RD Pricing Scientist

Mercury Insurance Services, LLC

1d • $92,154 - $174,681

About The Position

At Mercury, members of our Product Management Team are responsible for driving profitable growth in their assigned states and line of business Commercial Lines Auto and/or Commercial Multi Peril The primary job function is to act as subject matter expert in statistical modeling methodology and/or product research. Identifies issues and recommends solutions and enhancements to current insurance products. Supports strategy to research, design, and develop new insurance products to achieve profitable growth.

Requirements

• At least 2 years’ experience in the P&C Insurance industry and/or the product development field
• At least 8 years’ experience with data and analytics applications in Financial and other similar industries
• Or equivalent combination of education/experience
• Technical knowledge of P&C industry products and services
• Great analytical and quantitative skills
• Advanced statistical modeling ability
• Excellent written and verbal communication skills to correspond with internal and external customers
• Proficient in Microsoft Excel and Access
• Proficient in Python, R or other language and statistical software
• Detail-oriented and capable of delivering a high level of accuracy
• Ability to work in a deadline driven environment while demonstrating collaborative efforts with various teams

Nice To Haves

• Ph.D.'s or master’s degree preferred.

Responsibilities

• Acts as a subject matter expert in statistical modeling methodology and product research
• Identifies business opportunities through data analysis and market research
• Researches and evaluates new data sources for risk segmentation improvement
• Contribute to the idea generation on data process and modeling methodology evolution.
• Supports the design, rating and development of new and enhanced products for targeted lines of business
• Reviews and understands results of analyses and implements changes in pricing and product models as directed.
• Partners with PDMs and cross functional teams including MTS, Underwriting, Sales Development, and other divisions to implement product enhancements
• Supports company-wide initiatives on data and product delivery process.
• Provides data, statistical and analytical support to others.
• Mentors junior analysts and provides product training throughout the organization as necessary

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
• Number of Employees: 1,001-5,000 employees