Insurance Product Analyst

Summary

Join Lemonade as an Associate Insurance Product Analyst and contribute to building the most beloved Property insurance. Collaborate with Actuarial, Insurance Operations, and Underwriting experts to ensure profitable growth of Lemonade's Property line, crafting a delightful customer experience. Drive the product roadmap, monitor key initiatives, and advance countrywide forms, policy language, and pricing plans. Partner with actuarial and underwriting experts to develop coverage, pricing, and eligibility requirements. Collaborate with the Insurance Operations team to facilitate regulatory approvals for new features and work closely with the Product team for implementation. Research market trends and competitor actions to make recommendations for profitable growth. Gather product specification documents to identify project requirements, measure the impact of product changes, and manage the effectiveness of current product performance.

Requirements

• 4+ years of P&C experience, with a minimum of 2 years of relevant personal lines experience (homeowners insurance strongly preferred) in product development, product management or state management
• B.A. in Finance, Economics, Actuarial Science, Statistics, Insurance, or related field
• Exceptional analytical skills and attention to detail, with a knack for identifying trends and taking action
• Advanced Microsoft Office skills (including MS Word, Powerpoint, and Excel)
• Superior organizational and project management capabilities, comfortable managing multiple complex priorities in a fast-paced environment
• Strong collaborative spirit and exceptional written and verbal communication skills

Responsibilities

• Advance our countrywide forms, policy language, and pricing plans
• Partner with actuarial and underwriting experts to work on the development of coverage, pricing adequacy and accuracy, and eligibility requirements
• Collaborate with the Insurance Operations team to facilitate regulatory approval for new features—such as rate changes or product enhancements—and work closely with the Product team to implement them
• Research market trends and competitor actions and make relevant recommendations to profitably grow the homeowners business
• Gather product specification documents to identify project requirements
• Measure the impact of product changes to support learnings for the future
• Manage effectiveness of current product performance, monitoring results and recommending improvements and enhancements

Preferred Qualifications

Strong technical skills with SQL, Looker, or similar systems, including building dashboards or reports, preferred

Benefits

• Ability to work remotely
• Lemonade's US base salary range for this full-time position is $85,000-107,500 + equity + benefits