Product Manager II State

Mercury Insurance Services, LLC

7d

About The Position

Position Summary:
The primary job function is to manage commercial product premium volume growth and profitability results within assigned states
Geo-Salary Information
An in-person interview may be required during the hiring process
State specific pay scales for this role are as follows:
$118,664 to $230,619 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)
$107,876 to $209,653(NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)
$97,089 to $188,688 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)
The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location

Requirements

• Bachelor’s Degree required in Statistics, Economics, Mathematics, or related field.
• 5+ years of experience working with property and casualty insurance commercial industry products or 3+ years with a Master's Degree
• Supervisory experience required
• At least 2 years of experience as a Product Manager 1 or equivalent position.
• Or equivalent combination of education and/or experience.
• Proven ability to constructively tackle new or complex problems and make data-driven decisions, often with limited or incomplete information.
• In-depth technical knowledge of industry products and services, philosophy and best practices and the ability to apply such knowledge in a strategic capacity
• Excellent written and verbal communication skills to correspond with management, internal and external customers
• Advanced problem-solving, quantitative, and analytical skills
• Relentlessly curious

Nice To Haves

• Master's degree desired in Statistics, Economics, Mathematics, or related field.

Responsibilities

• The primary job function is to manage commercial auto product premium volume growth and profitability results within assigned states
• Product Owner for cross-functional team for assigned commercial states/products, working with relevant departments such as Claims, Underwriting, Sales/Marketing, Customer Service, IT and outside contacts, including agents, regulators and industry groups.
• Independently develops and executes action plans and strategic direction for assigned states and product lines.
• Key contributor to strategic direction for product lines.
• Sets pricing and enhance the offerings to position the product towards profitable growth in the marketplace.
• Ensures quality and accuracy of work; from Identification, Analysis, CBA, Implementation, Post Monitoring, and Cross Functional coordination/communication.
• Maintains alignment with national model (allowing for regulatory and market condition deviations) and implementation to ensure successful development of the entire product line(s).
• Accountable for product success in one or more assigned states/products. Product lines to include to include Commercial Auto
• Recruits, manages, and develops Product Analysts and Assistant Product Managers.
• Other functions may be assigned.

Benefits

• Competitive compensation
• Flexibility to work from anywhere in the United States for most positions
• Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
• Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
• Medical, dental, vision, life, and pet insurance
• 401 (k) retirement savings plan with company match
• Engaging work environment
• Promotional opportunities
• Education assistance
• Professional and personal development opportunities
• Company recognition program
• Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level