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.
Requirements
Bachelor’s Degree required in Statistics, Economics, Mathematics, or related field.
Master's degree desired in Statistics, Economics, Mathematics, or related field.
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.
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
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
Product Manager II at Mercury Insurance | JobVerse