Product Analyst, Sharing Economy

Responsibilities

• Develop and apply key insights for commercial insurance exposures and products within the sharing economy.
• Create and support innovative large commercial products tailored for Transportation Network Companies, Delivery Network Companies, and Last Mile Delivery Companies.
• Serve as a subject matter resource for the organization on P&C commercial lines specific to the digital economy.
• Collaborate with enterprise departments including claims, actuarial, risk management, legal, and underwriting.
• Apply expertise in the E&S market to grow State Farm's Sharing Economy Practice.
• Advocate for the unique needs of Sharing Economy policyholders and share industry knowledge to enhance product offerings.

Requirements

• Minimum of 3 years of experience in the Excess and Surplus (E&S) or non-admitted market.
• Advanced knowledge of the P&C industry, including underwriting concepts, practices, and procedures.
• Experience with large, complex auto coverages.
• Experience with non-admitted reporting.
• Strong project management skills with the ability to drive projects to completion.
• High-level understanding of P&C rate making, policy/forms creation, and filings.

Preferred Qualifications

• Experience from a carrier or broker perspective within the E&S market.
• Direct experience with the primary level insurance needs of Sharing Economy companies.
• Knowledge of sharing economy, commercial lines, and auto underwriting.
• Experience working directly with insurance brokers.

Benefits

• Competitive compensation with potential yearly incentive pay of up to 15% of base salary.
• Robust health and wellbeing programs, including medical, vision, dental, and telemedicine.
• Educational benefits including industry-leading training and tuition assistance.
• Generous time off policies, including paid holidays, parental leave, and community service support days.
• Retirement planning with a 401(k) plan featuring company contributions of up to 7%.

About the Company

State Farm is a leading insurance provider dedicated to being a good neighbor by helping people and investing in communities. We focus on innovation and excellence to provide industry-leading protection and support for our customers.