Full-Time

Property & Casualty Product Analyst

Confirmed live in the last 24 hours

Assurant

Assurant

10,001+ employees

Provides risk management and insurance solutions

Financial Services
Consumer Goods

Compensation Overview

$62k - $103.4kAnnually

Entry, Junior

Remote in USA

Category
Product Management
Product Research
Product
Required Skills
Financial analysis
Requirements
  • A minimum of 2 years of experience in product analysis in Property & Casualty industry.
  • Proven analytical and conceptual thinking skills and a high attention to detail
  • Expert level experience with Excel.
  • Experienced performing effectively when changes in priorities, direction and resources occur.
Responsibilities
  • Ensure integrity of existing products by serving as team member on channel-driven product enhancement projects.
  • Assist in researching business ideas and market opportunities or trends that lead to new product ideas. Assist in effort to analyze financial potential of new product ideas.
  • Understand rate making and product costs (direct and indirect) in analyzing future actions at a state level and rate making exercises.
  • Define and develop new product features, and market positioning based upon customer need and competitive environment.
  • Develop and improve quality standards, administration, policy language and pricing for new and existing products.
  • Develop and present business plans and justification for new business opportunities/new products.
  • Support direction of internal resources and vetting external vendors for effective implementation of new products.
  • Analyze testing of new products and existing products enhancements to ensure product maintains positioning and profitability.
  • Keep up on latest industry and consumer trends by attending educational workshops, reviewing professional publications, Internet research, establishing personal networks, and/or participating in professional societies.
  • Help ensure implementation/testing of new and existing products through internal training and selling of new product ideas to sales force and client contact teams. Assist the client teams by attending client presentations as new product expert when necessary.
  • Provide new thought direction and expertise to channels and client teams by attending brainstorming sessions for marketing, product enhancements or new product ideas.
  • Support geographic-level reporting and analysis. Prepare maps, visual summaries, heat-charts, exposure analysis and other similar reports and analysis to understand product exposures and risk management at a granular geographic level.

Assurant provides risk management solutions that focus on protecting major consumer purchases, particularly in mobile devices, electronics, and smart technology. The company offers insurance products and extended service contracts that help consumers safeguard their investments in high-value items. When a product is damaged or malfunctions, Assurant also provides repair services to restore it efficiently. This approach minimizes the financial impact of unexpected events for individual consumers, businesses, and financial institutions. Assurant differentiates itself from competitors by its strong commitment to diversity, equity, and inclusion, which enhances its corporate culture and helps the company better serve its diverse clientele. The goal of Assurant is to support clients in maintaining their day-to-day operations while fostering an inclusive environment for its employees.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Strategic acquisitions like iSmash and American Financial & Automotive Services enhance Assurant's market position and service capabilities.
  • The company's global presence in North America, Europe, and Asia provides significant growth opportunities and market diversification.
  • Assurant's focus on DEI not only promotes a positive work environment but also attracts top talent and broadens its customer base.

What critics are saying

  • The highly competitive nature of the insurance and service contract markets could pressure Assurant's margins and market share.
  • Integration challenges from recent acquisitions may lead to operational inefficiencies and distract from core business activities.

What makes Assurant unique

  • Assurant's specialization in mobile devices, electronics, and smart technology sets it apart from traditional insurance providers.
  • The company's comprehensive service model, which includes insurance, extended service contracts, and repair services, offers a one-stop solution for consumer protection.
  • Assurant's strong commitment to diversity, equity, and inclusion (DEI) fosters a corporate culture that drives innovation and better customer understanding.

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