Note: The job is a remote job and is open to candidates in USA. Nationwide is a Fortune 100 company focused on helping people protect what matters most. The role of Sr State Product Analyst involves providing analytical support and project leadership to State Managers, contributing to the development and management of products to ensure profitable growth.
Responsibilities
- Performs analysis and provides recommendations to State Management. Works independently, identifying multiple inputs, variables and using business knowledge to fully consider the situation and provide a robust analysis and deployment recommendation. Applies judgment, understanding, and curiosity to data to develop effective recommendations
- Provides rate revision support, including attending meetings, completing checklists, completing analyses
- Reviews competitor filings and collect input from the field about competitor changes. Consolidates and reports on information
- Reviews monthly Profit & Loss statements and other monthly reports, working with State Managers, to identify root causes for variances and emerging trends
- Monitors and reports on progress toward financial goals (Growth, CR, LR, Retention)
- Identifies trends and changes needed to ensure profitable growth
- Works with State Managers to implement state-specific strategies to meet or exceed profit and growth targets
- Monitors financial results, quoting activity, and conversion rate
- Supports state manager with quarterly state forecast reviews
- Communicates results effectively and in a professional manner
- Understands how source data impacts reporting and analysis
- Coordinates and facilitate communication across functions
- Completes ad hoc requests for the State Managers in a timely fashion
Skills
- Proven quantitative analysis skillset
- An ability to generate clear, data-driven insights
- Excellent communication skills
- Knowledge of analytical tools
- Basic knowledge of core business functions
- Underwriting standard methodologies
- Performance measurement techniques
- Systems required
- Basic knowledge of related pricing, marketing, company operations and products
- Strong business software solutions skills utilizing the Microsoft Office suite
- Ability to analyze data, identify underlying issues, devise alternative solutions, select most appropriate action and follow through to completion
- Strong verbal and written communication skills necessary to collaborate with internal and external contacts
- Ability to organize and present detailed analysis, information and concepts
- Ability to prioritize own work/time
- P&C industry experience preferred
- Bachelor's degree in insurance, actuarial science, mathematics, risk management, economics, finance, accounting, business administration or related field preferred
- Progress toward CPCU, AU CIC, INS ARM, Actuarial exams or similar designations preferred
- Three years of experience in property and casualty insurance or related area and experience with data analysis preferred
Benefits
- Medical/dental/vision
- Life insurance
- Short and long term disability coverage
- Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
- Nine paid holidays
- 8 hours of Lifetime paid time off
- 8 hours of Unity Day paid time off
- 401(k) with company match
- Company-paid pension plan
- Business casual attire
Company Overview
Company H1B Sponsorship