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International Medical Group
Cardiff, AL | Full Time
10 Months Ago
Product Analyst
Full Time 10 Months Ago
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International Medical Group is Hiring a Remote Product Analyst

As one of the world's top International Medical Insurance companies, IMG helps individuals and companies of all sizes. Every second of every day, vacationers, those working or living abroad for short or extended periods, people traveling frequently between countries, and those who maintain multiple countries of residence use our products to give themselves global peace of mind®

We are looking to grow our teams with people who share our energy and enthusiasm for creating the best experience for travelers. 

JOB SUMMARY

The Product Analyst is responsible for analyzing the market, identifying trends to predict product performance. They are responsible for ensuring that market and product requirements are appropriately reflected and implemented in new product launches and existing product updates. The Product Analyst works as a member of the Product Team. They work with Marketing, Sales, Customer Care, and Claims to ensure products are meeting the needs of our members. They collect competitor data by monitoring the market and the industry.

DUTIES AND RESPONSIBILITIES

  • Conduct in depth market research, compile data and determine market trends. Create comprehensive reports based on the results of the market research. Monitor the competition to compare their products and determine success
  • Perform strategic and ad-hoc data work in support of Profit Center. Explore large, complex, and loosely defined datasets to create actionable insights.
  • Explain trends across data sources, potential opportunities for sales growth or product improvement.
  • Capture and document data user stories, use cases, and workflows
  • Work with Marketing and Sales to conduct interviews targeting consumers to get their feedback.
  • Work with underwriting to monitor the product's performance throughout its lifespan, develop and suggest improvements.
  • Launch new products and features, test their performance, and iterate constantly and quickly. Identify opportunities and determine product vision and strategy.
  • Work with Product team to improve products using policy/certificate language, benefits and rates
  • Identify updates to products wording to ensure positive underwriting results and products are competitive in the marketplace
  • Identify process improvements for both new product launches and existing product reviews
  • Support the Portfolio Manager in implementing new products, vendors, and carrier relationships by setting agendas, completing necessary documentation, facilitating meetings, and following up with stakeholders
  • Receive and respond to escalations from internal and external partners with respect to products

QUALIFICATIONS 

  • 2 years of data analysis
  • Experience in a fast-paced operations environment
  • Strong organizational skills online and offline while under time constraints
  • Naturally collaborative, Strong relationship building skills, Able to work well with others
  • Critical & innovative thinking; Self-driven

PREFERRED SKILLS

  • Project Management, Microsoft Office Products
  • Previous experience in the insurance industry a plus but not required

IMG is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, national origin, religion, gender, gender identity or expression, sexual orientation, genetic information, disability, age, veteran status, and other protected statuses as required by applicable law.

Job Summary

JOB TYPE

Full Time

POST DATE

06/30/2022

EXPIRATION DATE

12/12/2022

WEBSITE

imglobal.com

HEADQUARTERS

INDIANAPOLIS, IN

SIZE

200 - 500

FOUNDED

1990

TYPE

Private

CEO

ROGER B BARWICK

REVENUE

$50M - $200M

INDUSTRY

Ancillary Healthcare

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About International Medical Group

IMG is a provider of health and travel medical insurance services.

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If you are interested in becoming a Product Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Product Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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They have to pay attention to undesired consequences of the product metrics.

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Consults on how the market may perceive a product.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Product Analyst jobs

Product analysts and product managers both develop products to successfully market them to the consumer, but they have different responsibilities.

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A product analyst can also pursue certification from the Marketing Research Association.

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Step 3: View the best colleges and universities for Product Analyst.

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