Liberty Mutual InsuranceLI

Senior Product Analyst - Vendor Management & Third-Party Data

Liberty Mutual Insurance is a leading global insurer, dedicated to providing comprehensive insurance solutions while fostering an inclusive corporate environment.

Liberty Mutual Insurance

Employee count: 1001-5000

United States only

Pay Philosophy

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

Description

We are seeking a highly organized, motivated, detail-oriented Senior Product Analyst to join the Vendor Relationships & Solutions team in Personal Lines Auto Product. In this role you will be responsible for supporting the third-party data strategy, focusing on vendor performance and expense management. The ideal candidate has experience leveraging data sources to provide actionable insights, build business cases to support strategic decisions, and present findings to leadership teams across the organization. Support for ad hoc data analysis is also expected for this role.

Key responsibilities of this role will include:

  • Evaluate vendor performance and identify trends and data-driven insights to support decision-making for contract negotiations, vendor selection, and new product exploration
  • Develop and build reporting across key metrics, KPIs, and SLAs to ensure contract compliance and identify areas for improvement
  • Make recommendations to increase value of utilized vendor services, working cross-functionally with internal stakeholders and partners to deploy initiatives
  • Partner with Finance to manage vendor expenses through regular planning, forecasting, and analyzing variances
  • Review the accuracy of vendor invoices, reconciling service costs against internal monitoring, contract terms, and communicating with vendors and internal partners to resolve discrepancies

The ideal candidate will have:

  • Familiarity with Personal Lines insurance products (knowledge of insurance data solutions a plus)
  • Proficiency in Excel, PowerPoint, and data analysis software (e.g., SAS, SQL, Snowflake)
  • Experience with creating Power BI dashboards preferred

Qualifications

  • Bachelor's degree in mathematics, economics, statistics, or other quantitative field.
  • Minimum 3 years relevant work experience, typically 4 years.
  • Strong proficiency in Excel, PowerPoint, and statistical software packages (e.g., SAS, Emblem).
  • Must have strong planning, organizational, analytical, decision making and communication skills.

About Us

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/BenefitsLiberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.Fair Chance Notices

  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco

About the job

Apply before

Posted on

Job type

Full Time

Experience level

Senior

Location requirements

Hiring timezones

United States +/- 0 hours

About Liberty Mutual Insurance

Learn more about Liberty Mutual Insurance and their company culture.

View company profile

Liberty Mutual Insurance Company, founded in 1912 and headquartered in Boston, is the eighth largest global property and casualty insurer based on gross written premium in 2023. The company employs over 40,000 people across 29 countries. Liberty Mutual operates as a mutual holding company, meaning it is owned by its policyholders and focuses on providing a wide array of insurance products and services including personal automobile, homeowners, commercial multiple-peril, workers compensation, general liability, and specialty lines. The company's commitment to corporate responsibility and community engagement is evident in its initiatives to support inclusivity and sustainability.

The company’s annual revenue stood at approximately $49.4 billion for 2023, reinforcing its position as a leading player in the insurance market. Liberty Mutual is also recognized for its strong organizational culture that emphasizes innovation, diversity, and inclusion. As a major player in the insurance industry, it endeavors to help individuals and businesses mitigate risks and navigate the complexities of life and business, ensuring peace of mind for its clients. With a long-standing history, Liberty Mutual continues to adapt and grow, delivering valuable insurance solutions to its customers while maintaining a focus on shared values and community impact.

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Liberty Mutual Insurance

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