Farmers Insurance is a company passionate about making a real difference in people’s lives. The Senior Product Manager will manage all aspects of their product within assigned geographic territories, analyzing data to develop strategies for profitable growth and collaborating with internal partners.
Responsibilities:
- Responsible for profits/losses in assigned product/territory
- Analyzes internal and external data to fully understand profit, production, competitive position and market trends to develop strategies to drive profitable growth
- Develops long-and short-term plans for their assigned product/territory with corresponding State Manager
- Leverages market research to identify growth opportunities withing the assigned product/territory
- Takes leadership role in special projects as assigned by State Manager
- Collaborates with internal partners in Distribution, Underwriting, Analytics, Actuarial, IT, and Claims to understand profitability, market opportunities and potential system changes
- Coordinates state and home office legislative and regulatory affairs by providing input on key bills and regulation
- Recruits, trains and develops product analysts
Requirements:
- High School Diploma or equivalent required
- Bachelors degree highly preferred (possibly required for certain roles) in mathematical or statistical field
- Personal lines product management experience in complex states is highly preferred
- Proficient PC Skills, including Excel, Word, PowerPoint and basic programming for statistical purposes
- Excellent verbal/written communication skills, including ability to make effective presentations and write articles publishable in trade magazines
- Graduate degree preferred
- Product Analyst, Actuarial or similar experiences within property and casualty personal lines insurance preferred