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Auto Club Group Insurance

Product Management Analyst II- P&C Insurance

Posted Yesterday
Be an Early Applicant
In-Office or Remote
13 Locations
Mid level
In-Office or Remote
13 Locations
Mid level
Provide product management support for P&C insurance: analyze pricing, statistics, regulatory and marketing data; support rate, rule and policy revisions; create and manage policy document mock-ups; lead project portions; research industry trends; present recommendations; liaise with teams and vendors; train junior analysts.
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It’s a great time to join AAA The Auto Club Group! 

JOIN THE TEAM COMMITTED TO DRIVING YOUR CAREER FORWARD

Job Type:

Full time

 

Exempt/Non Exempt:

 

Salary

Job Description:


 

This position is currently able to work remotely from a home office location for day-to-day operations unless occasional travel for meetings, collaborative activities, or team building activities is specified by leadership. This is subject to change based on amendments and/or modifications to the ACG Flex Work policy.

Product Management Analyst II - Fremont Insurance

What you will do:

Under minimal supervision and guidance provide product management support to assigned region on pricing, statistical, regulatory and marketing aspects of a given product or state.  Responsible for gathering, monitoring, analyzing and interpreting data for assigned product, pricing and marketing areas/business units.  Handle moderate to complex assignments.  Identify issues and opportunities for enhancements.  Use knowledge and experience to take a new perspective on existing solutions to resolve complex problems.  Assist in developing recommendations for effective business solutions.  Present recommendations for improvements to management. 

Participate in and/or lead portions of projects/processes associated with the implementation of new products, programs, standards and/or procedures.  Participate in the development and implementation of rate, rule and policy revisions.

Research and analyze industry legislation and maintain up-to-date knowledge of new trends and developments that affect property/casualty insurance products/programs.  Provide business unit/process support regarding new trends and developments that affect property/casualty insurance/club products/programs. 

May represent the company with vendors, insurance companies and insurance regulatory bodies/club.  Act as a resource for less experienced staff.

  • Create mock-ups of policyholder documents using examples of current and “sister” documents, business direction, and ancillary information

  • Track, manage and report status of all mock-ups being delivered. This includes packaging up batches (groups) of documents each week.

  • Ensure updates are made based on feedback which may include facilitating decisions when feedback is not straightforward or conflicting

  • Send back any necessary revisions and update commentary to reviewers

  • Gather appropriate sign-off communication

Supervisory Responsibilities:

None

How you will benefit:

  • A competitive annual salary between $65,000 - $100,000 with annual bonus potential based on performance

  • ACG offers excellent and comprehensive benefits packages, including:

  • Medical, dental and vision benefits

  • 401k Match

  • Paid parental leave and adoption assistance

  • Paid Time Off (PTO), company paid holidays, CEO days, and floating holidays

  • Paid volunteer day annually

  • Tuition assistance program, professional certification reimbursement program and other professional development opportunities

  • AAA Membership

  • Discounts, perks, and rewards and much more

Required Qualifications (these are the minimum requirements to qualify)

Education (include minimum education and any licensing/certifications):

  • Bachelor’s degree in Marketing, Finance, Mathematics, Statistics, Actuarial Science, Business Administration or a related field OR a combination of college coursework and equivalent work experience.

Experience:

  • Using PC software applications: Word, Excel, Access, SAS or Adobe Professional

Experience in at least two of the following:

  • Researching and developing new property/casualty insurance products

  • Developing property/casualty insurance programs, standards, and procedures

  • Pricing new/current property/casualty insurance products or statistical work

  • Underwriting property/casualty insurance products

  • Marketing or sales of property/casualty insurance products

  • Adjusting personal and/or commercial lines property/casualty claims

  • Working with technology teams and user experience teams in creating and delivering online/mobile/insurance platform capabilities

Knowledge and Skills:

Knowledge of:

  • techniques, practices, and theories in product, pricing, statistics or marketing

  • the role of each department involved in program development and implementation

  • market and research concepts and techniques

  • reinsurance principles

  • ISO or similar rating bureau system

  • Take initiative to seek answers if not readily available

  • Collaborate with other areas on policy forms review, modification and approval

Ability to:

  • demonstrate analytical and problem solving skills

  • plan, organize, gather, analyze and convert data from numerous sources to satisfy reporting requirements and deadlines

  • conduct and coordinate quantitative and qualitative market research

  • analyze current products to revise/develop new P&C and membership insurance related programs/coverages

  • lead initiatives within projects that have multi-functional, multi-divisional, or company-wide impact

  • assist in developing strategies for market penetration

  • participate in rate making or policy language analysis and decision-making discussions with product manager

  • communicate effectively with others in a work environment to include making presentations to various recipients

  • represent the department on inter-departmental teams

  • serve as a liaison with operations, information systems, claims, corporate functions, underwriting and product managers regarding product, pricing, or marketing responsibilities

  • train and assist junior analysts

Preferred Qualifications

Education:

  • CPCU, IIA, LOMA, CAS or other insurance-related coursework

  • Master’s degree in Marketing, Finance, Mathematics, Statistics, Actuarial Science, Business Administration or a related field OR a combination of college coursework and equivalent work experience

Experience:

  • working as an analyst in a product management or product development environment

  • writing and/or testing detailed requirements

Knowledge and Skills:

Knowledge of:

  • regulations, policies and procedures of various state insurance regulatory agencies

Ability to:

  • become adept at using InDesign or other similar software

Work Environment

This position is currently able to work remotely from a home office location for day-to-day operations unless occasional travel for meetings, collaborative activities, or team building activities is specified by leadership. This is subject to change based on amendments and/or modifications to the ACG Flex Work policy.

Who We Are

Become a part of something bigger.

The Auto Club Group (ACG) provides membership, travel, insurance, and financial service offerings to approximately 14+ million members and customers across 14 states and 2 U.S. territories through AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second largest AAA club in North America.

By continuing to invest in more advanced technology, pursuing innovative products, and hiring a highly skilled workforce, AAA continues to build upon its heritage of providing quality service and helping our members enjoy life’s journey through insurance, travel, financial services, and roadside assistance.

And when you join our team, one of the first things you’ll notice is that same, whole-hearted, enthusiastic advocacy for each other.

We have positions available for every walk of life! AAA prides itself on creating an inclusive and welcoming environment of diverse backgrounds, experiences, and viewpoints, realizing our differences make us stronger.

To learn more about AAA The Auto Club Group visit www.aaa.com

Important Note:

ACG’s Compensation philosophy is to provide a market-competitive structure of fair, equitable and performance-based pay to attract and retain excellent talent that will enable ACG to meet its short and long-term goals. ACG utilizes a geographic pay differential as part of the base salary compensation program. Pay ranges outlined in this posting are based on the various ranges within the geographic areas which ACG operates. Salary at time of offer is determined based on these and other factors as associated with the job and job level.  

The above statements describe the principal and essential functions, but not all functions that may be inherent in the job.  This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.  Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.

The Auto Club Group, and all its affiliated companies, is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.

Regular and reliable attendance is essential for the function of this job.

AAA The Auto Club Group is committed to providing a safe workplace. Every applicant offered employment within The Auto Club Group will be required to consent to a background and drug screen based on the requirements of the position.

Top Skills

Access
Adobe Professional
Excel
Indesign
SAS
Word

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