Business Insurance - Lead Product Analyst
We are Farmers!
We are… more than just your favorite commercials. At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers.
Farmers is an award winning, equal opportunity employer, committed to the strength of an inclusive workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture! To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.
Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote )
Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.
Job Summary
- Develops data and analytics supporting growth and profitability in a region, or part of a region.
- Performs detailed analysis of product, pricing, and growth at a countrywide, regional, and state level.
- Supports and collaborates closely with field leadership and within Product Management in the development and implementation of state strategies through increased analysis, marketplace dynamics, competitive analysis, pricing segmentation, and line and segment level analysis with autonomy and limited supervision.
Essential Job Functions
- Performs data analysis that support growth and profitability in a region, or part of a region.
- This role requires a detailed analysis of product, pricing, and growth at a countrywide, regional, and state level.
- Analysis will include marketplace dynamics, competitive analysis, pricing segmentation, and line and segment level analysis with support from manager.
- Collaborates with business partners, making recommendations towards desired business outcomes.
- Influences stakeholders and peers in the management of a countrywide line of business.
- Develops increasing understanding of interacting variables in marketplace execution.
- Completes and maintains competitive and marketplan analysis as needed by leadership and stakeholders.
- Provides recommendations using analysis and interpretation of rates, data, and trends.
- Creates and maintains a collaborative relationship with field partners who support local strategies.
- Trains, assimilates, and formally mentors new team members.
- Performs other duties as assigned.
Experience Requirements
- Minimum 5 years insurance product experience required.
Education Requirements
- High School Diploma or equivalent required.
- Bachelors degree preferred in the area of business management, mathematics, management information, finance, actuarial science, economics or other analytics related field.
Additional Qualification
- Demonstrated analytical skills.
- Demonstrated problem solving skills.
- Demonstrated written communication skills.
- Strong verbal communication and listening skills.
- Proactively approaches responsibilities.
- Able to take limited conceptual direction and deliver high quality work on time.
- Possesses strong technical aptitude.
- Thorough Knowledge of Microsoft office products (Excel, Word, Powerpoint) required.
- SaaS, SQL abilities preferred.
Physical Actions
- Job is performed in-person at a Farmers office or virtually at an approved alternative work location.
- The physical work environment is indoors and climate-controlled with adequate lighting and ventilation.
- Normal and customary distractions include background noise produced by office equipment and chatter among people, as well as interruptions.
- Frequently sits for prolonged periods of time, up to a full shift.
- Occasionally moves about the workplace including, navigating stairs, ramps, and level or uneven surfaces.
- Occasionally moves, pushes, pulls, lifts, carries, and/or places objects or materials weighing up to 25 pounds without assistance.
- Frequently uses shoulders, arms, hands, and fingers to manipulate equipment, tools, and objects necessary to perform job duties.
- Frequently performs fine motor tasks such as typing, mousing, or writing, up to a full shift.
- Rarely performs movements such as bending, stooping, crouching, kneeling, twisting, and reaching overhead or below the knees.
- Possesses clear vision, with or without correction, to visually read and verify information.
- Relies on depth perception and peripheral vision to navigate the work environment visually by identifying barriers, changes in terrain and locating objects.
- Possesses adequate hearing, with or without correction, to communicate with co-workers, respond promptly to auditory signals or alarms, and discern sounds essential for maintaining safety and productivity in the workplace.
- Jobs in this category require rare, if any, travel.
Benefits
- Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $95,040 - $151,140
o CO Only: $89,280 - $130,680
o HI/IL/MN/VT Only: $89,280 - $140,030
o MA Only: $89,280 - $140,030 - o MD Only: $89,280 - $140,030
o DC/NJ/NY/OH Only: $89,280 - $151,140
o Albany County, NY/Cleveland, OH: $95,040 - $130,680
o WA Only: $89,280 - $159,125 - Bonus Opportunity (based on Company and Individual Performance)
- 401(k)
- Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
- Paid Parental Leave
- Tuition Assistance
- For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer
Job Location(s): R_US - United States
Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.
Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws.
Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.
Spokane, WA only: Residents who prefer not to provide their address click here to submit your resume via email: careers@farmers.com