Summary
Location
United States
Salary
$85k - $163k
Type
full-time
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About this role
We are Farmers!
We are… more than just your favorite commercials. At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers.
Farmers is an award winning, equal opportunity employer, committed to the strength of an inclusive workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture! To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.
Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-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
Monitors product performance using quantitative analysis while providing actionable insights and enhancements to products and strategies.
Essential Job Functions
- Utilize fundamental and quantitative analysis across numerous personal lines products.
- Communicate and present key metrics and recommended product strategies to leadership.
- Takes leadership role in special projects as assigned by leader and may be responsible for providing business requirements to IT.
- Develops long and short-term plans for their assigned product or strategy.
- Assist in the development of pricing and contract changes for product.
- Manages the analysis and research performed in the development of new products.
- Stays abreast of industry developments.
- Facilitates through other parts of the organization to accomplish results.
- 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.
Special Skill Requirement
- PC Skills, including Excel, PowerBI, Power Point, Access, SAS, Word and basic programming for statistical purposes.
- Excellent verbal/written communication skills, including ability to make effective presentations.
- Knowledge of or ability to quickly learn advanced insurance pricing concepts and insurance terms and structure.
- Ability to manage workflows and set appropriate goals and milestones
Physical Environment
Physical Actions
- This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions.
- Sits or stands for extended periods of time, up to a full work shift.
- Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping.
- Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance.
- Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction.
- Visually verifies and reads information.
- Visually locates material, resources and other objects.
- Ability to continuously operate a computer for extended periods of time, up to a full work shift.
- Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.
Benefits
- Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $91,350 - $154,990
o CO Only: $85,800 - $133,980
o HI/IL/MN/VT Only: $85,800 - $143,550
o MA Only: $85,800 - $143,550 - o MD Only: $85,800 - $154,990
o DC/NJ/NY/OH Only: $85,800 - $154,990
o Albany County, NY/Cleveland, OH: $91,350 - $133,980
o WA Only: $85,800 - $163,125 - Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
- 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.
Spokane, WA only: Residents who prefer not to provide their address click here to submit your resume via email: [email protected]
Other facts
About Farmers Insurance Careers
The companies comprising the Farmers Insurance Group of Companies® currently make up one of the country's largest insurers of vehicles, homes and small businesses, and provide a wide range of other specialty insurance and financial services products.
In business since 1928, today at Farmers® we proudly serve millions of households across all 50 states through an extensive network of exclusive and independent agents and approximately 18,000 employees. Our experience provides a rich history and legacy of service and strong customer relationships, while our focus on smart innovation, technology and entrepreneurship helps us to stay creative, to continually improve our product offerings and to drive the evolution of the insurance industry.
Every interaction with our customers is a chance to stand out through personalized service and make a meaningful difference in their lives. We take pride in empowering individuals and businesses to become smarter and better prepared to protect what matters most.
Giving back is also a core part of who we are. Our culture is rooted in volunteerism and a shared commitment to strengthening the communities where we live and work.
At Farmers, we truly value your experience as a candidate, and part of that is helping you stay informed and protected. Please keep in mind that any email from a legitimate corporate Farmers Insurance employee will always come from an email address ending in @farmersinsurance.com, @bristolwest.com, or @foremost.com.
If you see a message from a different domain, even one that looks close, it's best to treat it with caution. Knowing this helps ensure your communication with us stays safe, secure, and authentic.
And if you are ever suspicious of an email and want to verify the legitimacy, please feel free to send an email to [email protected]
What you'll do
- The Product Management Analyst monitors product performance using quantitative analysis and provides actionable insights and enhancements to products and strategies. They communicate key metrics and recommended strategies to leadership and manage the analysis for new product development.
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