Senior Product Analyst – Personal Auto Insurance

Description

American Freedom Insurance Company (AFIC) is a leader in the nonstandard automobile insurance industry. We are a consistently expanding, midsized, highly profitable company doing business in Illinois, Indiana, Pennsylvania, Tennessee, Texas, and licensed in Ohio. We are looking for a motivated and analytical professional to contribute their skills in a fast-paced and growing organization.

As a member of our Product Management team, the Senior Product Analyst will play an important role in evaluating state performance, analyzing pricing and profitability trends, supporting regulatory initiatives, and identifying opportunities to improve our Personal Auto insurance products.

This position is ideal for an insurance professional with strong analytical skills who enjoys working with data, researching market trends, and translating findings into actionable business recommendations.

Responsibilities

• Analyze Personal Auto insurance performance across multiple states, including loss ratios, premium growth, retention, policy counts, and overall profitability.
• Evaluate pricing strategies, rate changes, underwriting results, and product performance to identify trends, risks, and opportunities for improvement.
• Develop and maintain reports, dashboards, and analytical models to support product strategy and management decision-making.
• Conduct competitive analysis and market research to evaluate pricing, coverage offerings, underwriting practices, and industry trends.
• Support the development and evaluation of rate, rule, and form changes in collaboration with Product Management, Underwriting, Actuarial, and other internal teams.
• Assist with the preparation, coordination, and implementation of state insurance rate and rule filings through SERFF.
• Research state insurance regulations and assist with regulatory inquiries, compliance reviews, and market conduct examination requests.
• Partner with Marketing, Claims, Underwriting, IT, Finance, and other departments to evaluate product performance and implement improvements.
• Identify opportunities to improve profitability, operational efficiency, and the customer and agent experience through data-driven recommendations.
• Utilize analytical tools, automation, and AI-powered technologies to streamline reporting and improve business insights.
• Prepare presentations and communicate findings and recommendations to Product Management and senior leadership.
• Assist with evaluating new market opportunities, product enhancements, and potential state expansion initiatives.

Requirements

• Bachelor’s degree in Business, Finance, Economics, Mathematics, Statistics, or a related field preferred.
• Minimum 3–5 years of experience in the property and casualty insurance industry is required.
• Experience in personal auto insurance, product analysis, pricing, underwriting analytics, actuarial support, or insurance reporting is strongly preferred.
• Strong analytical, quantitative, and problem-solving skills with exceptional attention to detail.
• Experience working with insurance performance data, including loss ratios, premium, retention, rate changes, and profitability metrics.
• Proficiency in Microsoft Excel and the ability to analyze large datasets and develop meaningful reports.
• Experience with SQL, Power BI, Tableau, or other data analysis and visualization tools is a plus.
• Familiarity with insurance rate filings, state regulations, SERFF, or product development processes is preferred.
• Strong written and verbal communication skills, including the ability to explain analytical findings to nontechnical audiences.
• Ability to manage multiple priorities, meet deadlines, and collaborate effectively across departments.
• Interest in leveraging emerging technologies and AI tools to improve analytical efficiency and business performance.

Benefits: AFIC offers a competitive salary and a comprehensive benefits package to support you

• Competitive Salary: Rewarding your expertise and experience
• Bonus Potential: Based on experience
• Financial Security: 401K with up to a 6% company match
• Health & Wellness: Choice of Blue Cross Blue Shield PPO, HMO, or HSA plans, Dental and vision coverage, Access to telemedicine services
• Growth/Stability: Over 12 consecutive years of profitable growth, confirmed by A+ Superior rating by A.M. Best
• Work-Life Balance: Monday-Friday, 8 am-5 pm CST (Hybrid Schedule)
• Holidays: At Least 6 Paid Holidays
• Paid Time Off (PTO): PTO that can be used for vacation, personal, or sick time
• Personal Days: Separate personal days for sickness, family needs, appointments or personal matters
• Employee Recognition: We celebrate work milestones to show appreciation for your contributions
• Professional Growth: Paid training, state licensing reimbursement, and opportunities for advancement
• Positive Culture: Enjoy our inclusive holiday events, employee referral bonuses, virtual team meetings, and more