Business Consultant- Hybrid job in Pekin

Pekin, Illinois - IL Pekin Insurance

Job Ref:	BUSIN002765
Employer:	Pekin Insurance
Sector:	P&C/General Insurance/Non-Life
Qualifications:	Fully Qualified Actuary
Job Type:	Full Time
Salary and Benefits:	Competitive
Remote:	Yes
Location
Country:	United States
State/Province/County:	Illinois - IL
City:	Pekin
Post Code:	61554
Map:	(Show on map)
Description
You spend at least a third of your day at your job. You might as well spend it doing something you really love while working with a team you really enjoy being with, right? That's the kind of atmosphere we offer at Pekin Insurance-fun, fast-paced, gratifying, supportive, and collaborative. Of course, it's not all fun and games. Insurance is a serious business, and we pride ourselves on making people's lives whole again after a major disaster or even a fender bender. It's that sense of helping people that makes our team want to do our best every day. If you want to be excited about starting your workday and are ready to make a real difference in people's lives, this could be the right spot for you. See what Pekin Insurance has to offer by viewing a short video here. Position Overview Join our vibrant and newly created Products Department, where you get to be innovative but bolstered by the stability of a century-old legacy, where your strategic vision shapes the future. Embrace problem-solving within our dynamic setting where frustration turns into fascination. We're not just about technology; we understand it's a tool for addressing challenges, not seeking them. If you're a guru in Commercial Lines with deep knowledge of products and agent interactions, we want you. We value the analytical minds who revel in policy details, thriving as the go-to experts for product knowledge and competitive insights. Your curiosity drives you to ask the probing questions that unveil the deeper issues, distinguishing between customer values and desires. As a collaborator, you'll engage with multidisciplinary teams, enriching our sales, underwriting, and pricing practices. Research and continuous learning are the cornerstones of your personal growth in our company. If you are a visionary ready to champion your ideas, determined to break through resistance, and continually refine our products, you're the one we've been looking for. For you, it's the human element that matters over mere processes, finding joy in the breakthroughs that enhance lives by connecting ideas to evidence. If this resonates with your professional ethos and aspirations, come join us and leave your mark on an industry in evolution. A Few Essential Job Functions If you love data, this position may be for you, as you'll research, analytics, and the details to provide solid recommendations related to innovation, rating, pricing, marketing, sales, features, service, underwriting, risks, and a lot more. Assists in the development and implementation of compelling business cases to accomplish business objectives. You'll participate in business process analysis/design/needs assessments and cost-benefit analysis to align solutions with corporate strategic directives. Collaborating across multiple departments and with external vendors to reach desired profitability and growth targets will be key. Developing, managing, and leading initiatives and effectively communicating project updates and requested information to leadership. You'll identify critical requirements of a business process and key objectives of product performance to be monitored. Using competitive analysis to achieve profitability and growth objectives. Leading projects or initiatives that support underwriting goals, including impacts on underwriting policies, guidelines, systems, processes, or metrics is a priority. You'll monitor the effectiveness of existing product(s) and look for opportunities to further refine, streamline, and make improvements. Analyzing reports and working with the actuarial team to implement appropriate changes in the pricing level and segmentation, underwriting standard, sales growth, and claims handling to achieve corporate goals. You'll act as a liaison between internal teams, this can include Underwriting, Claims, Sales, Actuary, and other departments. Performing other duties as assigned. Education & Experience Required Bachelor's degree in business, insurance, or related field or equivalent experience Typically requires 3+ years of industry experience Prior experience with pricing, product management, underwriting, and/or actuary Preferred MBA or Six Sigma Green Belt training Certifications & Licenses Chartered Property Casualty Underwriter (CPCU) designation (preferred) Associate in Risk Management (ARM) designation (preferred) Product Management Certification (PMC) (preferred) Knowledge, Skills & Abilities Demonstrated ability to: read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations effectively present information and respond to top management, public groups, and/or board of directors communicate effectively in both oral and written form maintain effective interpersonal relationships plan, assign, train, and/or supervise the work of others analyze, organize, and prioritize work while meeting multiple deadlines manage large complex projects process information logically Demonstrated skill in: using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems Demonstrated knowledge of: industry standards, marketplace environment, pricing, rates, and product offerings project control and cost estimating techniques to plan, manage, implement, and work within the constraints of that budget P&C products and policies Microsoft Office software