At COUNTRY Financial, our State Product Analyst is accountable for supporting the growth and profitability through analysis, action development, and implementation within assigned state(s) for auto and homeowners insurance. Geographic area depends on population size and market/regulation characteristics. With State Product Managers, analysts will develop and strengthen relationships with many partners in the development, implementation, monitoring of actions and tactics. These areas include but are not limited to relevant departments, such as Sales, Marketing, Actuarial/Pricing, Claims, Underwriting, Customer Service, and outside contracts (agents, regulators and industry groups).
Drive the successful development of new products and the effective management and enhancement of existing products by making recommendations regarding product design, pricing, underwriting, agency management, distribution, claims and other processes.
Ensures overall goals for production and underwriting profitability are met by analyzing premium rates, loss experience and retention.
In conjunction with other functional partners on a geographic team, develop profitable growth strategies and translates business ideas and market opportunities into new product ideas by researching and maintaining awareness of all major competitors' current market positions (i.e., rates, service levels, financial positions and operating strategies), business directions, financial dynamics, and new technologies.
Develops working relationships across functional areas in the organization.
Demonstrated leadership skills
Exhibits excellent oral and written communication skills
Displays advanced analytical and problem-solving skills
Possesses a well-developed detail orientation and excellent critical thinking, prioritization, organizational, and research skills
Exposure and experience using data analysis tools including Tableau, MS Excel, or equivalent
Bachelor’s degree in: Economics, Finance, Actuarial Science, Mathematics/Statistics, Risk Management and Insurance, Engineering, or other business-related majors
Normal office environment.
Work may extend beyond normal business hours as business needs dictate.
COUNTRY Financial does not generally sponsor individuals for employment-based visas for this position.
COUNTRY Financial has helped families protect what they have, save for a comfortable future and achieve financial security for nearly 100 years.
We offer a full range of insurance and financial products and services, including auto, home, life, and commercial insurance, and retirement planning, investment management and trust services, to nearly 1 million households and businesses.
The organization’s more than 5,000 financial representatives and employees work closely with customers to create insurance and investment programs that meet their financial objectives.
We care about the community, supporting national and regional non-profit groups across the country.
We’ve delivered on our promises to customers since 1925, when a group of Illinois Farm Bureau members established the insurance company to provide fire insurance on their property. Auto insurance was added in 1927, followed by life insurance in 1929.
COUNTRY Financial is headquartered in Bloomington, IL and has revenue of $3.5B.