MilfordRecruiter Since 2001
the smart solution for Milford jobs

Product Analyst II

Company: Plymouth Rock Management Company of New Jersey
Location: Red Bank, NJ
Posted on: May 23, 2018

Job Description:

Plymouth Rock Management Company of New Jersey

Title: Product Analyst II (Red Bank, NJ)

Description:

Duties: Working under the direction of Product Manager, will contribute

to the development of the company’s product features, pricing and

competitive position. Will analyze business issues and provide

recommendations for the implementation of new rating plans, underwriting

rules, process improvements, and other initiatives to support profitable

growth and improve competitive position. Specifically:

• Understands predictive modeling and other quantitative concepts

and serves as a resource to other Product Analysts in interpreting these

concepts for business application.

• Develops and presents a comprehensive review of the products

he/she is responsible for.

• Examines the impact of changes in state regulatory environment

on the product and business processes and proposes necessary changes.

• Designs, reviews, and analyzes monthly and quarterly reports

used to manage the company’s financial and operational performance, as

well as ad hoc analyses as needed.

• Analyzes competitive data, identifies trends and opportunities.

Recommends areas for enhancement to products to improve competitive

position.

• Plays a key role in User Acceptance Testing, product

verification and product implementation.

• Assist with annual loss and premium budgets.

• Effectively uses available tools and data systems to identify,

test and solve strategic business issues within the company

data/reports, troubleshoots when there are inconsistencies and presents

findings to management.

• Collaborates with the Actuarial team and other functional areas

such as Customer Service, Marketing, Claims, Finance, Information

Systems, and Senior Management to assess the potential effects of

product changes and incorporates these considerations into

recommendations.

• Constructively challenges current processes and proposed

solutions to obtain the best outcome.

Education and Experience:

Master’s degree in Statistics, Mathematics, Finance, Actuarial Science

or a related quantitative field (or foreign educational equivalent) and

two (2) years of experience performing risk management.

Special Requirements:

Also requires demonstrated expertise (DE): utilizing SQL to develop

reusable scripts and stored procedures with relational databases; DE

utilizing SAS, Excel, including VBA, or comparable statistical tools to

perform advanced statistical analyses; DE using Tableau to create

visualization and present data in a manner that is functional to upper

management; and DE performing statistical analyses on historical loss

cost to forecast future loss cost and assess expected close rate.

Requires ASA or ACAS designation.

To apply please email resume clearly referencing Job Code # JO-1805-1642

to recruit@plymouthrock.com

Keywords: Plymouth Rock Management Company of New Jersey, Milford , Product Analyst II, Insurance , Red Bank, NJ, Connecticut


Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest Connecticut jobs by following @recnetCT on Twitter!

Milford RSS job feeds