Personal Lines Assistant Product Manager - Property

Farmers Insurance Careers

104d • $89,280 - $151,140

About The Position

At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers. The role involves using an analytic approach to conduct research and preparation activities regarding new personal lines insurance programs, coordinating their introduction with other departments, and monitoring product performance through data.

Requirements

• High School Diploma or equivalent required.
• Bachelor’s degree in mathematical or statistical field preferred.
• Masters degree preferred.
• Four years experience in similar role or one year in Senior Product Analyst role.
• Solid PC Skills, including Excel, Access, SAS, Word and basic programming for statistical purposes.
• Excellent verbal/written communication skills, including ability to make effective presentations and write articles publishable in trade magazines.
• Knowledge of or ability to quickly learn advanced insurance pricing concepts and insurance terms and structure.
• Demonstrated ability to secure 'buy-in' and convince others regarding best approach.
• Goal oriented team player with a positive attitude.
• Excellent time management skills.
• Strong relationship building.

Responsibilities

• Responsible for supporting the introduction of new or enhanced personal lines insurance programs.
• Takes leadership role in special projects as assigned by Product Manager.
• Develops long and short-term plans for their assigned product/territory with Product Executives.
• Monitors product performance, analyses results, and makes data-supported recommendations for product enhancements.
• Directs development of pricing and contract changes for product.
• Manages the analysis and research performed in the development and its alignment with other lines.
• Stays abreast of industry developments.
• Negotiates and sets priorities to align product goals with the Product Executives’ goals.
• Facilitates through other parts of the organization to accomplish results.
• Responsible for providing requirements to IT for system changes.
• Trains and develops product analysts.
• Performs other duties as assigned.

Benefits

• Competitive salary commensurate with experience, qualifications and location.
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees