Farmers Insurance

Product Analyst I – Personal Line Pricing Analyst

Farmers Insurance

full-time

Posted on:

Origin:  • 🇺🇸 United States • California, Colorado, District of Columbia, Hawaii, Illinois

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Salary

💰 $63,200 - $112,750 per year

Job Level

Mid-LevelSenior

Tech Stack

SQL

About the role

  • Maintain contact with State Offices and Personal Lines Marketing to support product development activities
  • Analyze, research and create new personal lines insurance products for territory-wide implementation
  • Coordinate development and implementation of new personal lines products with other functional departments and chair coordinating meetings where assigned
  • Initiate preparation and publication of procedure bulletins, field bulletins and marketing kits for new product introductions
  • Follow up with functional departments, Agents/District Managers, State Offices and Service Centers to verify correct implementation
  • Extract and prepare data from multiple sources; reconcile data across systems to ensure accuracy and consistency
  • Build rate order of calculation to determine premiums by coverage and calculate rate impacts and off-balances
  • Develop clear, concise documentation and visualizations to communicate findings and support decision-making
  • Track and evaluate key business metrics to identify growth opportunities and areas for improvement
  • Collaborate with cross-functional teams to support product changes and implementations
  • Contribute to continuous improvement by identifying opportunities to streamline processes and enhance data quality
  • Learn and apply best practices in insurance product management, pricing, and regulatory compliance
  • Perform other duties as assigned

Requirements

  • Prior internship experience in a Product team is a plus
  • Strong analytical and problem-solving skills with a keen attention to detail
  • Technical skills with platforms such as SAS, SQL, Excel, PowerBI preferred
  • High school diploma or equivalent required
  • Bachelor’s degree preferred
  • Proficient PC Skills, including word processing, spreadsheets and databases
  • Strong Excel (vlookups, pivot tables)
  • Excellent written and verbal communication skills
  • Self-motivated, organized, and able to manage multiple priorities in a fast-paced environment
  • Goal oriented team player with a positive attitude
  • Excellent time management skills
  • Strong relationship building
  • Physical ability to walk, see, drive, speak, hear, stand and lift/carry up to 20 pounds
  • Pursuant to 18 U.S.C. Section 1033, prohibition on employing individuals convicted of certain felonies involving dishonesty or breach of trust without prior written consent from state Department of Insurance
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