Senior Product & Strategy Analyst, Affinity

WTW

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profile Job Location:

Toronto - Canada

profile Monthly Salary: $ 80000 - 100000
Posted on: 11 hours ago
Vacancies: 1 Vacancy

Job Summary

Description

We are seeking an experienced candidate that can support our clients in the credit card embedded insurance and travel insurance space as well as other personal insurance products such as home & auto insurance and creditor insurance. You will work as part of a team that features internal colleagues clients and other external partners from a range of functional and discipline areas such as product actuarial operations project management account management vendor management etc. Your support includes detailed insurance policy structure and language reviews market research on insurance coverages and benefits customer communication reviews customer experience reviews and research product development & improvement and distribution channel development. You will become an expert on market products trends developments capabilities and best practices. Your support will include preparing client materials and presentations as well as participating in client meetings presentations and correspondence. You will also have the opportunity to contribute to our business development initiatives and learn about emerging insurance product lines.

We are a unique consulting practice in the Canadian marketplace that focuses on the development of personal insurance solutions. Our clients generally have large customer or membership bases for a core business that is not insurance. Our clients include large financial institutions retailers associations hospitality providers etc. We work with these clients to develop and optimize program strategies insurance products and coverages and customer experience to help drive their core business and growth plans. We help them drive customer/member engagement retention and business growth. As a Senior Product & Strategy Analyst within our practice you will be on the front lines of insurance product strategy development and enhancement new business development and will be exposed to a variety of lines of insurance business and unique solutions supporting an ever-evolving marketplace.

The Role

  • Lead insurance product and benefit reviews within consulting engagements

  • Conduct research and provide analysis key insights and recommendations related to product strategy new product development channel delivery and/or existing product and policy language review and enhancement assessments

  • Develop and deliver client materials product and benefit reviews with supporting market research presentations client communications workplans and etc.

  • Collaborate with actuarial and analytical team resources to support broader insights into client challenges and opportunities (in conjunction with core strategy product and consulting engagement and oversight)

  • Support the overall project management for engagements across the client team to ensure integration of work with team members and that timelines are achieved

  • Provide ongoing and ad hoc support to other senior consulting team members on various engagements

  • Identify and implement process and efficiency improvements

  • Provide support for new business prospecting and research and the development of proposals



Responsibilities

The Role

  • Lead insurance product and benefit reviews within consulting engagements

  • Conduct research and provide analysis key insights and recommendations related to product strategy new product development channel delivery and/or existing product and policy language review and enhancement assessments

  • Develop and deliver client materials product and benefit reviews with supporting market research presentations client communications workplans and etc.

  • Collaborate with actuarial and analytical team resources to support broader insights into client challenges and opportunities (in conjunction with core strategy product and consulting engagement and oversight)

  • Support the overall project management for engagements across the client team to ensure integration of work with team members and that timelines are achieved

  • Provide ongoing and ad hoc support to other senior consulting team members on various engagements

  • Identify and implement process and efficiency improvements

  • Provide support for new business prospecting and research and the development of proposals



Qualifications

The Requirements

  • University degree in a related discipline

  • 3 years of relevant working experience

  • Experience working with one or more of the following insurance product lines:
    • Travel embedded credit card benefits creditor insurance home & auto insurance pet health insurance life and health benefits that cover individuals and their dependents or other related discipline.

  • Hands-on work experience within one or more of the following functional areas in the insurance sector financial services industry or in the membership and loyalty space:

    • Consumer-focused financial services products (insurance bank product credit card loyalty or other)

    • Product management competitive research strategy development market research and emerging trends new product development customer acquisition channel management distribution new channel development and/or planning cycles

    • Marketing customer research customer communications development of digital consumer facing content contact center operations etc.

    • Claims and underwriting reviews certificate / policy language writing or reviews insurance contracts

  • Ability to summarize and communicate complex details information insights results and other findings succinctly and with clarity both orally and written

  • Can provide thought partnership and out of the box solutions think innovatively and challenge the status quo

  • Problem solving critical thinking and the ability to develop potential solutions for complex business challenges

  • Strong work ethic including ability to show initiative manage multiple priorities multi-task effectively and manage time efficiently

  • Detail oriented with a high standard of quality control organization and resourcefulness

  • Works well in a team environment encouraging other team members and adapting to diverse perspectives

  • Demonstrates strong listening skills

  • Consistently delivers with a positive attitude and integrity across all interactions

  • Power user of MS Office.

Other Valuable Candidate Assets

The ideal candidate will be familiar with and have experience in personal insurance products and partnerships in Canada and has had exposure to the broader financial services industry.

  • Bilingual (English and French)

  • Experience working with formal document reviews and construction insurance contracts certificates and policy language development
  • Claims experience related to reviews adjudication or assessment
  • Experience working with B2B clients in a consulting capacity or within large partnerships
  • Product development and design or strategy
  • Work responsibilities that included customer experience development or marketing
  • Experience working with multiple personal insurance products including creditor insurance travel insurance embedded credit card insurance or home & auto insurance etc.

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The base salary compensation range being offered for this role is $80000-$100000 CAD per year. This role is also eligible for an annual short-term incentive bonus.

Artificial Intelligence (AI) tools may be used in the process to screen assess or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.

This job posting is an advertisement for an existing vacancy.

Equal Opportunity Employer




Required Experience:

Senior IC

DescriptionWe are seeking an experienced candidate that can support our clients in the credit card embedded insurance and travel insurance space as well as other personal insurance products such as home & auto insurance and creditor insurance. You will work as part of a team that features internal c...
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At WTW we provide data-driven, insight-led solutions in the areas of people, risk and capital.

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