Product Management Analyst

Farmers Insurance Careers
4d$85,800 - $163,125Hybrid

About The Position

We are Farmers! We are… more than just your favorite commercials.  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. Farmers is an award winning, equal opportunity employer, committed to the strength of an inclusive workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture!  To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok. 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 SummaryMonitors product performance using quantitative analysis while providing actionable insights and enhancements to products and strategies.

Requirements

  • High School Diploma or Equivalent 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.
  • PC Skills, including Excel, PowerBI, Power Point, Access, SAS, Word and basic programming for statistical purposes.
  • Excellent verbal/written communication skills, including ability to make effective presentations.
  • Knowledge of or ability to quickly learn advanced insurance pricing concepts and insurance terms and structure.
  • Ability to manage workflows and set appropriate goals and milestones

Responsibilities

  • Utilize fundamental and quantitative analysis across numerous personal lines products.
  • Communicate and present key metrics and recommended product strateges to leadership.
  • Takes leadership role in special projects as assigned by leader. and may be responsible for providing business requirements to IT.
  • Develops long and short-term plans for their assigned product or strategy.
  • Assist in the development of pricing and contract changes for product.
  • Manages the analysis and research performed in the development of new products.
  • Stays abreast of industry developments.
  • Facilitates through other parts of the organization to accomplish results.
  • Performs other duties as assigned.

Benefits

  • Farmers offers a competitive salary commensurate with experience, qualifications and location.
  • Medical
  • Dental
  • Vision
  • Health Savings and Flexible Spending Accounts
  • Life Insurance
  • Paid Time Off
  • For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer
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