Product Analyst (Remote Or Hybrid)

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, ESG initiatives and IDE journey.

Our Commercial Lines Product Management team is seeking a Product Analyst. This is a full time, exempt role. This is a hybrid or remote opportunity.

POSITION OVERVIEW: Our Commercial Lines Product Management Organization is seeking a Specialty Product Analyst who provides leadership, support, guidance, and expertise to facilitate the development, maintenance, and implementation of product development in Commercial Lines. This Product Analyst roll will specialize in the Professional Executives lines, focusing on Professional Liability (including Healthcare Professional Liability). Product Analysts are responsible for multiple larger projects and accountable for reporting on and delivering progress within Line of Business/Product functions. Successful Product Analysts will possess subject matter expertise, intellectual curiosity, originality, and ingenuity to execute on assignments.

IN THIS ROLE, YOU WILL:

• Demonstrate basic business acumen, which includes LOB and/or system knowledge.

• Responsible for new regulatory case review and determination of appropriate actions.

• Assist and support Product Managers during the Product Development Life Cycle, from the business & functional requirements phase to Product release including concept, scope, specifications, prioritization, product architecture, implementation, user acceptance testing, quality assurance, deployment, and maintenance.

• Maintain working knowledge and understanding of the insurance product lifecycle (PLC).

• Develop business requirements for form implementation for aligned LOB, as well as automation, testing, execution and defect resolution processes and strategies.

• Be responsible for low complexity form drafting, including creation of the State Amendatory Endorsements and product/structure/process.

• Handle low complexity form objections from state departments of insurance.

• Collaborate on developing solutions and action plans to address opportunities related to projects and products.

WHAT YOU NEED TO APPLY:

• Bachelor's degree required.

• 3-5 years of casualty insurance experience preferred; or any combination of education and experience, which would provide an equivalent background.

• Proficient in Excel, Microsoft Word, and SharePoint.

• Experience with Professional Executive Lines of Business preferred.

• Demonstrates understanding of coverages/forms in one or more Casualty lines of business.

• Demonstrates a basic understanding of Business Insurance.

• Excellent oral and technical writing communication skills.

• Strong ability to influence strategic decisions that support corporate goals.

• Superior interpersonal skills which align with Hanover's CARE values.

CAREER DEVELOPMENT:

It's not just a job, it's a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you - at every level - to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you'll enjoy what you do and have the support you need to succeed.

Benefits include:

• Medical, dental, vision, life, and disability insurance

• 401K with a company match

• Tuition reimbursement

• PTO

• Company paid holidays

• Flexible work arrangements

• Cultural Awareness Day in support of IDE

• On-site medical/wellness center (Worcester only)

• Click here for the full list of Benefits

EEO statement:

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law."

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:

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Other details

• Pay Type Salary

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• Windsor, CT, USA
• Worcester, MA, USA
• Virtual