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Mercury InsuranceMI

Product Analyst II

Mercury Insurance is a top provider of auto and home insurance in California, renowned for competitive rates and excellent service.

Mercury Insurance

Employee count: 1001-5000

Salary: 77k-142k USD

United States only

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Overview

Position Summary:

With general supervision from the manager, the primary job function is to work largely independently to monitor, audit and analyze product performance, recognize opportunities and make recommendations to achieve overall profitability and growth in assigned states and line of business. Provide assistance and contribute to product and pricing improvements and development of next generation insurance products.

Geo-Salary Information

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

State specific pay scales for this role are as follows:

$76,829 to $142,213(CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$69,845 to $X129,284 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$X62,860 to $116,356 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

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:Works independently to monitor, audit and analyze product performance to identify issues and opportunitiesTests new rating models against existing ones to determine performance of accuracy of prediction, loss ratio improvement and segmentationProvides assistance and contribute to product and pricing improvements and development of next generation insurance products. Recommends ideas to improve product offerings, process improvements and/or goal changesMeets with management and team to present analysis needs; Prepares reports, graphs and charts based on research and analysis. Operates within a project plan to incorporate business objectives, data scope, research methodology, resources and time-frame.Serves as a contact for reporting needs/issues regarding complex data. Participates in the formation of business plans and forecasts and provides answers to questions about business data to appropriate business units.

Qualifications

Education:Bachelor’s degree requiredMaster’s degree preferred3+ years of product management or product development experienceP&C industry experience preferredOr equivalent combination of education/experience

About the Company

Why choose a career at Mercury?

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.

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

Perks and Benefits

We offer many great benefits, including:

  • 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 $76,829.00 - USD $142,213.00 /Yr.

About the job

Apply before

Posted on

Job type

Other

Experience level

Salary

Salary: 77k-142k USD

Education

Bachelor degree

Experience

3 years minimum

Experience accepted in place of education

Location requirements

Hiring timezones

United States +/- 0 hours

About Mercury Insurance

Learn more about Mercury Insurance and their company culture.

View company profile

Mercury Insurance Services, LLC is a leading insurance provider in California, established in 1961 by George Joseph. The company is renowned for its commitment to offering competitive insurance rates and exceptional customer service. Mercury specializes in providing auto, home, renters, and business insurance. One of the company's standout features is its dedication to helping customers save money; statistics show that Californians save an average of $1,008 annually with Mercury Auto Insurance. This impressive figure highlights the company's effectiveness in creating tailored insurance solutions for a diverse clientele.

As a key player in the insurance industry, Mercury is recognized as one of the largest private passenger automobile insurers in California, with over $4.5 billion in total assets and more than 4,500 employees. The company operates through a robust network of over 8,000 independent agents, ensuring personalized service and access to comprehensive coverage options. The company's claims process stands out for its 24/7 availability, allowing customers to file claims at any time. Additionally, Mercury guarantees any repairs completed by authorized repair shops, demonstrating its commitment to quality and customer satisfaction.

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Mercury Insurance

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