Farmers Insurance is dedicated to providing peace of mind to customers through protection and comprehensive advice. The Personal Lines Product Manager will manage and enhance product performance in their assigned region, analyze data to drive profitable growth, and collaborate with cross-functional teams.
Responsibilities:
- Responsible for managing and enhancing personal lines product performance in assigned region by leveraging insights across a variety of internal and external sources, conducting root cause analysis and collaborating with cross-functional teams
- Analyzes internal and external data to fully understand profit, production, competitive position and market trends to develop strategies to drive profitable growth
- Responsible for profits/losses in assigned product/territory
- Develops long- and short-term plans for their assigned product/territory with State Executives
- Leverage market research to identify growth opportunities withing the assigned product/territory
- Takes leadership role in special projects as assigned by State Manager
- Work with underwriting team to adjust appetite to improve performance, profitability, and agent experience
- Collaborate with internal partners in Underwriting, Analytics, Actuarial, IT, and Claims to understand profitability, market opportunities and potential system changes
- Trains and develops product analysts
- Coordinates state and home office legislative and regulatory affairs providing input on key bills and regulation
Requirements:
- High School Diploma or equivalent High school diploma or equivalent required
- Six years of related experience in insurance Product Management
- Demonstrated leadership skills
- Strong verbal and written communication skills
- Demonstrated ability to secure 'buy-in' and convince others regarding best approach
- Goal oriented team player with a positive attitude
- Excellent time management skills
- Strong relationship building
- Bachelor's degree strongly preferred, specifically in a mathematical or statistical field