BI Lead Product Analyst

Farmers Insurance Careers

2d•$85,800 - $163,125•Hybrid

About The Position

At Farmers, we’re not just known for unforgettable jingle – we’re a team with a passion for purpose and making a real difference in people’s lives. We deliver peace of mind when it matters most. Our results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn’t just a goal – it’s a way of life for both the organization and every individual on our team. We tackle challenges head-on, learn from every experience and measure our impact on the customers who trust us. Join an award-winning, equal opportunity employer, where you’ll find more than a job – you’ll find a supportive community. Enjoy competitive benefits, take part in meaningful volunteer projects, and help shape the future alongside talented colleagues across all backgrounds. At Farmers, helping others is at the heart of what we do. Ready to make your mark? Discover our vibrant culture and explore career opportunities at www.Farmers.com/careers/corporate. Connect with us on Instagram, LinkedIn and TikTok, and let’s build something incredible together! Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote ) Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.Job SummaryDevelops data and analytics supporting growth and profitability in a region, or part of a region. Performs detailed analysis of product, pricing, and growth at a countrywide, regional, and state level. Supports and collaborates closely with field leadership and within Product Management in the development and implementation of state strategies through increased analysis, marketplace dynamics, competitive analysis, pricing segmentation, and line and segment level analysis with autonomy and limited supervision.

Requirements

Minimum 5 years insurance product experience required.
Minimum 3 years’ experience in Business Insurance preferred.
California-related product experience preferred.
High School Diploma or equivalent required.
Bachelors degree preferred in the area of business management, mathematics, management information, finance, actuarial science, economics or other analytics related field.
Demonstrated analytical skills.
Demonstrated problem solving skills.
Demonstrated written communication skills.
Strong verbal communication and listening skills.
Proactively approaches responsibilities.
Able to take limited conceptual direction and deliver high quality work on time.
Possesses strong technical aptitude.
Thorough Knowledge of Microsoft office products (Excel, Word, Powerpoint) required.
SaaS, SQL abilities preferred.

Responsibilities

Performs data analysis that support growth and profitability in a region, or part of a region. This role requires a detailed analysis of product, pricing, and growth at a countrywide, regional, and state level. Analysis will include marketplace dynamics, competitive analysis, pricing segmentation, and line and segment level analysis with support from manager.
Collaborates with business partners, making recommendations towards desired business outcomes.
Influences stakeholders and peers in the management of a countrywide line of business.
Develops increasing understanding of interacting variables in marketplace execution.
Completes and maintains competitive and marketplan analysis as needed by leadership and stakeholders.
Provides recommendations using analysis and interpretation of rates, data, and trends.
Creates and maintains a collaborative relationship with field partners who support local strategies.
Trains, assimilates, and formally mentors new team members.
Performs other duties as assigned.

Benefits

Farmers offers a competitive salary commensurate with experience, qualifications and location.
CA Only: $91,350 - $154,990
CO Only: $85,800 - $133,980
HI/IL/MN/VT Only: $85,800 - $143,550
MA Only: $85,800 - $143,550
MD Only: $85,800 - $143,550
DC/NJ/NY/OH Only: $85,800 - $154,990
Albany County, NY/Cleveland, OH: $91,350 - $133,980
WA Only: $85,800 - $163,125
Bonus Opportunity (based on Company and Individual Performance)
401(k)
Medical
Dental
Vision
Health Savings and Flexible Spending Accounts
Life Insurance
Paid Time Off
Paid Parental Leave
Tuition Assistance