Farmers Insurance

Business Insurance Product Analyst

Farmers Insurance

full-time

Posted on:

Location Type: Hybrid

Location: California, Colorado, District of Columbia, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, New Jersey, New York, Ohio, Vermont, Washington • 🇺🇸 United States

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Salary

💰 $75,000 - $120,010 per year

Job Level

JuniorMid-Level

About the role

  • Performs data analysis supporting growth and profitability in a region, or part of a region
  • Performs detailed analysis of product, pricing, and growth at a countrywide, regional, and state level
  • Analysis includes marketplace dynamics, competitive analysis, pricing segmentation, and line and segment level analysis within assigned scope and support from leader
  • Gathers and manipulates data and information to analyze and work on moderately scoped issues, recommending actions to achieve business goals
  • Collaborates with business partners to understand desired business outcomes and offers product perspective and expertise
  • Completes and maintains competitive and market plan analysis within limited region or part of a region and support from leader
  • Provides recommendations using analysis and interpretation of rates, data, and trends to assigned projects
  • Creates and maintains a collaborative relationship with field partners who support local strategies
  • Performs other duties as assigned.

Requirements

  • High School Diploma or equivalent required
  • Bachelor's degree preferred in the area of business management, mathematics, management information, finance, actuarial science, economics or other analytics related field
  • Pursuing CPCU preferred
  • 2 years insurance or financial services analytics experience required
  • Experience working in Commercial Insurance/Business Insurance strongly preferred
  • 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.
Benefits
  • 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
data analysiscompetitive analysispricing segmentationmarketplace dynamicsdata manipulationbusiness analysisrecommendation developmenttrend analysisfinancial analysisanalytics
Soft skills
verbal communicationwritten communicationrelationship buildingteam playergoal orientedpositive attitudetime managementcollaborationpersuasionproblem solving
Certifications
CPCU
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