UFG offers you an award-winning workplace and a trustworthy, financially stable company. While weve always known our commitment to employees and financial stewardship, it is good to have others recognize our dedicated efforts. We've been named an Iowa Top Workplace by the Des Moines Register for four consecutive years, and included on Forbes Americas Most Trustworthy Financial Companies every year since 2014. Additionally, UFG is a super-regional property and casualty insurer rated A (Excellent) by A.M. Best Company.

The Product Analyst is responsible for product innovation, including building new creative products and updating existing products to enable differentiation, drive profitability, and seize market opportunities for a dedicated line(s) of business. Oversee the research and development of key trends, regulatory changes, market needs and tracking of the product line(s). Assist with the development and implements multi-year strategic plan that positions the product line(s) for profitable growth. Supports UFG objectives through ongoing analysis and monitoring results to ensure alignment to the objectives.

• Evaluate annually, or as needed, coverages for assigned lines of business for product improvement, competitive advantages, or as necessitated by court cases, legislative actions or State Insurance Departments to ensure UFG remains competitive and profitable.
• Collaborate with Product Management Manager and other departments within UFG to create 12 and 24 month revolving roadmap outlining strategic product goals for assigned lines of business.
• Assist with the review and analysis of competitor market intelligence and bureau programs, ISO, AAIS and/or NCCI circulars.
• Build and strengthen relationships with peers, internal and external partners to support completion of projects.
• Draft new coverage forms and changes to existing coverage forms.
• Responsible for tracking line results and pro-actively presenting areas for improvement.
• Prepare filing documents for SERFF providing guidance to filing analysts.
• Provide clear and accurate communication on product decisions.
• Articulate requirements for product changes for system applications.
• Other duties as assigned.

Education:

• Bachelor's degree in business administration, finance, insurance, risk management or equivalent field, or an equivalent combination of education and work experience in a related field.
• Industry designation(s) such as AINS, AU, or CPCU preferred, or actively pursuing recognized insurance designations.

Experience:

• 2+ years of related property and casualty insurance work experience
• Prior experience in product development, forms development and / or underwriting background strongly preferred

Knowledge, skills & abilities:

• Knowledge of ISO, AAIS, NCCI and other bureaus.
• Knowledge of market and competitive research tools.
• Ability to self-manage workload and create priorities to achieve goals set with manager.
• Clear understanding of departmental and enterprise processes.
• Collaborate with internal and external resources to meet customer's needs.
• Motivated and curious, comfortable asking questions and performing research of issues.
• Ability to work in a fast past environment that harbors a positive culture of constant learning and teamwork
• Ability to be creative with solutions.
• Self-confident with the ability to hear and understand others to come up with collaborative decisions.
• Comfortable articulating desired product changes to IT / PMO.
• Knowledge of Excel, Word, SERFF, AM Best, ACL, Guidewire, Smart Communications, Tableau and other software used by UFG.