Foundation Risk Partners

Senior Product Analyst- MSI

United States

Foundation Risk Partners Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor’s degree in a quantitative field such as Statistics, Mathematics, Economics, Finance, or a related discipline, and have at least five years of experience as a Product Analyst or in a similar analytical role within the insurance industry. Strong analytical and problem-solving skills are essential, along with experience in data modeling, statistical analysis, and financial modeling. Experience with insurance products and regulations is highly desirable.

Responsibilities

The Senior Product Analyst will collaborate with the Product Team, internal and external associates, and vendors to support the introduction of new products, enhancements to existing products, and entry into new markets, all aimed at achieving company profit and growth targets. They will also work with business partners on rate and rule revisions, confirming scope and timelines, and implementing final changes. Furthermore, the Analyst will contribute to the development of new products, analyze state performance, and identify areas for research, and review product performance to improve profitability and competitive position.

Skills

Product Management
Data Analysis
Quantitative Analysis
Rate Revision
Rule Revision
Compliance
Market Analysis
Product Performance
State Performance

Foundation Risk Partners

Insurance brokerage and consulting services

About Foundation Risk Partners

Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized services. Their approach combines expertise in various sectors with a commitment to cultural alignment and shared values. Unlike many competitors, Foundation Risk Partners emphasizes a collaborative relationship with clients, aiming to achieve exceptional outcomes and drive success for their partners.

Key Metrics

Daytona Beach, FloridaHeadquarters
2017Year Founded
$2MTotal Funding
DEBTCompany Stage
Consulting, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Paid Vacation

Risks

Over-reliance on AI could cause disruptions if technical issues arise.
Expansion into new regions may pose compliance and operational challenges.
Leadership changes might lead to strategic shifts affecting company stability.

Differentiation

Foundation Risk Partners leverages AI to enhance risk analysis accuracy and speed.
The company focuses on a strategic mix of industry expertise and cultural fit.
Foundation Risk Partners is rapidly expanding through acquisitions and organic growth.

Upsides

AI solutions have decreased cycle times by up to 90% for certain activities.
Prospect conversion rates have increased by up to 50% due to AI adoption.
Expansion into Baldwin, New York, offers new market opportunities.

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