About this opportunity
Munich Re lists this Senior Product Analyst-Insurance opportunity in batavia, Ohio. Review the employer’s description below for duties, qualifications and application requirements.
Job description
American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property – such as manufactured homes and specialty dwellings – and the recreational market, including boats, personal watercraft, classic cars, and more. Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.
The Product Analyst supports the Line of Business (LOB) pod by delivering analytical and operational expertise across rate, form, rule, and regulatory-driven initiatives. This role informs product strategy through internal performance analysis and external market insights. At higher levels, Product Analysts lead competitive and market intelligence efforts, helping guide pricing, coverage design, and product positioning to support profitability and growth.
Pricing, Modeling & Product Development
Price and execute limited, full, complex, form, and rule product reviews, including development of filings, rules, algorithms, and supporting exhibits
Apply actuarial concepts, business intent, and proposal materials to evaluate and recommend rating structures
Create product forms using proposed language and complete marketing materials for approved revisions
Performance Analysis & Strategy Support
Analyze product performance across rate, retention, and loss ratio metrics to identify improvement opportunities
Collaborate with Actuarial, Finance, and Underwriting to support performance tracking and product optimization
Market Intelligence & Competitive Analysis
Identify and track emerging trends in underwriting, rate actions, and market shifts to inform product strategy
Provide strategic recommendations based on market intelligence and competitive benchmarks (Higher-level Product Analysts lead this function and guide related tactical decisions.)
Quality & Compliance
Conduct peer reviews to uphold analytical accuracy and documentation quality
Support audit functions, including data validation and compliance review activities
Follow PDLC processes and support continuous improvement in workflows and product operations
Strong command of Excel (including macros), MS Office Suite applications, and computer systems.
Knowledge of data gathering and manipulation techniques and tools such as Access, SQL.
Use of RADAR/Earnix for impact, rate structure, quality and market analysis.
Product Analyst I: Emerging understanding of generalized insurance products. Deep understanding of MS Excel, Radar and or Earnix. Able to run complex analysis large data sets using pivot tables.
Product Analyst II: All Level Product Analyst I skills & capabilities plus: 2-6 years of insurance product related experience. Ability to lead full life cycle operations of simple to complex product changes with little supervision.
Product Analyst: All Level Product Analyst I skills & capabilities plus: 7+ years of Insurance Product related experience. Ability to lead full life cycle operations of complex product changes with no supervision.
Bachelor’s degree Business, Accounting, Finance or similar field
MBA or similar advanced degree, CPCU and/or FCAS
We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:
Two options for your health insurance plan (PPO or High Deductible)
Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
Prescription drug coverage (included in your health insurance plan)
Short and Long Term Disability coverage
Vision and dental insurance plans
A retirement savings plan that is 100% company funded
Eligibility to receive a yearly bonus as a Munich Re employee
A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
An on-site complimentary workout facility as well as walking trails on campus grounds
On-site wellness center complete with nurse practitioner
Financial assistance for adoptions and infertility treatment
Tuition assistance and educational achievement bonuses
Paid time off to volunteer in your community
At American Modern, a member of the Munich Re Group of companies , we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We recruit and develop talent with a focus on providing our customers the most innovative products and services.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Sometimes we are fortunate enough to receive a high volume of applications. After reviewing all applications, we will contact only the selected candidates to schedule an interview. Please submit a cover letter with additional information if youre not currently local but intend to relocate for the hybrid schedule.
Applicants requiring employer sponsorship of a visa will not be considered for this position.
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.