First Chicago Insurance Company (FCIC)
  • Bedford Park, IL, USA
  • Full Time

First Chicago Insurance Company, an Illinois-based Property and Casualty insurer, is seeking a member of its Product and Actuarial Analysis Department to provide expertise in a variety of initiatives.


As a Product Analyst, you will provide support to the Product Team by collaborating in cross-functional teams that design, develop, and implement new product initiatives


The ideal candidate is someone with an understanding of insurance products, pricing, and forms.


Job Responsibilities:

  • Plan, implement, manage, and/or contribute to projects up to a high complexity
  • Conduct research, perform basic trend analysis, and provide observations on target markets
  • Research, develop, and maintain coverage forms, endorsements, and manuals needed to support existing products
  • Analyze competitor product rates, features, and forms language
  • Independently create and distribute a variety of monthly and quarterly reports in a timely fashion
  • Participate in creating rate, rule, and form filings, for submission to department of insurance to satisfy state regulatory requirements
  • Participate in creating objection responses to regulatory filings
  • May serve as subject matter expert for questions regarding assigned enhancements and filings
  • Work with IT to implement system changes and enhancements
  • Build relationships among team members, ensuring cooperation on project objectives
  • Support various ad hoc requests as needed
  • Reports to the Product Manager


Analyst will be involved with wide variety of insurance products which may include: Non-Standard Auto, Commercial Auto, General Liability, Workers' Compensation, and Ancillary Individual Health.


Job Requirements:

  • Bachelor's degree
  • 1 to 5 years of product experience with Property & Casualty insurance products
  • Experience in Automobile lines of business (not specific to Personal or Commercial)
  • Independent analytical thinker with strong written and verbal communication skills
  • Good organizational, project management, and time management skills
  • Ability to work independently, execute quickly, and drive results
  • Ability to adapt to different or changing situations, requirements, and priorities
  • Proactively identifies and takes action to address obstacles, issues, and opportunities
  • Proficient in Microsoft Excel and Word
First Chicago Insurance Company (FCIC)
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