Skip to main content

This job has expired

Product Specialist - Workers' Compensation

Employer
State Auto Insurance Companies
Location
55431, Minneapolis
Salary
State Auto offers competitive salary & benefit options.
Closing date
Dec 22, 2019

Job Details

Responsible for profit and growth for the workers' compensation line of business and takes an active role in formulating and implementing state strategies through increased analysis and focus on competitor behaviors including product and pricing strategies, marketplace dynamics, pricing segmentation and account level analysis. Must work collaboratively with the Worker’s Compensation Product Management team as well with representatives from Product Development, Actuarial, Field Sales, Underwriting, Claims and IT to accomplish goals and objectives.

KEY RESPONSIBILITIES:

  • Ability to analyze and interpret rates, data and trends.
  • Quoting system knowledge.
  • Worker’s Compensation knowledge a plus.
  • Understand basic actuarial concepts such as loss development and trend.
  • Basic understanding of competitive analysis data sources and tools.
  • Basic understanding of rate making concepts.
  • Basis understanding of underwriting principles.
  • Understanding of techniques and models used to forecast insurance financials. Provides forecasts as needed.
  • Understands and is able to access available sources of State Auto and Industry information.

MINIMUM EXPERIENCE/EDUCATION

  • A minimum of 2 years experience and 4 year college degree.
  • Experience with SQL or other advanced data extraction tools is a plus.

Communication and Collaboration Skills:  
Strong written and verbal communication skills are required.
Ability to present results of analyses and projects to team members and various members of leadership.

Problem Solving:
Must possess the ability to interpret complex requirements/issues and work independently.

ABOUT US: 

State Auto offers a competitive salary, an annual bonus program, an excellent benefits program including medical, dental, vision and prescription insurance coverage, life insurance, matching 401(k) plan, flexible spending accounts, tuition assistance, and a stock purchase plan.

State Auto is committed to the principle of equal employment opportunity for all associates and applicants and to providing associates with a work environment that is free from discrimination and harassment. All employment decisions (hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, training and work assignments) are based on business needs, job requirements and individual qualifications without regard to race, color, religion, gender, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, citizenship status, military status, or status as a covered veteran in accordance with applicable federal, state and local laws. State Auto will not tolerate discrimination or harassment based on any of these characteristics.

State Auto is a smoke-free work environment. We utilize drug screening and background checks as conditions of employment. For all exempt positions, we also obtain motor vehicle reports (MVRs).

State Auto will not accept candidates from third-party recruiters without a signed agreement with State Auto.

 

Company

The State Auto Group provides property and casualty products and services, through independent agents and brokers, that enhance the security and financial interests of our policyholders and shareholders.  We were recognized by Forbes magazine as one of America's 50 Most Trustworthy Financial Companies in 2014.

State Auto writes business in 34 states through approximately 3,400 independent agencies. Our 2,000-plus employees work out of the corporate headquarters in Columbus, Ohio, regional offices and centers, and numerous claims service offices throughout our operating territory.

Since 1921, State Auto has had a strong commitment to our agency partners, employees and customers. Relationships matter at State Auto, and maintaining outstanding relationships with all our constituents over the years has helped us build a solid reputation. If you are interested in a career in one of our corporate offices, we promise to share a unified vision, based upon unwavering values, in a supportive atmosphere where you can make significant contributions to the lives of our policyholders and their families.

State Auto provides an environment in which smart, sincere and supportive people can thrive. We take pride in employing talented and motivated individuals while providing a rewarding, diverse and goal-oriented work environment. From accounting to actuarial, IT to training, we offer a variety of career opportunities with competitive salaries and comprehensive benefits. At State Auto, it’s not about your job. It’s about your career. 

State Auto is committed to the principal of equal employment opportunity for all associates and applicants and to providing associates with a work environment that is free from discrimination and harassment.  All employment decisions (hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, training and work assignments) are based on business needs, job requirements and individual qualifications without regard to race, color, religion, gender, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, citizenship status, military status, or status as a covered veteran in accordance with applicable federal, state and local laws.  State Auto will not tolerate discrimination or harassment based on any of these characteristics. 

State Auto is a smoke-free work environment. We utilize drug screening and background checks as conditions of employment.  For all exempt positions we also obtain motor vehicle reports (MVRs).

State Auto will not accept candidates from third-party recruiters without a signed agreement with State Auto.

Benefits of working at State Auto!

  • 401(k), including an automatic 5% company contribution

  • Flexible spending accounts

  • Life insurance equal to your annual salary at no cost; additional coverage available

  • Employee stock purchase plan

  • Paid time off, including vacation, holidays, personal holidays, emergency absence and bereavement

  • Short-term disability and long-term disability

  • Invest a Day, which offers associates a paid day off each year to volunteer in their community

  • No dress code

Company info
Website
Telephone
(833) 724-3577
Location
518 East Broad Street
Columbus, Ohio
43215
US

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert