United States onlyOverview
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 (CA, 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 $X188,688 (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:
- 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.
Qualifications
Education:
• Bachelor’s Degree required in Statistics, Economics, Mathematics, or related field.
• Master's degree desired in Statistics, Economics, Mathematics, or related field.
Experience:
• 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.
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
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.
