Business and Product Development Analyst

About Portage Mutual
Portage Mutual Insurance is a trusted national property and casualty mutual insurance company. We have been owned by our policyholders since 1884 and proudly serve their interests by offering competitive home, automobile, commercial and farm insurance products. Portage Mutual has office locations in Edmonton (AB), Portage la Prairie (MB), St. Catharines (ON) and Bedford (NS) with products being 100% distributed by brokers across Canada. We greatly value our relationships with policyholders and brokers.
People at Portage Mutual
Working at Portage Mutual allows you to learn, grow and develop while collaborating with experienced and committed colleagues. We support hybrid work arrangements while continuing to build diverse teams and a culture of inclusivity. We are growing and offer resources to empower both individual and team success. We are proud of the communities we serve and are rooted in making positive impacts within them.
**What You’ll Do**:
The Business and Product Development Analyst has responsibility for researching, analyzing and reporting on information and opportunities that support the company’s “ease of doing” business and product innovation strategic initiatives. The individual supports product, business development, underwriting and broker initiatives including communications to internal and external stakeholders thereon.
The individual works collaboratively with regional, national and adhoc teams to deliver on operational and strategic priorities. The Business and Product Development Analyst has a strong understanding of insurance, business systems, data and the property & casualty insurance competitive landscape.

**Responsibilities**:

- Assists with research, analysis and reporting on segment performance by querying data sources, analyzing, and presenting findings using a variety of tools.
- Assists with market research including analyzing new and existing competitor and industry information to support business and product development initiatives.
- Participates in the review and development of new products, procedures, and programs to ensure consistency in defined business development procedures.
- Designs, documents and maintains a competitive intelligence library for the company. Provides timely updates and documentation thereon.
- Participates in requirement sessions with Business Development and Underwriting teams as needed.
- Works with national and regional teams for the collection, understanding and leveraging of business intelligence in support of “ease of doing business” strategic initiatives.
- Collaborates with the National Product Specialist to remain informed on emerging opportunities and trends in the competitive landscape.
- Maintains and updates Underwriting Manuals, policy forms and training materials.
- Participates and collaborates on business / product development projects in conjunction with strategic plan and operational priorities.

**Requirements**:

- Exceptional computer skills; including Microsoft Office Suite (Word, Excel, PowerPoint).
- Excellent research, detail orientation and creative problem-solving skills.
- Excellent verbal and written communication skills, including the ability to explain underwriting, product and insurance business concepts to stakeholders.
- Basic knowledge of generating process documentation.
- Self-motivated and entrepreneurial spirit.
- Ability to work independently and collaborate effectively in a team environment is required.
- Ability to develop and foster relationships with key internal stakeholders.
- Bachelor’s Degree in English, Business or related field is required.
- General Insurance Essentials (GIE) is required or enrollment in the program shortly after training is complete for this position.
- A CIP designation or actively pursuing a CIP designation (or equivalency).

**What We Offer**:

- Hybrid Work Arrangements
- Learn, Grow and Development Opportunities
- Competitive Compensation Package of Salary plus an Incentive Plan
- 24/7 Employee and Family Assistance Program
- Health, Dental, Critical Illness and Group Life Insurance Coverage
- Defined Contribution Company Pension Plan
- Paid Personal Days in addition to Vacation Time

If you have the qualifications we are seeking and would thrive in a work environment where you are valued and respected, please apply. We thank you for your interest in Portage Mutual Insurance, however, only those selected for an interview will be contacted. (No agencies please).