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P&C Product R&D Analyst

The Progressive Corp

  • mayfield village, OH
  • 8 days ago
  • $89,600–$119,500 Per Year

Highlights

As a research and development analyst senior on the new Small Business Insurance Underwriting Analytics team, you'll make critical contributions to the strategic direction of Business Owner's Policy (BOP) portfolio management, 3rd party data research, and improving underwriting segmentation. A minimum of six years relevant experience in statistical/quantitative modeling and in using various database tools to manipulate large volumes of structured data in a product, pricing or actuarial role in property & casualty insurance.

Numbers & Facts

Locationmayfield village, OH
IndustryInsurance
Salary$89,600–$119,500 Per Year
Company Size10,000 employees or more
Year Founded1937
Websitehttp://www.progressive.com

Description

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Progressive is dedicated to helping employees move forward and live fully in their careers. Your journey has already begun. Apply today and take the first step to Destination: Progress.

As a research and development analyst senior on the new Small Business Insurance Underwriting Analytics team, you'll make critical contributions to the strategic direction of Business Owner's Policy (BOP) portfolio management, 3rd party data research, and improving underwriting segmentation. This role is a unique balance between research and recommending new ideas to improve product offerings and developing models using actuarial-based techniques.

Remote work allowed with travel to the Progressive Headquarters for team events 3-4 times per year.

Minimum qualifications

  • A minimum of six years relevant experience in statistical/quantitative modeling and in using various database tools to manipulate large volumes of structured data in a product, pricing or actuarial role in property & casualty insurance
  • {OR} Bachelor's degree in quantitative field and a minimum of three years analytical work experience in a product, pricing or actuarial role in property & casualty insurance.
  • {OR} Master's degree in quantitative field of study and a minimum of three years analytical work experience.
  • {OR} PhD in quantitative field of study.

Preferred skills

  • Product, pricing, or actuarial experience in property & casualty insurance.

Experience creating or modifying predictive data models using statistical, mathematical or data mining methods

  • Intermediate knowledge of SQL or related statistical programming language (SAS, R, or Python)
  • Strong communication skills, both verbal and written, with proven critical thinking and problem-solving skills, and demonstrated ability to prioritize and multi-task effectively to keep projects moving and hit critical deadlines.

Compensation

  • $89,600 - $119,500/year depending on position level and experience
  • Gainshare annual cash incentive payment up to 30% of your eligible earnings based on company performance

Benefits

  • 401(k) with dollar-for-dollar company match up to 6%
  • Medical, dental & vision, including free preventative care
  • Wellness & mental health programs
  • Health care flexible spending accounts, health savings accounts, & life insurance
  • Paid time off, including volunteer time off
  • Paid & unpaid sick leave where applicable, as well as short & long-term disability
  • Parental & family leave; military leave & pay
  • Diverse, inclusive & welcoming culture with Employee Resource Groups
  • Career development & tuition assistance
  • Onsite gym & healthcare at large locations

Energage recognizes Progressive as a 2026 Top Workplace for: Innovation, Purposes & Values, Work-Life Flexibility, Compensation & Benefits, and Leadership.

Sponsorship for work authorization for foreign national candidates is available for this position. Individuals in F-1 visa status who will need sponsorship now or in the future are not eligible for hire for this position.

Equal Opportunity Employer

For ideas about how you might be able to protect yourself from job scams, visit our scam-awareness page at https://careers.progressive.com/pages/how-we-hire-faq-job-scams/

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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About Company

At Progressive, our diverse group of more than 33,000 talented professionals come from all walks of life and all fields of business-spanning six large corporate offices and hundreds of smaller claims and legal offices around the country. Whether it's the pride of working for a successful, Fortune 200 Company or the enjoyment of experiencing a unique work environment every single day-you'll soon find out there are a lot of perks to working here. Progressive is a place where innovation and collaboration are a way of life, where hard work is celebrated and rewarded, where you can see what you're truly made of … and love what you do.

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