Associate Product Analyst

The Associate Product Analyst will support the Product Management team in the development, maintenance, and enhancement of P&C insurance products. With guidance and mentorship, the Associate Product Analyst will assist in executing product-related tasks such as competitive research, coverage analysis, form development, and requirement documentation. This role is designed to build core competencies in product strategy and start to develop cross-functional collaboration, working with teams in underwriting, actuarial, sales, and project management. The ideal candidate is detail-oriented, analytical, and eager to grow within the insurance industry.

• Conduct routine market and competitor analysis to inform product decisions
• Assist in drafting and reviewing policy language and coverage forms under supervision.
• Assist in gathering and documenting business requirements to support the development and implementation of a new policy administration system, ensuring alignment with product strategy and operational needs
• Support user acceptance testing (UAT) for new product systems or updates.
• Learn regulatory and compliance basics by supporting the preparation of product forms, rules, and filings under guidance from senior team members.

• Curiosity & Willingness to Learn – Eager to build product knowledge, learn policy admin systems, and grow into a product-focused career path.
• Foundational Analytical Skills – Able to work with data and rating information, ask good questions, and connect details to the bigger picture.
• Collaboration & Relationship-Building – Comfortable partnering with teammates and leaders across underwriting, operations, actuarial, and IT to support shared goals.
• Adaptability in a Changing Environment – Open to shifting priorities, new systems, and evolving responsibilities as the company transforms.
• Attention to Detail – Careful and thorough in testing, documentation, and product support tasks to ensure accuracy and compliance.

• 1–2 years of experience in P&C insurance environment.
• Experience with various P&C products and those based on rating bureaus such as ISO or AIB is a plus. PL experience is ideal.
• Experience with SERFF or other rate filing search systems preferred
• Proficient in Microsoft Office (Excel, Word, PowerPoint) with emphasis in Word
• Bachelor’s Degree preferred but not required

ABOUT US: As a mutual company, we are independent by nature, so we think about insurance solutions a little differently. Through listening, problem solving, examining your challenges and collaborating on the right solutions for you, Preferred Mutual independent agents provide flexible solutions and adapt to your evolving needs. We do the same for our employees. We are process and domain experts, focused on the solutions that deliver results for our clients and our company. We offer a great work environment, professional development, challenging careers, and competitive compensation. With Preferred, there are no surprises. You can count on us to deliver on our promises and be there when you need us, as your insurance provider and your employer. Preferred Mutual is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

DISCLAIMER: This role (job) description indicates in general terms, the type and level of work performed as well as the typical responsibilities of employees in this classification. The duties described are not to be interpreted as being all-inclusive to any specific employee. Management reserves the rights to add, modify, change or rescind the work assignments of different positions and to make reasonable accommodations so that qualified employees can perform the essential functions of the job. Nothing in this position description changes the at-will employment relationship existing between Preferred Mutual Insurance Company and its employees.

The salary range for the role is $22.50 to $27.00 per hour, paid on an hourly basis. The rate offered to any candidate will be reflective of the candidate’s experience and any relevant education, certification, or qualifications related to their ability to perform the responsibilities of this position as permitted by law.