Farmers Insurance is a team with a passion for purpose and making a real difference in people’s lives. The PL Product Development Manager is responsible for developing new product features and enhancing existing products, including the construction of appropriate policy language, required coverages, and necessary rating structure.
Responsibilities:
- Responsible for design, implementation, and monitoring of assigned product features
- Develops short term and long term plans for assigned products and product features
- Directs development of product pricing and contract changes
- Manages the analysis and research performed in the development and its alignment with other lines
- Participates in development of national product initiatives
- Represents enterprise Product team on state, regional and national projects
- Takes leadership role in special projects as assigned by senior leader
- Stays abreast of industry developments
- Negotiates and sets priorities to align product goals with the enterprise Product goals
- Facilitates through other parts of the organization to accomplish results
- Responsible for providing requirements to IT for system changes
- Trains and develops product analysts
- Coordinates state and home office legislative and regulatory affairs providing input on key bills and regulation
- Performs other duties as assigned
Requirements:
- High school diploma or equivalent required
- Seven years experience in similar role required
- Analytical experience
- Bachelor's degree preferred in mathematical or statistical field
- Master's degree preferred