Personal Lines Product Manager
Farmers Insurance
full-time
Posted on:
Location: California, Colorado, Hawaii, Illinois • 🇺🇸 United States
Visit company websiteSalary
💰 $99,920 - $178,125 per year
Job Level
Mid-LevelSenior
About the role
- Manage and enhance personal lines product performance in assigned region by leveraging insights across internal and external sources
- Conduct root cause analysis and collaborate with cross-functional teams to improve product results
- Analyze internal and external data to understand profit, production, competitive position, and market trends
- Responsible for profits/losses in assigned product/territory and develop long- and short-term plans with State Executives
- Leverage market research to identify growth opportunities within the assigned product/territory
- Lead and manage others and take leadership role in special projects as assigned by State Manager
- Work with underwriting team to adjust appetite to improve performance, profitability, and agent experience
- Collaborate with Underwriting, Analytics, Actuarial, IT, and Claims to understand profitability, market opportunities and potential system changes
- Train and develop product analysts
- Coordinate state and home office legislative and regulatory affairs providing input on key bills and regulation
Requirements
- High School Diploma or equivalent required
- Bachelor’s degree strongly preferred, specifically in a mathematical or statistical field
- Six years of related experience in insurance Product Management
- Demonstrated leadership skills
- Strong verbal and written communication skills
- 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 skills
- Ability to train and develop product analysts
- Must comply with 18 U.S.C. Section 1033 restrictions (no employment for certain felony convictions without state Department of Insurance consent)