Senior Product Manager – Personal Lines
Farmers Insurance
full-time
Posted on:
Location Type: Hybrid
Location: United States
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Salary
💰 $108,000 - $199,000 per year
Job Level
About the role
- Responsible for managing all aspects of their product within assigned geographic territory, generally two mid-size states.
- Assesses profitability, growth, competitors, strategies, and initiates changes to the product or rating approach in the territory in order to maximize Farmers’ opportunities.
- Responsible for profits/losses in assigned product/territory.
- Analyzes internal and external data to fully understand profit, production, competitive position and market trends to develop strategies to drive profitable growth.
- Develops long-and short-term plans for their assigned product/territory with corresponding State Manager.
- Leverages market research to identify growth opportunities within the assigned product/territory.
- Takes leadership role in special projects as assigned by State Manager.
- Collaborates with internal partners in Distribution, Underwriting, Analytics, Actuarial, IT, and Claims to understand profitability, market opportunities and potential system changes.
- Coordinates state and home office legislative and regulatory affairs by providing input on key bills and regulation.
- Recruits, trains and develops product analysts.
Requirements
- High School Diploma or equivalent required
- Bachelors degree highly preferred (possibly required for certain roles) in mathematical or statistical field.
- Graduate degree preferred.
- Personal lines product management experience in complex states is highly preferred
- Product Analyst, Actuarial or similar experiences within property and casualty personal lines insurance preferred.
- Proficient PC Skills, including Excel, Word. PowerPoint and basic programming for statistical purposes.
- Excellent verbal/written communication skills, including ability to make effective presentations and write articles publishable in trade magazines.
Benefits
- 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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
product managementprofit analysismarket researchdata analysisstatistical programmingstrategic planningprofitability assessmentcompetitive analysisproduct developmentlegislative affairs
Soft Skills
leadershipcollaborationcommunicationpresentation skillstrainingdevelopmentorganizational skillsanalytical thinkingproblem-solvinginterpersonal skills