Product Analyst

Join Grange Insurance Association, a well-established leader in the insurance sector for over 130 years! Headquartered in the city of Seattle, with a footprint stretching across six Western states, we've been protecting families, farms, and businesses with unwavering commitment. As you embark on a fulfilling career with Grange, discover why our average employee tenure surpasses a decade. Make your mark with an organization that values quality, service, and the lasting impact you can bring!

This is a hybrid position, requiring 2 days a week in the Seattle office.

Position Overview:

The Product Analyst supports the advancement of the company's Property & Casualty insurance products through a data-driven, AI-first, and digital-enabled approach. In partnership with the Product Manager, the role supports product development, performance monitoring, and ongoing enhancements, delivering insights that improve profitability, inform product strategy, and enhance underwriting performance and outcomes.

Working cross-functionally with Product, Underwriting, Actuarial, Claims, and Information Technology, this role collaborates to incorporate analytics, automation, and emerging technologies into decision-making processes -supporting efficient workflows, improved underwriting consistency, and scalable operations.

Key Responsibilities:

Product Performance & Portfolio Analytics

• Analyze dashboards and reports to highlight insights across key metrics (loss ratio, combined ratio, growth, and retention).
• Support portfolio analyses by state, underwriting segments and geography.

Collaborate with Underwriting and Actuarial to assess product performance and contribute to improvement opportunities. Product Development & Maintenance Support product development efforts, including coverage updates and enhancements. Assist with updates to rating manuals and underwriting guidelines.Contribute to product lifecycle activities (concept through implementation) and performance monitoring. Regulatory & Filing Support Assist with preparation of rate, rule, and form filings.Collaborate with compliance and internal stakeholders as needed. Market & Competitive Analysis Monitor competitor offerings and market trends.Provide supporting insights to inform product positioning and strategy. Data, Technology & Process Improvement Collaborate with analytics and Information Technology teams to enhance operational reporting.Support efforts to improve product and underwriting workflows through automation and data utilization.Assist in translating product needs into business requirements for technology teams.Highlight segments where automated decisioning may require additional review, including complex or region-specific risks.Provide input into risk selection and mitigation approaches, such as inspections, telematics, or property-level risk improvements. Cross-Functional Collaboration Collaborate with Product, Underwriting, Actuarial, Claims, and IT teams.Build effective working relationships across business and technical teams.Support product reviews, performance monitoring, and continuous improvement efforts.

Qualifications:

REQUIRED:

Bachelor's degree in business, Risk Management, Finance, Economics, or related field.2-4 years of experience in Property & Casualty insurance, analytics, or related field.Foundational understanding of underwriting, rating, and insurance product structures.Strong Excel and PowerPoint skills.Strong communication and collaboration skills.

PREFERRED:

Experience with analytical tools such as Power BI, Tableau, or SQLExposure to data, automation tools, or AI-enabled insurance technologies.Ability to translate data into clear insights into recommendations.Progress toward or interest in professional designations (CPCU, ARM, or AINS)

Comprehensive Benefits:

Pay Range: $76,041 - $139,678Flexible hybrid work schedule (2 days per week in Seattle office required)Medical, Dental, and Vision plans401(k) plan with up to 5% matchEmployer sponsored LTD, life insurance, and AD&DDiscretionary profit sharing and bonusesFully subsidized ORCA card and/or free parking for Seattle employeesEducation ReimbursementOn-Site Fitness CenterOpportunities for career growth and advancement within the organization.A supportive and collaborative work environment.Ongoing training and professional development opportunities.

How to Apply:

If you are passionate about helping people, have a strong understanding of property & casualty products, and are ready to join a dynamic team, we encourage you to apply.

Grange Insurance Association is an equal opportunity employer and welcomes all qualified candidates to apply.

Grange Insurance Association is committed to ensuring a diverse and inclusive workplace where all employees are treated with respect and dignity. We encourage applications from candidates of all backgrounds and experiences.

Compensation details: 78 Yearly Salary

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