Virginia Farm Bureau Federation · 1 month ago
Sr. Insurance Product Data Analyst
Goochland, VA
Full-time
Hybrid
Senior Level
5+ years expVirginia Farm Bureau Federation is seeking a dedicated and insightful Sr. Insurance Product Data Analyst to join their Actuarial team. This role is pivotal in leveraging data analysis to drive business results, focusing on storytelling, curiosity, and intellectual prowess while collaborating with partners across the organization to ensure strategic direction and alignment for successful execution.
Paper & Forest Products
Responsibilities
Analyze and interpret statutory data to ensure compliance and support strategic decision-making
Provide data-driven insights to support reinsurance functions and optimize data calls
Develop and monitor key performance indicators to track business performance and inform strategic initiatives
Prepare and analyze data for AM Best reporting, ensuring accuracy and compliance
Conduct thorough competitive analysis using InsureQuote, SERFF filings, and AM Best resources to inform pricing strategies
Evaluate industry reports and investor presentations to provide actionable insights for strategic planning
Analyze policy structures and pricing models to recommend improvements and optimize profitability and support to our agents/producers
Develop data-driven strategies to enhance market position and competitive edge at the county level
Work with stakeholders across the organization to understand their business reporting needs and translate them into actionable insights
Qualification
Required
Bachelor's Degree (Math, Statistics, Finance, Business, Actuarial Science, Business Analytics or similar preferred)
A minimum of five years of Property & Casualty insurance industry experience in business and financial analytics, data sciences, or similar roles
Strong understanding of insurance definitions, KPIs, and rating plans
Ability to extract and analyze complex data sets to inform business decisions
Demonstrated ability to conduct thorough research and apply critical thinking to solve complex business challenges
Proficiency in financial analysis to support business objectives and strategic initiatives
Effective collaboration with different departments and senior management to drive business success
Strong verbal and written communication skills to convey complex information clearly and concisely
Ability to multitask and prioritize work assignments effectively with moderate guidance
Intermediate proficiency in Excel, including VBA, VLOOKUPs, tables, charts, and graphs
Experience with SQL for data manipulation and analysis
Ability to learn new tools and concepts quickly in a dynamic environment
Benefits
Ongoing job development and support in all roles
Paid training and continuing education reimbursement
Medical and dental insurance available on your first day
Generous employee 401K contribution
Excellent Paid Time off (PTO) plan and more!
Company
Virginia Farm Bureau Federation
Virginia Farm Bureau's mission is to protect and enhance the future of Virginia agriculture and our rural communities.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase