Product & Business Analyst

RiskStream Collaborative Malvern, Pennsylvania

About The Institutes
A not-for-profit organization located in beautiful Malvern, PA, The Institutes have been the leading provider of risk management and property-casualty insurance education for more than 100 years. By living our values—Put the Customer First, Do What You Say, Work Together, Be Innovative and Do the Right Thing— our talented team delivers innovative solutions that best empower risk and insurance professionals to help those in need. In 2021, The Institutes was named a Top Workplace by Philly.com for the sixth time. We understand the importance of work-life balance and provide excellent benefits and a friendly and team-focused work environment to drive employee engagement. 
 
Product & Business Analyst
We have an exciting opportunity for a data-driven, analytical thinker to join our RiskStream Collaborative team! In this role, you’ll work with leadership to track RiskStream financials; provide expense reporting and forecasts; conduct market research on various products; work with staff to develop high-level business cases; make business recommendations; present analyses and research; create dashboards, and develop strategies to demonstrate value to RiskStream members. If you’re eager to join a collaborative and innovative team, we would love to meet you!
 
What You’ll do:

  • Work with RiskStream leadership and staff to establish and track annual budget.
  • Communicate with various departments to present a holistic viewpoint on finances and create analytical dashboards for organizational viewing; work with the Vice President of RiskStream to write and create detailed reports.
  • Use external and internal data to create models, showcasing potential product benefits within RiskStream Labs.
  • Proactively measure member engagement with the Director of Engagement & Product Lab Exploration.
  • Work with the RiskStream staff or The Institutes’ Enterprise Research team to produce member-wide surveys.
  • Participate in RiskStream Labs working groups and committees to better understand the use cases and incorporate any applicable discussions into analyses and research. This includes working with various external stakeholders to determine customers' needs and desires and working with RiskStream staff to identify needed market information to create formal analyses.
  • Assess market competition by comparing the member or Lab participant company's product to competitors' products.
  • Assess product market data by calling on members or other Lab participants with RiskStream relationship and engagement team members and evaluating results.
  • Provide information for senior leadership and management by preparing short-term and long-term product sales forecasts and special reports and analyses; answering questions and requests.
  • Work closely with RiskStream staff to create return-on-investment analyses and produce internal research reports on topics.
 
We’re looking for someone with:
  • Bachelor’s degree in economics, finance, statistics or related field required.
  • 1-2 years’ experience in finance, data analysis and statistics, and/or product management.
  • Demonstrated quantitative and analytical ability, as well as strong written and communication skills required.
  • Demonstrated initiative and ability to advance projects while managing multiple initiatives.
  • Capability to influence and instill credibility in sponsors, peers and subordinates by meeting project milestones, deadlines and budget.
  • Excellent working experience with Microsoft Excel required. Experience with analytical tools, like Tableau or R is a plus.
 
The Best Part? The Benefits!
To enforce the importance of work-life balance, employees enjoy excellent benefits, including:
  • 401(k) plan with company contribution up to 16%
  • Generous time off package that includes paid vacation, personal, sick and holidays
  • Paid maternity and parental leave
  • Tuition reimbursement
  • Medical, dental, vision and prescription coverage
  • On our Malvern campus: Free lunch every day when working on campus, onsite fitness center, and a beautiful 1.25-mile walking path!