Work Arrangement:
HYBRID: Qualified candidates should plan to spend time working from home and some time working in the office as part of our hybrid work environment which is defined as residing within a 100-mile radius of the Hubs and Corporate.
Hub Location(s): Bloomington, IL (Corporate); Dunwoody, GA; Richardson, TX; Tempe, AZ
About Us and the Role: Fuel your passion and let your career grow with the Business Markets team in Product Line Management! We are dedicated to uncovering customer needs and improving product value by making insurance easier and preparing for the future. Join a dynamic team where your expertise will directly shape the future of our Business Markets suite of fire products and help us deliver value to State Farm Small Business customers. Are you ready to make a significant impact in a collaborative environment? Our Business Markets team in Product Line Management is seeking an innovative Product Analyst eager to develop and support strategic plans that drive product growth. As a Product Analyst, you will help define the vision and strategy that strengthen our competitive position in the marketplace.
Responsibilities
Day in the Life – As a key contributor, you will drive product success and innovation by:
- Collaborating closely with Underwriting teams to shape and update underwriting philosophy, providing expert review and authority on complex or large-scale risks.
- Driving product evolution across the entire lifecycle, from concept to sunset.
- Serving as a trusted advisor, offering consultative guidance that influences product development and key decisions, supporting profitable growth through ongoing maintenance and modernization.
- Championing the end-to-end customer experience by researching, developing, and executing strategies that enhance engagement across legacy and modern platforms.
- Providing comprehensive, tailored solutions addressing the unique needs of our products.
- Lead research including identification of external trends, cost analysis, and/or statistical analysis on companywide business results to assist with the development and execution of product line vision and strategies.
- Act as a liaison/coordinator across multiple business areas or contacts outside of State Farm.
Qualifications
- Proven experience in Property & Casualty insurance products, preferably within Commercial Lines Property & Casualty markets, including agency, marketing, claims, underwriting, or pricing.
- Knowledge and understanding of the agent’s role in delivering insurance solutions, enabling you to effectively champion products and support customer needs.
- Broad knowledge of industry trends, company issues, competitive environment, and business needs to lead and complete assignments successfully.
- Self-starter with a growth mindset, creativity, and innovation.
- Strong stakeholder engagement and relationship-building skills with the ability to influence at all levels.
- Understanding of underwriting principles, regulatory compliance, and legislative impacts on insurance products. Excellent analytical, organizational, and project management skills with strong attention to detail.
