Personal Lines Product Manager II/Senior

Summary

Farmers Insurance is an insurance company focused on helping customers achieve peace of mind through innovative and accountable solutions. The Personal Lines Product Manager II/Senior manages product profitability and growth across an assigned geographic territory, analyzes market and competitive data, develops product strategies, and collaborates with internal partners on underwriting, regulatory, actuarial, technology, and claims matters.

Responsibilities

• Responsible for profits/losses in assigned product/territory
• Analyzes internal and external data to fully understand profit, production, competitive position and market trends to develop strategies to drive profitable growth
• Develops long-and short-term plans for their assigned product/territory with corresponding State Manager
• Leverages market research to identify growth opportunities withing the assigned product/territory
• Takes leadership role in special projects as assigned by State Manager
• Collaborates with internal partners in Distribution, Underwriting, Analytics, Actuarial, IT, and Claims to understand profitability, market opportunities and potential system changes
• Coordinates state and home office legislative and regulatory affairs by providing input on key bills and regulation
• Recruits, trains and develops product analysts

Skills

• High School Diploma or equivalent required
• Proficient 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
• Bachelors degree highly preferred (possibly required for certain roles) in mathematical or statistical field
• Graduate degree preferred
• Personal lines product management experience in complex states is highly preferred
• Product Analyst, Actuarial or similar experiences within property and casualty personal lines insurance preferred

Qualifications

Must Haves

• High School Diploma or equivalent required
• Proficient 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

Nice to Haves

• Bachelors degree highly preferred (possibly required for certain roles) in mathematical or statistical field
• Graduate degree preferred
• Personal lines product management experience in complex states is highly preferred
• Product Analyst, Actuarial or similar experiences within property and casualty personal lines insurance preferred

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
• Hybrid work environment 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