Product Manager II State (CMP/BOP)

Mercury Insurance is a recognized leader in the insurance industry, recently awarded as one of America's Best Midsize Employers for 2026. The Product Manager II will manage product premium volume growth and profitability results within assigned states, working collaboratively with various departments to ensure product success and strategic direction.

Responsibilities:

• 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
• 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
• Master's degree desired in Statistics, Economics, Mathematics, or related field
• 5 or more years of experience with Commercial Multi-Peril