Product Analyst, Commercial Insurance

About MGT Insurance

MGT is the first AI-driven neo-insurer focused on evolving commercial P&C insurance for the brokers and small business owners. By combining the expertise of industry veterans with state-of-the-art technology we are ushering in the next evolution of commercial insurance and working to move the industry forward through the use of modern technology better processes and a rock-star team. We seek visionary leaders who thrive in dynamic entrepreneurial settings and excel in autonomous roles.

Job Summary

The Product Analyst Commercial Insurance supports the Sr. Commercial Product Leader across all product development pricing research and filing activities. This role is ideal for an early-career insurance professional with strong analytical and technical skills who is excited to learn innovate and contribute to building modern commercial insurance products.

The Product Analyst will play a key role in product development projects actuarial and competitive research regulatory filings data analysis pricing model support and development of forms and coverage structures. This role is highly cross-functional partnering with underwriting actuarial claims compliance engineering and data teams.

Key Responsibilities

Product Development Support

• Assist in developing and enhancing commercial P&C products across multiple lines of business.
• Support the Sr. Commercial Product Leader in drafting product requirements preparing product documentation and coordinating cross-functional workstreams.
• Participate in the research planning and evaluation of new product initiatives.

Analytics & Pricing

• Conduct data analysis to support pricing product design risk segmentation and rate adequacy.
• Build and maintain analytical models using SQL Python R SAS or other statistical tools.
• Assist in monitoring product performance including loss trends underwriting patterns and competitive benchmarks.
• Support the development of rating structures and pricing models for new and existing products.

Regulatory Filing Support

• Assist with state filing activities including preparing components of filings compiling exhibits and supporting responses to regulator questions.
• Help maintain organized documentation and filing artifacts for tracking and compliance.

Market Research & Competitive Analysis

• Conduct research on competitor forms rates rules and market trends to inform product decisions.
• Support competitive analysis that informs coverage design pricing and product positioning.

Cross-Functional Collaboration

• Work closely with underwriting actuarial claims compliance and engineering teams to support product implementation and updates.
• Assist with product testing and validation during system implementations or upgrades.
• Work on projects and initiatives supporting the Sr. Commercial Product Leader across product strategy enhancement and modernization efforts.

Additional Responsibilities

• Help create dashboards reports and insights using tools such as Power BI or other visualization platforms.
• Support documentation training materials and product communications.
• Contribute to automation and workflow improvements using AI tools including OpenAI platforms (a plus).

Qualifications

Experience

• 3 years of experience in the insurance industry including roles in underwriting claims product actuarial support or data analytics.
• Experience working in an analytical capacity preferred (pricing analytics modeling or quantitative problem-solving).
• Hands-on experience with SQL Python R SAS or similar tools.
• Experience with visualization tools (Power BI preferred).
• Experience with insurance product management or product development processes is a plus.
• Experience working with AI tools (including OpenAI platforms) is a bonus.

Education

• Bachelors degree required ideally in Business Math Statistics Economics Finance Insurance Data Science Actuarial Science or related fields.
• Masters degree is a plus.
• Insurance certifications (CPCU AINS ARM etc.) are a plus.

Knowledge & Skills

• Strong analytical and quantitative skills; ability to manipulate and interpret data.
• Curiosity and a desire to learn commercial insurance product development.
• Excellent problem-solving skills with attention to detail.
• Effective communication skills both written and verbal.
• Ability to manage multiple tasks and deadlines in a dynamic fast-paced environment.
• Basic understanding of commercial P&C insurance products coverage concepts or rating principles preferred.

Compensation:
The base salary range for this role is $110000 $150000 depending on experience and location with eligibility for bonus equity and a competitive benefits package.

We recognize that no candidate will meet every qualification and encourage individuals with relevant experience and interest in the role to apply.

Please note:MGT does not accept unsolicited resumes from staffing vendors including recruitment agencies and/or search firms. Please do not forward resumes to our jobs alias MGT employees or any other company location. Any submittals without a prior signed agreement will become property of MGT.

Our Commitment to Diversity Equity & Inclusion

At MGT inclusion drives excellence and belonging sustains it. We believe diverse perspectives make us stronger more innovative and more connected to the people we serve. We value every voice champion equity and create space where all people can grow and succeed together.

Equal Employment Opportunity Statement

MGT is proud to be an Equal Opportunity Employer. We do not discriminate in employment opportunities or practices based on race color religion gender gender identity or expression sexual orientation national origin age disability genetic information marital status military or veteran status or any other status protected by applicable law.

All employment decisions are based on qualifications merit and business needs. We are committed to providing reasonable accommodations for qualified individuals with disabilities throughout the application and employment process. If you need assistance or accommodations please contact us at .

Disclaimer

This job description is intended to outline the general nature and level of work performed by employees in this role. It is not an exhaustive list of all responsibilities duties or qualifications required. MGT Insurance reserves the right to modify interpret or apply this job description in any way the company deems appropriate.