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The Hanover Insurance Group

Innovation Research Analyst (Worcester, MA or Remote)

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What they do

A Research Analyst assists with a research program or project analysis. Works in a variety of fields within science or the social sciences, in programs based at a university or research institution, or works on government or industry sponsored research projects. Compile and analyze statistical data using modern and traditional methods to collect it.

$93,920 / year median in Massachusetts

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Job Description

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture. Our Hanover Technology Group (HTG) Business Innovation team is currently seeking an Innovation Research Assistant in our Worcester, MA location on a hybrid basis or fully remote work location. This is a full-time, exempt role.
POSITION OVERVIEW
This role will report into our Business Innovation team and serve as the enterprise hub for emerging technology trends, competitive intelligence, and vendor evaluation. This role is responsible for delivering actionable insights to inform strategic decision-making, optimizing investment in innovation, and reducing duplicative efforts across business units. The analyst partners with business and technology leaders to bring an outside-in perspective and ensure alignment with enterprise priorities.
IN THIS ROLE, YOU WILL
Market, Competitive & Technology Intelligence Conduct ongoing research on market trends, competitive landscape, and emerging technologies relevant to the organization. Synthesize insights from diverse sources (e.g., industry reports, venture capital activity, conferences, peer companies) into clear, actionable intelligence. Maintain awareness of industry best practices, disruptive innovations, and strategic risks/opportunities. Vendor Evaluation & Innovation Intake Lead structured vendor evaluations, including due diligence, comparative analysis, and recommendation development. Establish and maintain consistent evaluation frameworks to assess technology fit, scalability, and enterprise value. Act as the primary liaison for BrokerTech Ventures intake, coordinating evaluation, prioritization, and feedback loops. Enterprise Insight Sharing & Coordination Consolidate insights, learnings, and experimentation results across business lines to reduce siloed efforts and duplication. Facilitate knowledge sharing and alignment across business and technology stakeholders. Develop repositories or forums for capturing and distributing strategic intelligence. Executive Reporting & Communication Prepare executive-level presentations, briefings, and updates for leadership on a regular and ad hoc basis. Translate complex intelligence into clear narratives that support decision-making. Incorporate external perspectives, including insights from venture capital firms, conferences, industry networks, and BrokerTech Ventures.
WHAT YOU NEED TO APPLY
Bachelor's degree required with Business or IT focus preferred 1-3 years experience Excellent Verbal and Written Communication capabilities required, including presenting findings and recommendations clearly to stakeholders Ability to understand the big picture This job posting provides cursory examples of some of the job duties associated with this position. The examples provided are not complete, and the position may entail other essential and job-related functions and responsibilities that employees will be required to perform.
CAREER DEVELOPMENT
It's not just a job, it's a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you - at every level - to grow and develop.
BENEFITS
We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you'll enjoy what you do and have the support you need to succeed.
Benefits include:
Medical, dental, vision, life, and disability insurance 401K with a company match Tuition reimbursement PTO Company paid holidays Flexible work arrangements Cultural Awareness Day in support of IDE On-site medical/wellness center (Worcester only) Click here for the full list of Benefits EEO statement: The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law. Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law." As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.
Privacy Policy:
To view our privacy policy and online privacy statement, click here.
Applicants who are California residents:
To see the types of information we may collect from applicants and employees and how we use it, please click here.
Compensation:
The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.

Benefits

  • Paid Time Off (PTO)
  • Financial Aid/Assistance
  • 401(k) Plans
  • Health Insurance