Mercury Insurance is dedicated to helping people reduce risk and navigate unexpected events, and they are seeking a Sr. Product Manager to manage product premium volume growth and profitability results within assigned states. The role involves leading the Product Management group for Commercial Auto, developing strategic direction, and managing relationships across various departments.
Responsibilities:
- Manages relationship of every aspect of assigned product through interaction with relevant departments such as Claims, Underwriting, Sales/Marketing, Customer Service, and outside contracts (agents, regulators and industry groups)
- Develops action plans and strategic direction for functional areas and maintains alignment to ensure successful development of the entire product line
- Accountable for product success with one or more assigned states depending on market/regulation characteristics and population size
- Product lines include Commercial Auto
- Recruits, manages and develops various levels of Product Managers and Analysts
- Leadership on countrywide projects across the Product Management team and other functional groups
- Serves as the Product representative on cross functional initiatives
- Develops talent within the Product Management department
- Other functions may be assigned
Requirements:
- Bachelor's Degree required in Statistics, Economics, Mathematics, or related field
- 7+ years of experience working with property and casualty insurance industry on commercial products or 5+ years with a Master's Degree
- Supervisory experience required
- At least 2 years of experience as a Product Manager or equivalent position
- Superior problem-solving, quantitative and analytical skills and proven ability to make data-driven decisions
- Possesses demonstrated technical knowledge and skills regarding product and industry, reflective of successful progression through various job family levels within the Commercial Property & Casualty Insurance industry
- In-depth technical knowledge of auto 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
- Requires the regular exercise of independent judgment to make moderately complex decisions beyond the scope of the established Company guidelines and parameters
- Master's degree desired in Statistics, Economics, Mathematics, or related field