PL Product Development Manager

Farmers Insurance Careers
Hybrid

About The Position

We are Farmers – where ambition meets opportunity. 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 SummaryResponsible for developing new product features and enhancing existing products to include the construction of appropriate policy language, required coverages, recognition of potential exposures, and necessary rating structure.

Requirements

  • High school diploma or equivalent required.
  • Bachelor's degree preferred in mathematical or statistical field.
  • Master's degree preferred.
  • Seven years experience in similar role required.
  • Analytical experience

Responsibilities

  • Responsible for design, implementation, and monitoring of assigned product features.
  • Develops short term and long term plans for assigned products and product features.
  • Directs development of product pricing and contract changes.
  • Manages the analysis and research performed in the development and its alignment with other lines.
  • Participates in development of national product initiatives.
  • Represents enterprise Product team on state, regional and national projects.
  • Takes leadership role in special projects as assigned by senior leader.
  • Stays abreast of industry developments.
  • Negotiates and sets priorities to align product goals with the enterprise Product 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.
  • Coordinates state and home office legislative and regulatory affairs providing input on key bills and regulation.
  • Performs other duties as assigned.

Benefits

  • Farmers offers a 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
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