Product Manager II State (CMP/BOP)

Mercury Insurance; United States; On-site; USD 118,664 - 230,619; Full time

Benefits offered by this job

Competitive compensation

Remote-friendly (nationwide)

Paid time off and holidays

Incentive bonus programs

Health, dental, vision, life, and pet

401(k) with company match

Engaging work environment

Promotional opportunities

Education assistance

Professional and personal development

Company recognition program

Wellbeing resources

Job summary

Mercury Insurance seeks a Product Owner to drive premium growth and profitability across multiple states. You will lead cross-functional teams and set strategic direction for Auto and Property product lines.

Ideal candidate has 5+ years in property and casualty with supervisory experience and 2+ years as a Product Manager or equivalent. Strong analytical and communication skills are essential.

Qualifications

• Minimum: Bachelor’s Degree in Statistics, Economics, Mathematics or related field.
• Preferred: Master’s degree in Statistics, Economics, Mathematics or related field.

Responsibilities

• Product Owner for cross-functional team for assigned states/products, coordinating with Claims, Underwriting, Sales/Marketing, Customer Service, IT and external contacts.
• Independently develops and executes action plans and strategic direction for assigned states and product lines.
• Key contributor to strategic direction for product lines.
• Sets pricing and enhances offerings to position products for profitable growth.
• Ensures quality and accuracy from Identification, Analysis, CBA, Implementation, Post Monitoring, and cross-functional coordination.
• Maintains alignment with national model and adapts for regulatory and market conditions.
• Accounts for product success in one or more states/products (Auto and Property).
• Recruits, manages, and develops Product Analysts and Assistant Product Managers.
• Other functions may be assigned.

Skills

Data-driven decisions

P&C knowledge

Communication skills

Analytical thinking

Curiosity

Education

Bachelor’s Degree in Statistics, Economics, Mathematics

Master’s degree in Statistics, Economics, Mathematics

Job description

Join an amazing team that is consistently recognized for our achievements and culture, including our most recent Forbes award of being one of America's Best Midsize Employers for 2026!

Position Summary

The primary job function is to manage product premium volume growth and profitability results within assigned states.

Geo-Salary Information

An in-person interview may be required during the hiring process

State specific pay scales for this role are as follows:

$118,664 to $230,619 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$107,876 to $209,653 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$97,089 to $188,688 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

In CA: Typical hiring range is $157,177 to $218,302

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Responsibilities

Essential Job Functions

• Product Owner for cross-functional team for assigned states/products, working with relevant departments such as Claims, Underwriting, Sales/Marketing, Customer Service, IT and outside contacts, including agents, regulators and industry groups.
• Independently develops and executes action plans and strategic direction for assigned states and product lines.
• Key contributor to strategic direction for product lines.
• Sets pricing and enhance the offerings to position the product towards profitable growth in the marketplace.
• Ensures quality and accuracy of work; from Identification, Analysis, CBA, Implementation, Post Monitoring, and Cross Functional coordination/communication.
• Maintains alignment with national model (allowing for regulatory and market condition deviations) and implementation to ensure successful development of the entire product line(s).
• Accountable for product success in one or more assigned states/products. Product lines to include, but not limited to, Auto and Property.
• Recruits, manages, and develops Product Analysts and Assistant Product Managers.
• Other functions may be assigned.

Education

Qualifications

Minimum

• Bachelor’s Degree required in Statistics, Economics, Mathematics, or related field.

Preferred

• Master's degree desired in Statistics, Economics, Mathematics, or related field.

Experience

Minimum

• 5+ years of experience working with property and casualty insurance industry products or 3+ years with a Master's Degree
• Supervisory experience required
• At least 2 years of experience as a Product Manager 1 or equivalent position.
• Or equivalent combination of education and/or experience.

Preferred

• 5 or more years of experience with Commercial Multi-Peril

Knowledge And Skills

• Proven ability to constructively tackle new or complex problems and make data-driven decisions, often with limited or incomplete information.
• In-depth technical knowledge of industry products and services, philosophy and best practices and the ability to apply such knowledge in a strategic capacity
• Excellent written and verbal communication skills to correspond with management, internal and external customers
• Advanced problem-solving, quantitative, and analytical skills
• Relentlessly curious

About the Company

At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it.

Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life.

We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.

Why choose a career at Mercury?

Learn more about us here: https://www.mercuryinsurance.com/about/careers

Perks And Benefits

• Competitive compensation
• Flexibility to work from anywhere in the United States for most positions
• Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
• Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
• Medical, dental, vision, life, and pet insurance
• 401 (k) retirement savings plan with company match
• Engaging work environment
• Promotional opportunities
• Education assistance
• Professional and personal development opportunities
• Company recognition program
• Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more

Mercury Insurance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law.

Pay Range

USD $118,664.00 - USD $230,619.00 /Yr.