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 to them. The Sr State Product Analyst - Personal Lines will provide analytical support and project leadership to help State Managers achieve strategic goals, gathering and analyzing data to identify trends and opportunities for product 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, and 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