Analytical Competitive Intel Job at Group1001
Group 1001 Overview
Group One Thousand One (“Group1001”), a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets, employees.
Group1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Job Summary:
In this position, you will have a unique and exciting opportunity to join us in offering our clients practical solutions with easy to understand features while delivering them with clarity and integrity. This position reports to the Chief Product Officer. This position will serve in a lead role within the company’s Product Development and Management initiatives across annuity products (fixed, indexed, and variable). The role will be a key position in the future growth of the company.
Main Accountabilities:
- Lead the Company’s analytical competitive intelligence function and engage with senior leadership on product features and competitiveness
- Lead competitor and industry intelligence analyses to drive strategic decision making specific to various annuity products (fixed, indexed, and variable) and associated distribution channels (Independent Marketing Organizations, Banks, and Broker-Dealers)
- Develop reporting to quantitively assess each of the Company’s products compared to the relevant competitor set
- Develop advanced analytical competitive reporting that incorporates various features of competitor products so they can be quantitatively assessed relative to the Company’s products
- Interface with product development and modeling actuaries to assess impacts and costs of various features and benefits offered in competitor products
- Assess industry and company-specific annuity product sales to identify trends that will help inform the Company’s strategic decision-making including product development
- Establish and foster strong working relationships with peers within the Product, Marketing, Distribution, etc groups.
- Review filings, prospectuses, and marketing materials for the Company’s products
- Review products and associated filings of key competitors to understand and assess the competition.
- Review product filings and industry publications as they are released to ensure timely identification of product trends and opportunities.
Qualifications:
- Minimum of five years of experience in the annuity industry or relevant experience
- Familiarity with industry data sources including state and SEC filings, industry surveys, and other sources of competitive intelligence
- Strong communication skills and ability to lead meetings and make presentations to senior management
- Strong understanding of insurance, annuities, and other financial products
- Ability to use and explain various analytical and quantitative tools
- Self-starter with the ability to drive projects forward
- Demonstrated leadership and ability to influence and build relationships across the organization.
- Experience in managing multiple, complex, corporate wide projects.
- Concise and persuasive oral and written communication skills.
- Solid analytical, problem solving and strategic thinking skills to understand and anticipate the impact and opportunities across various projects.
- Industry designations such as FLMI would be a plus, but not required
Group 1001 offers a strong benefits package including Medical, Dental, Vision, Prescription Drug Coverage, 401k Plan, Life Insurance, and Flexible Time Off among other benefit plan options.
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