Product Analyst

Description:Under general direction, supports product line and business operations by performing complex research and analysis and monitoring competition. Manages projects that are complex and require greater expertise, typically for the entire product line or multiple regions. Supervises a team of Product Analysts.Qualifications:Information Job SummaryParticipates in the analysis and development of the company's product offerings, pricing, and competitive position for specialty insurance lines, such as personal liability, motorcycle, and watercraft. Coordinates the implementation of new rating plans, underwriting rules, process improvements, and other initiatives to support profitable growth.Job Responsibilities1. Gathers data, conducts analysis, and develops recommendations impacting product features, pricing, underwriting, and distribution. Collaborates with other functional areas such as Sales, Service, Claims, Information Systems, Production, and Compliance to assess the potential effects of these changes and incorporate these considerations into recommendations. 2. Primary contact for regional management on underwriting rules, pricing structure, and performance reporting for assigned product lines.3. Manages the introduction of coverage and rate changes for assigned product lines. Develops business requirements and discusses specifications with Information Systems team. Prepares revisions to underwriting and rating manuals for submission to state regulatory agencies, and drafts responses to questions from regulatory analysts. 4. Assists in special projects by performing analysis upon management request, focusing on the retrieval and evaluation of internal and external data in order to answer key business questions.5. Performs other duties as needed.Bachelor's degree in Business, Management, Mathematics, Finance, Economics or Insurance preferred; or equivalent experience. Approximately 2 to 4 years related work experience required. Proficient in Excel, Access, and PowerPoint, with the desire to learn additional database applications. Must have good organizational, analytical, and communication skills. Must be able to complete assigned projects independently with limited supervision. Basic knowledge of personal insurance principles, regulations, marketplace, and policy coverages preferred. Understanding of common insurance functions such as Sales, Claims, Underwriting, and Actuarial also preferred.Salary/Benefits: Salary commensurate with experienceWe recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following: 401K and retirement plan, Accidental death & dismemberment insurance, Credit Union membership, Dental coverage, Dependent life insurance, Disability insurance, Discounts on automobile and homeowner's insurance, Employee life insurance, Long-term care insurance, Medical coverage, Paid time-off, Pay-for-Performance, Reimbursement accounts, Tuition reimbursement, Vision care coverage, and Work/Life resources.Job Location: Boston, MAJob Number: 36637BRCompany URL: http://www.libertymutual.comCompany Profile:About Liberty Mutual Group Boston-based Liberty Mutual Group is a diversified global insurer and sixth largest property and casualty insurer in the U.S. based on 2006 direct written premium. The Company also ranks 95th on the Fortune 500 list of largest corporations in the U.S. based on 2006 revenue. As of December 31, 2007, Liberty Mutual Group had $94.7 billion in consolidated assets, $82.3 billion in consolidated liabilities, and $25.9 billion in annual consolidated revenue. Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, assumed reinsurance, fire and surety.Liberty Mutual Group (www.libertymutual.com) employs over 40,000 people in more than 900 offices throughout the world. Job Information Location: US-MA-Boston Salary: Salary commensurate with experience Status: Full Time, Employee Job Category: Accounting/Finance/Insurance Relevant Work Experience: 2+ to 5 Years Career Level: Manager (Manager/Supervisor of Staff) Education: Bachelor's Degree Contact Information