Commercial Lines Product Analyst (Hybrid - Webster or Boston)

About the Position

Commercial Lines Product Analyst (Hybrid - Webster or Boston)

This is an exciting opportunity to join a Commercial Lines organization undergoing significant transformation and investing in the future of its products, capabilities, and analytics. As a Commercial Lines Product Analyst, you will play a key role in shaping profitable growth by supporting the development, enhancement, and ongoing management of Property & Casualty insurance products, with a particular emphasis on liability-focused products, coverages, and emerging risk exposures.

In collaboration with Product, Underwriting, Analytics, IT, and Operations teams, you will leverage data and market insights to support product strategy, business performance, and growth initiatives.

Key Responsibilities

• Analyze and effectively communicate market changes, industry trends, competitive dynamics, and other critical insights that impact product performance and operations.
• Partner with insurance vendors and underwriting service providers supporting new product launches and ongoing product maintenance, including reviewing contracts, assessing vendor performance and efficiency, and quantifying recommendations.
• Collaborate with Legal and State teams to update policy language or develop new forms to ensure compliance with regulatory requirements and alignment with strategic objectives.
• Build comprehensive, well-documented business requirements for the IT department and partner closely with IT to ensure accurate and timely implementation of product changes.
• Collaborate with state teams representing national products on countrywide projects and strategic initiatives.
• Develop clear, comprehensive, and well-written proposals for review by senior leadership, including presenting recommendations and findings to key stakeholders.
• Leverage advanced Excel capabilities to build pivot tables, create cross-tabulations, apply formulas, analyze and manipulate data, and develop charts and visualizations that clearly summarize analyses.
• Demonstrate strong attention to detail while effectively managing multiple tasks and priorities in a fast-paced environment with limited supervision.
• Utilize advanced Excel skills to summarize, analyze, and visualize data in support of product recommendations.
• Apply end-to-end knowledge of insurance operations, understanding how all aspects of the business work together.
• Proactively communicate market developments, upcoming products, and industry trends to impacted departments across the organization.
• Conduct market and regulatory research using tools such as rate and form circulars issued by rating bureaus.

Requirements

• Bachelor’s degree or professional-level knowledge in a specialized field, or equivalent related experience.
• 2–4 years of relevant experience, or an associate’s degree with 4–6 years of equivalent experience.
• Commercial Lines experience is preferred, with emphasis on Property, General Liability, BOP, and Commercial Auto coverage.
• Basic project management skills.
• Strong qualitative analysis and critical thinking skills.
• Intermediate proficiency in Microsoft Excel, Word, and PowerPoint.
• Working knowledge of Snowflake and/or other data analysis tools preferred.

We Offer

• Purpose & Culture: Join a company built on trust, collaboration, and inclusion. Our values guide everything we do, creating a workplace where people feel respected and empowered.
• Career Growth: Advance your skills through tuition reimbursement, leadership programs, and internal mobility opportunities. Your development is our priority.
• Social Responsibility: Contribute to meaningful initiatives through Fundación Mapfre, supporting communities and sustainability worldwide.

Pay Transparency: The typical starting salary range for this role is determined by several factors including skills, experience, education, certifications, and location. Some roles at Mapfre are eligible for commission and/or bonus earnings, in addition to salary, calculated based upon factors set forth in the compensation plan for the role.

Salary Range: $63,300 - $115,100

Benefits Highlights:

• Paid Time Off (PTO): A flexible PTO program that combines vacation, personal, volunteer, and sick time into one convenient bank of paid time off.
• 401(k) & Profit Sharing: Eligible employees may participate in Mapfre's 401(k) plan that includes company matching contributions up to certain amounts under the terms of the plan.
• Medical, Dental and Vision Coverage: Choice of comprehensive medical, dental, and vision insurance coverage under group plans offered by the company.
• Other Benefits Include: STD, LTD, Life Insurance, FSA, HSA, and various wellness programs

Benefits provided are subject to the terms and conditions of the applicable benefit plan or policy. The Company reserves the right to alter, amend, or terminate benefits in its sole discretion. To learn more about our benefit offerings please visit: Mapfre Benefits

If you require a reasonable accommodation during the application or selection process, please contact the Mapfre Talent Acquisition team at [email protected]. Mapfre is proud to be an Equal Opportunity Employer.

Important Notice:

The information above is intended to provide a general overview of available benefits. Eligibility, plan provisions, and coverage are governed by the terms and conditions of the applicable benefit plans and policies, which may be modified from time to time.

About the Company

MAPFRE is a global insurance leader with a strong local presence, offering a purpose-driven career where your growth, well-being, and impact truly matter.

Nearest Major Market: Worcester

Job Segment: Liability, Compliance, Product Manager, Underwriter, Insurance, Legal, Operations, Marketing

Apply now »