Product Analyst, Competitive Intelligence

Homesite Insurance Boston , MA 02298

Posted 3 months ago

Homesite Insurance was founded in 1997 and was one of the first companies to enable customers to purchase home insurance directly online, during a single visit. Since then, we've continued to innovate rapidly to meet the needs of our customers and their changing expectations.

One thing that's stayed the same since our founding: our commitment to our customers, partners and employees.

Join us on our journey as we continue to grow into a powerful contender in the field of insurance.

With a variety of new products and a rapidly changing competitive landscape in mind, Homesite is building out a cutting edge competitive intelligence and product strategy team and is looking for analyst level candidates with actuarial, analytical, or product backgrounds. We need your analytical rigor and business acumen as we continue to grow in volume and profitability. Your primary responsibilities will be to utilize market intelligence and competitive intelligence tools in support of product management initiatives, as well as providing the company with information and recommendations regarding new products, new technologies, new market entrants, and other changes within the competitive landscape.

Candidates must be self-motivated, and able to demonstrate interest in learning and participating in a fast-paced, analytical environment. This person will need to be an outside-the-box thinker, interested in pushing boundaries and developing new ways of analyzing, and capitalizing on, opportunities in the marketplace. He/She must be accustomed and willing to work on multiple tasks in parallel while ensuring accuracy of work product.

Responsibilities:

  • Analytical Support: Support product and pricing decisions, working closely with analytics, catastrophe management, countrywide actuarial, state management, and partner management teams

  • Complete Deep Dive Analyses: Analyze Homesite's competitive position with a particular emphasis on pricing levels and product offerings relative to competitors

  • Market Research: Read competitor filings, earnings calls, insurtech blogs, and insurance-related publications to monitor the market and distribute relevant actions taken by competitors

  • Reporting and Database Functionality: Assist in developing reporting and database functionality for other business units to consume, maintain a robust library of all competitive information, and provide updates and in-depth analysis of new competitors and new technologies within the market

  • Project Management: Ability to work collaboratively across a variety of groups and operating companies, pushing work forward and gaining buy-in internally.

Requirements:

  • Education: Bachelor's degree, preferably in actuarial science, economics, mathematics, business or a related field;

  • Relevant Experience: 1-3 years of professional experience in Property & Casualty Insurance is preferred;

  • Software Experience: Experience with Tableau, SAS, R, SQL, Python is preferred, intermediate to advanced skills in Excel and PowerPoint is required;

  • Prioritization: A self-starter who can prioritize rapidly shifting assignments effectively;

  • Structured & Logical Thinking: The ability to understand and analyze business problems and issues, and determine and recommend appropriate frameworks to conduct analyses;

  • Analytical Rigor : Analyze product performance, identify additional areas of research, and recommend improvements;

  • Powerful Communication : The ability to communicate effectively and succinctly across a variety of media including facilitation and presenting results to management

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Product Analyst, Competitive Intelligence

Homesite Insurance