PL Product Manager Assistant - Property

Farmers Insurance; United States; Hybrid; USD 90,000 - 150,000; Full time

Benefits offered by this job

Competitive salary

401(k)

Medical

Dental

Vision

Life Insurance

Paid Time Off

Paid Parental Leave

Tuition Assistance

Job summary

Farmers Insurance in the United States is seeking a Product Analyst to use data-driven methods to research and prepare for new personal lines programs, coordinating with IT and other departments to monitor performance.

You will lead special projects, develop short- and long-term plans with Product Executives, and make pricing recommendations based on analysis and market trends.

Qualifications

• High School Diploma or equivalent required.
• Bachelor’s degree in mathematical or statistical field preferred.
• Masters degree preferred.

Responsibilities

• Supports introduction of new or enhanced personal lines programs.
• Leads special projects as assigned by Product Manager.
• Plans long and short-term product/territory strategies with Product Executives.
• Monitors product performance and recommends data-driven improvements.
• Directs development of pricing and contract changes for the product.
• Coordinates analysis with other lines and stays informed on industry developments.
• Negotiates priorities to align product goals with executives.
• Provides requirements to IT for system changes.
• Trains and develops product analysts.
• Performs other duties as assigned.

Skills

Verbal communication

Written communication

Relationship building

Time management

Team player

Education

High School Diploma or equivalent

Bachelor’s degree in mathematical or statistical field preferred

Masters degree preferred

Tools

Excel

Access

SAS

Word

Statistics programming (basic)

Job description

We are Farmers – where ambition meets opportunity. At Farmers, we’re not just known for unforgettable jingle – we’re a team with a passion for purpose and making a real difference in people’s lives. We deliver peace of mind when it matters most. Our results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn’t just a goal – it’s a way of life for both the organization and every individual on our team. We tackle challenges head-on, learn from every experience and measure our impact on the customers who trust us.

Join an award-winning, equal opportunity employer, where you’ll find more than a job – you’ll find a supportive community. Enjoy competitive benefits, take part in meaningful volunteer projects, and help shape the future alongside talented colleagues across all backgrounds. At Farmers, helping others is at the heart of what we do.

Workplace: Hybrid ( ), Remote ( )

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary

Uses an analytic approach to conduct research and preparation activities regarding new personal lines insurance programs, coordinating their introduction with other departments, and monitoring product performance through data.

Essential Job Functions

• Responsible for supporting the introduction of new or enhanced personal lines insurance programs.
• Takes leadership role in special projects as assigned by Product Manager.
• Develops long and short-term plans for their assigned product/territory with Product Executives.
• Monitors product performance, analyzes results, and makes data-supported recommendations for product enhancements.
• Directs development of pricing and contract changes for product.
• Manages the analysis and research performed in the development and its alignment with other lines.
• Stays abreast of industry developments.
• Negotiates and sets priorities to align product goals with the Product Executives’ goals.
• Facilitates through other parts of the organization to accomplish results.
• Responsible for providing requirements to IT for system changes.
• Trains and develops product analysts.
• Performs other duties as assigned.

Education Requirements

• High School Diploma or equivalent High school diploma or equivalent required.
• Bachelor’s degree in mathematical or statistical field preferred.
• Masters degree preferred.

Experience Requirements

Four years experience in similar role or one year in Senior Product Analyst role.

Note: Candidate qualifications may be reviewed against the requirements for the associated levels of this position's core function. Salary grade will be based on selected candidates' experience and skills.

Special Skill Requirement

• Solid PC Skills, including Excel, Access, SAS, Word and basic programming for statistical purposes.
• Excellent verbal/written communication skills, including ability to make effective presentations and write articles publishable in trade magazines.
• Knowledge of or ability to quickly learn advanced insurance pricing concepts and insurance terms and structure.
• 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.

Physical Actions

Job is performed in-person at a Farmers office or virtually at an approved alternative work location. The physical work environment is indoors and climate-controlled with adequate lighting and ventilation. Normal and customary distractions include background noise produced by office equipment and chatter among people, as well as interruptions. Frequently sits for prolonged periods of time, up to a full shift. Occasionally moves about the workplace including, navigating stairs, ramps, and level or uneven surfaces. Occasionally moves, pushes, pulls, lifts, carries, and/or places objects or materials weighing up to 25 pounds without assistance. Frequently uses shoulders, arms, hands, and fingers to manipulate equipment, tools, and objects necessary to perform job duties. Frequently performs fine motor tasks such as typing, mousing, or writing, up to a full shift. Rarely performs movements such as bending, stooping, crouching, kneeling, twisting, and reaching overhead or below the knees. Possesses clear vision, with or without correction, to visually read and verify information. Relies on depth perception and peripheral vision to navigate the work environment visually by identifying barriers, changes in terrain and locating objects. Possesses adequate hearing, with or without correction, to communicate with co-workers, respond promptly to auditory signals or alarms, and discern sounds essential for maintaining safety and productivity in the workplace. Jobs in this category require rare, if any, travel.

Physical Environment

Required job duties are normally performed in a climate- controlled office environment with occasional exposure to uncontrolled outside environmental conditions.

Benefits

• Farmers offers a competitive salary commensurate with experience, qualifications and location.
• CA Only: $91,350 - $154,990
• CO & ME: $85,800 - $133,980
• HI/IL/MN/VT Only: $85,800 - $143,550
• MA Only: $85,800 - $143,550
• o MD & VA: $85,800 - $143,550
• DC/NJ/NY/OH Only: $85,800 - $154,990
• Albany County, NY/Cleveland, OH: $91,350 - $133,980
• WA Only: $85,800 - $163,125
• 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
• For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer

Job Location(s): R_US - United States

Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.

Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws.

Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.