Personal Lines Product & Growth Manager

Farmers Group Inc.; United States; On-site; USD 85,800 - 163,125; Full time

Benefits offered by this job

Bonus opportunity

401(k)

Medical

Vision

Health Savings and Flexible Spending

Job summary

Farmers Group Inc. is seeking a State Product Management - Personal Lines Product Manager to drive profit, pricing and product strategy for assigned markets.

This role focuses on pricing, segmentation, and complex analytics to shape market and product decisions and requires translating data into strategic recommendations across pricing, underwriting and product actions. Leadersh ip and collaboration across teams will be essential as you navigate regulatory considerations and seek profitable

Qualifications

• High school diploma or equivalent is required.
• Bachelor’s degree in business or related fields such as mathematics, physics, engineering, economics, finance, statistics, accounting, or actuarial science is preferred.

Responsibilities

• Accountability for profit, loss, and growth outcomes for assigned markets or products, including ownership of results, tradeoffs, and corrective actions.
• Utilize data, tools, dashboards and reports to analyze and manage the profit and growth of the business.
• Develop and own short‑ and long‑term market and product strategies, aligning pricing, underwriting, and product actions to achieve business objectives.
• Expertise in pricing and ratemaking principles and the rating and underwriting of products.
• Demonstrate expertise in marketplace insights, competitive intelligence, and regulatory issues to inform the management and design of products.
• Understand the pricing and underwriting of competitor products in support of analyzing the performance of the business relative to the market and industry.
• Develop, review, and approve product change recommendations, including rate‑level adjustments with a focus on matching price to risk.
• Identify and lead the exploration of unstructured problems, such as investigation of variances, mix shifts, and impacts of competitor actions.
• Lead regulatory strategy, Department of Insurance negotiations, and change management for assigned markets; accountable for filing outcomes and approvals.
• Drive leadership alignment by framing tradeoffs, risks, and recommendations; influence decisions through clear articulation of strategy and outcomes.

Skills

Strong product knowledge

P&C pricing

Underwriting

Excel

Analytical thinking

Presentation skills

Strategic thinking

Interpersonal skills

Technical aptitude

Experience with data dashboards

Education

High school diploma or equivalent

Bachelor’s degree in business or related fields

Tools

Excel

Job description

Farmers Group Inc. is seeking a State Product Management - Personal Lines Product Manager to drive profit, pricing and product strategy for assigned markets.

This role focuses on pricing, segmentation, and complex analytics to shape market and product decisions and requires translating data into strategic recommendations across pricing, underwriting and product actions. Leadersh ip and collaboration across teams will be essential as you navigate regulatory considerations and seek profitable