Sr. Product Development Analyst - Insurance

  • 51799
  • 15 Mar 2020
  • Dryden, NY
  • Manufacturing
  • $80,000 - $100,000
  • Scott Heimberg

Job Description

Senior Product Development Analyst


The Senior Product Development Analyst is responsible for assessing market segments and making recommendations for product strategies related to the development of new products and enhancing current products. They collect and analyze statistical, financial, and competitive information on existing and new insurance products to make recommendations for pricing, underwriting and distribution. This position requires a deep knowledge of the insurance market for commercial insurance lines. Success in this position requires collaboration internally within the company and externally with vendors, competitors and agents.

Direction for this position


  • Analyze market segments and provide recommendations for product strategies
  • Develop and launch new product lines and enhance existing products that optimize service, profitability and risk management
  • Manage projects to ensure statutory compliance with state laws and regulations
  • Supports systems thinking by working with internal and external partners to gain understanding of how changes impact the business. • Develops and maintains extensive network of contacts that provide insight to market trends

Characteristics of Senior Product Development Analyst


  • Innovative, introduces new ideas and methods to improve product offerings
  • Detailed and Organized, pays attention to the specifics and makes a conscious effort to understand causes and effects
  • Collaboration, working with others internally and externally to produce or create something
  • Confidentiality, keeps company business in confidence • Knowledgeable, provides detailed knowledge of the industry and market
  • Project Management, ability to handle multiple projects and tasks at a time accurately
  • Futuristic, identifies trends, opportunities and threats to achieve a long-term company vision 

Required Education and Experience


  • Minimum of 7 – 15+ years of experience in the commercial lines insurance industry
  • Completed 4-year degree is preferred
  • Insurance certification is preferred (CPCU, CIC, ANS, AIC)
  • Expert proficiency in MS Excel working with large data sets and creating visually appealing summary exhibits 


Scott was very great to work with. I always knew where I stood in the process, had great response time with him and was a great person just to talk to and bounce ideas off of. I highly recommend him and feel as if I made a great friend in the process.
Christina Keller