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Product Analyst I

Date: Jan 17, 2023

Location: Erie, PA, US, 16530

Company: Erie Insurance

Division or Field Office:

Life Division

Department of Position: Life Actrl, Clms & Cmplnc Dept 

Work from:

Erie Home Office

 

At Erie Insurance, you’re not just part of a Fortune 500 company; you’re also a valued member of a diverse and inclusive team that includes more than 5,000 employees and over 2,200 independent agencies.  Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia. 

We strive to be Above all in Service® to our customers—and to our employees. That’s why Erie Insurance offers you an exceptional benefits package, including:

•          Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.

•          Low contributions to medical and prescription premiums. We currently pay up to 97% of employees’ monthly premium costs.

•          A pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.

•          A 401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.

•          Paid vacation, personal days, sick days, bereavement days and parental leave.

•          Career development, including a tuition reimbursement program for higher education and industry designations.

•          Additional benefits that include company-paid basic life insurance; short-and long-term disability insurance; orthodontic coverage for children and adults; adoption assistance; fertility and infertility coverage; well-being programs; paid volunteer hours for service to your community; and dollar-for-dollar matching of your charitable gifts each year.

 

Position Summary

Assists in Implementing business solutions under direction and in a low risk environment that enable the organization to successfully maintain rates and products. Performs basic analytics, assists in enhancing existing applications/systems, established business or technical processes through incremental changes.

 

  • -Working knowledge of database, spreadsheet, presentation software, and data retrieval methods preferred
  • -Strong analytical, communication, and problem solving skills preferred
  • -Life and annuity experience preferred
  • -This position will focus on life reinsurance

Duties and Responsibilities

Assists in analyzing, overseeing, and performing the processing of data requests to and from various reporting bureaus.

 

Assists with performing testing procedures to ensure quality and accuracy of forms.

 

Systems Support (Mainframe, Application Configuration, Test Automation, Systems Integration).

 

Assists in the design, development, testing and implementation of basic system configuration of rates, rules and forms in support of new and enhanced rates and products.

 

Analytics (Business, Quality, Rating, Bureau and Statistical Reporting).

 

Analyzes straightforward business, technical process, system and/or technical problems.

 

Elicits, records and validates system configuration requirements for new and enhanced rates, rules and forms.

 

Analyzes and implements basic requested ERIE product changes with low level impact.

 

Learns and utilizes systems language, database access and other technologies to improve processing efficiency.

 

Assists with quality assurance testing to ensure the accuracy of systems output.

 

Ensures system stability and performs required maintenance. Monitors systems for issues and recommends improvements.

 

The first 4 duties listed are the functions identified as essential to the job. Essential functions are those job duties that must be performed in order for the job to be accomplished.

 

 

 

This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as become evident.

Competencies

Job-Specific Knowledge
Values Diversity
Nimble Learning
Self-Development
Collaborates
Customer Focus
Cultivates Innovation
Optimizes Work Processes
Instills Trust
Ensures Accountability
Decision Quality

Qualifications

Minimum Educational Requirements and Experience Equivalencies:

Bachelor's degree, required; or


Associate's degree, plus two years of related experience, required; or


High school diploma, or GED, plus four years of related experience, required.

 

Willingness to pursue General Insurance designation or other professional designation preferred.

Physical Requirements

Lifting 0-20 lbs; Occasional (<20%)
Lifting 20-50 lbs; Occasional (<20%)
Lifting Over 50 lbs; Rarely
Driving; Occasional (<20%)
Pushing/Pulling; Rarely
Manual Keying/Data Entry; Frequent (50-80%)
Climbing; Rarely


Nearest Major Market: Erie