Overview
On Site
Full Time
Skills
Productivity
Research
Underwriting
Product Management
Analytics
Pricing
Competitor Analysis
Filing
Business Process
Finance
Actuarial Science
Data Integrity
Reporting
Management
Oracle Linux
Training
Mathematics
Economics
Database
IBM Cognos Analytics
SQL
R
Microsoft Power BI
Analytical Skill
Insurance
Communication
Job Details
About Canal Insurance
Canal Insurance Company specializes in insurance for commercial trucking and specialty transportation operations. Canal was founded in 1939 and is located in Greenville, South Carolina. At Canal, we recognize that our success would not be possible without the hard work and dedication of our employees. We know that happiness and productivity go hand in hand, and to that end, we consciously cultivate a culture that enables us to recruit and retain the very best talent in the business.
Associate Insurance Product Analyst
Job Summary: The Associate Product Analyst position is responsible for providing analytical support and analysis for various departments in the company and to all levels of management.
Major Accountabilities:
Qualifications:
Education/Training Requirements: Bachelor's Degree required with concentrations in Mathematics, Economics, Risk and Insurance or Business preferred.
Experience/Specialized Skills: Strong analytical skills required. Advanced computer skills (word processing, spreadsheets, databases, etc.) required. Knowledge and experience in Cognos, SERFF, SQL, R, Power BI, and similar analytical tools preferred. Experience working in the insurance industry is advantageous.
Special Considerations:
Physical Requirements: Constant use of vision, hearing, and communication (oral and written/in-person and via telephone). Frequent concentration, standing, walking, handling, reaching, and grasping. Heavy use of computer and office equipment.
Travel/Hours of Service: Occasional travel may be required. Periodic work outside of standard business hours or on weekends may be required.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Canal Insurance Company specializes in insurance for commercial trucking and specialty transportation operations. Canal was founded in 1939 and is located in Greenville, South Carolina. At Canal, we recognize that our success would not be possible without the hard work and dedication of our employees. We know that happiness and productivity go hand in hand, and to that end, we consciously cultivate a culture that enables us to recruit and retain the very best talent in the business.
Associate Insurance Product Analyst
Job Summary: The Associate Product Analyst position is responsible for providing analytical support and analysis for various departments in the company and to all levels of management.
Major Accountabilities:
- Research and propose to Underwriting & Product Management a monthly analysis of rating variables, factors and other underwriting considerations on a statewide level to maximize profitability and meet market needs.
- Analyze monthly reports and communicate findings to interdepartmental Management in relevant business terms. Suggest and implement enhancements to existing reports for better visibility into our company's performance.
- Serve as departmental resource to Underwriting & Product Management by assessing applicable internal and external data and analytics to prepare recurring and ad-hoc analysis in a clear and concise manner. Highlight the driving factors to Management and recommend adjustment for improvements.
- Assist with the submission of rate and rule filings, including amending the rating manual, handling objections from the DOI and coordinating the implementation of the updated rates with the necessary departments.
- Work closely with Actuarial Department on rate indications, recommended pricing adjustments and DOI justifications.
- Conduct competitor research through online rate filing tools. Review DOI filings for strategic and tactical information.
- Consistently seek to provide additional, pertinent points of analysis in addition to conceptualizing ways to streamline and improve upon existing business processes.
- Act as liaison with Finance, IT, Claims, Actuarial and other departments to validate data integrity and coordinate interdepartmental reporting and analysis activities.
- Perform other duties as assigned by Management.
Qualifications:
Education/Training Requirements: Bachelor's Degree required with concentrations in Mathematics, Economics, Risk and Insurance or Business preferred.
Experience/Specialized Skills: Strong analytical skills required. Advanced computer skills (word processing, spreadsheets, databases, etc.) required. Knowledge and experience in Cognos, SERFF, SQL, R, Power BI, and similar analytical tools preferred. Experience working in the insurance industry is advantageous.
Special Considerations:
Physical Requirements: Constant use of vision, hearing, and communication (oral and written/in-person and via telephone). Frequent concentration, standing, walking, handling, reaching, and grasping. Heavy use of computer and office equipment.
Travel/Hours of Service: Occasional travel may be required. Periodic work outside of standard business hours or on weekends may be required.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.