Associate Product Analyst - College Entry Level - Safeco - Fairfield, OH

Associate Product Analyst - College Entry Level - Safeco - Fairfield, OH

Title: Associate Product Analyst - College Entry Level - Safeco - Fairfield, OH
Location: US-OH-Fairfield
Other Locations:
Launch your career at Safeco, a member of Liberty Mutual - A Fortune 100 Company!

For more than 95 years, our purpose has been to help people live safer, more secure lives and we look for employees with the drive, commitment and passion to help us make that happen.

Boston-based Liberty Mutual Group is a diversified global insurer and fifth largest property and casualty insurer in the U.S. based on 2008 direct written premium. The Company also ranks 71ston the Fortune 500 list of largest corporations in the U.S. based on 2009 revenue. As of December 31, 2009, Liberty Mutual Group had $109.5 billion in consolidated assets, $95.0 billion in consolidated liabilities, and $31.1 billion in annual consolidated revenue.

Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, assumed reinsurance, fire, and surety. Liberty Mutual Group (http://www.libertymutualgroup.com)employs over 45,000 people in more than 900 offices throughout the world.

As an Associate Product Analyst you will act as the primary contact for regional management regarding issues related to UW rules, pricing and other types of analysis for assigned regions. You will evaluate loss, perform state reviews and participate on project teams to improve process and identify business solutions.

Responsibilities:

Evaluates loss experience in assigned states and/or region, performs trend analysis and forecasts losses and premiums based on current levels. Consults with underwriting, claims and sales management to keep field abreast if experience in their jurisdiction and adjusts analyses when market conditions change.

Performs state reviews by gathering information and conducting analysis in support of state filings of rate changes, including the compilation of documents required/requested by the Department of Insurance.

Performs pre-State Reviews and post-Program Implementation initiatives to analyze and validate data. May manage workload on projects.

Coordinates multiple Home Office projects to maintain state and countrywide compliance law changes and updates. Assists in the interpretation of new and revised laws, rules and regulations of states in order to maintain and ensure compliance requirements. Administers filing initiatives as needed.

Responsible for the revision and implementation of underwriting guidelines, rules and procedures. Facilitates the process from start to finish. Coordinates underwriting manual update process. Works with Regional Management and Analysts to process requests for updates to underwriting manual.

Conducts analysis and generates reports, develops recommendations, creates new procedures and policies. Requests may entail gathering internal historical data, correcting premiums to reflect actual and past rate activity, adjusting for losses due to changes in state experience and coordinating with management about changes in state conditions to make data adjustments. Includes countrywide amendatory endorsements, contract reviews, filing initiatives.

Assists in special projects by performing analysis based on management requests, including running queries, compiling and analyzing different reports, and making recommendations.
Qualifications:
* Bachelors degree with a graduation date between June 2010 and June 2011
* Minimum 3.0 or higher GPA (depending on school)
* Analytical and decision making skills
* Capability to understand a wide variety of business operations
* Self starter with a team player attitude
* Strong technical skills
* Strong customer service orientation
* Demonstrated organization skills and ability
* Effective interpersonal skills including ability to negotiate successfully.


Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:

* 401K and Company paid pension plan
* Medical coverage
* Dental coverage
* Paid time-off
* Pay-for-Performance
* Discounts on automobile and homeowner's insurance
* Discount fitness memberships
* Flexible spending accounts
* Tuition reimbursement
* Vision care coverage
* Work/Life resources
* Credit Union membership
* Employee and Dependent life insurance
* Disability insurance
* Long-term care insurance
Overview:

We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.

We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.

We believe our employees take pride in knowing that they help people live safer more secure lives everyday.

Responsibility. What's your policy?