[Position]
Product Analyst- Property & Casualty Insurance
[About Our Client]
A leading insurance provider headquartered in South Korea, with a growing presence in the United States. Our company is dedicated to offering innovative, reliable insurance products and is committed to creating a positive work environment where every team member can grow and thrive. We believe in fostering a culture of continuous learning, and we are excited to welcome a new Product Analyst who shares our passion for excellence and innovation.
[Job Summary]
Seeking a motivated and detail-oriented Product Analyst to join our Property & Casualty Insurance team. This position is ideal for a graduate with a degree in actuarial science, mathematics, statistics, or a related field who has a passion for numbers, a keen eye for detail, and a strong desire to learn. The Product Analyst will play a vital role in supporting our team by analyzing data, assisting with product development, and providing insights to optimize our insurance offerings.
[Job Description]
- Support actuarial and statistical analysis to drive informed decision-making
- Manage and update product and rating sheets using Excel to ensure accuracy and consistency
- Assist in pricing and loss ratio analysis across products, lines, and branches to support strategic insights
- Conduct market and competitor benchmarking to inform strategic initiatives
- Assist in the preparation and submission of filings for rate, rule, and form changes
- Generate and analyze underwriting monitoring data to identify trends and areas for improvement
- Support the creation of Property & Casualty market data reports using SAS
- Collaborate with cross-functional teams, including underwriting, claims, and marketing, to gather data and ensure alignment of product goals
- Support rate filings and regulatory compliance by preparing documentation and responding to information requests
- Prepare reports and presentations that highlight findings, trends, and actionable insights
- Continuously learn about the insurance industry and stay informed of changes in regulations, trends, and best practices in data analysis
[Qualifications]
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field-
- Strong analytical skills with a solid foundation in quantitative methods and data analysis
- Proficiency in Microsoft Excel, with familiarity in data analysis tools (e.g., SQL, R, Python) being a plus
- Exceptional attention to detail and commitment to producing accurate and high-quality work
- Excellent communication skills, with the ability to present complex information in an understandable manner
- Self-motivated, with a desire to learn and continuously improve knowledge of the insurance industry
- Ability to work collaboratively within a team and independently when required
Desired Qualifications
- Successfully completed one or more exams from either the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS)