and actuarial, underwriting, claims, and other partners to improve the quality and usefulness of analysis.
  • Identify opportunities to improve, document, or automate recurring analysis and reporting processes.
Desired Qualifications
  • Experience with SQL or BigQuery, Excel, dashboard or visualization tools, PowerPoint, competitive-intelligence tools, or AI-assisted analytical workflows.
  • Familiarity with personal lines products, product monitoring, rate reviews, root-cause analysis, or cost-benefit analysis.

About the company

A

American Family Insurance Group

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American Family Insurance Group provides property and casualty insurance across personal and commercial lines. It underwrites and administers policies and risk management services through a multiline insurance model. It differentiates itself with a diversified distribution strategy, including acquisitions like Bold Penguin to offer its own products and those of others. Its goal is to grow into a broader, more integrated insurer by expanding access to property and casualty coverage across multiple channels.

Company Size

10,001+

Company Stage

Debt Financing

Total Funding

$300M

Headquarters

Madison, Wisconsin

Founded

1927

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Simplify's Take

What believers are saying

  • 2025 underwriting gain hit $2.6 billion, up from $603 million in 2024.
  • December 2025 Four Lakes Re locked $200 million catastrophe protection through 2028.
  • Bowhead closes in 2026, adding diversification without financing conditions or leverage pressure.

What critics are saying

  • 2025 policies in force fell 11% to 12.1 million, signaling core shrinkage.
  • American Family exited Main Street America Insurance Bonds in February 2026, shrinking product scope.
  • Wildfire, storm, and catastrophe losses drive recurring volatility; Nevada wildfire response shows exposure.

What makes American Family Insurance Group unique

  • Mutual structure supports patient capital; 2025 equity reached $14.3 billion.
  • Bold Penguin expands commercial distribution through competitor-product brokerage and small-business comparison shopping.
  • Bowhead acquisition adds specialty casualty, professional liability, and healthcare liability by end-2026.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Holidays
  • Student Loan Assistance
  • Parental Leave

Growth & Insights and Company News

6 month growth

1%

1 year growth

3%

2 year growth

3%
American Family Insurance
Aug 3rd, 2026
American Family to acquire Bowhead Specialty for $1.2B

American Family Mutual Insurance Company has agreed to acquire all outstanding shares of Bowhead Specialty Holdings it does not currently own for $34.00 per share in cash, valuing the transaction at approximately $1.2 billion. Bowhead is a growing specialty insurance business providing casualty, professional liability, and healthcare liability insurance products. The company operates through two underwriting models: a "craft" model for large, complex risks and a "digital" model for smaller, scalable businesses. American Family has been a minority stockholder and strategic partner in Bowhead since 2020. The acquisition aims to diversify American Family's commercial portfolio and drive sustainable profitable growth. The transaction is expected to close before the end of 2026, subject to regulatory approvals and Bowhead stockholder approval. American Family will fund the purchase through cash and liquid investments on hand.

Global Legal Chronicle
Feb 20th, 2024
Four Lakes Re Ltd.’s US$175 Million Catastrophe Bond Issuance

Conyers, alongside Mayer Brown LLP, advised Four Lakes Re Ltd. on the issuance. Special purpose insurer Four Lakes Re Ltd. announced its new US$125 million Series …

Business Wire
Feb 17th, 2023
Arturo Announces Seed Series Close and Spin-out from American Family Insurance

Arturo, an artificial intelligence powered property analytics startup, announces the close of Seed Series and spin-out from American Family Insurance.

Artemis
Dec 21st, 2022
AmFam raises Four Lakes Re 2022 cat bond target to $125m, pricing at top-end - Artemis.bm

American Family Mutual Insurance Company, or AmFam as it is abbreviated, is hoping to upsize its latest catastrophe bond issuance, with the new Four Lakes

Technical.ly
Sep 24th, 2020
This Week in Jobs, PTW20 Reboot Edition: Get Introduced to your new career

A bonus TWIJ for the all-virtual, mid-Atlantic-spanning Philly Tech Week.