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Business Insurance Product Analyst

30869

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 ) - depending on candidate location.

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.

About the role...

  • Performs data analysis 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.
  • Analysis includes marketplace dynamics, competitive analysis, pricing segmentation, and line and segment level analysis within assigned scope and support from leader.

What you'll accomplish...

  • Gathers and manipulates data and information to analyze and work on moderately scoped issues, recommending actions to achieve business goals.
  • Collaborates with business partners to understand desired business outcomes and offers product perspective and expertise.
  • Completes and maintains competitive and marketplan analysis within limited region or part of a region and support from leader.
  • Provides recommendations using analysis and interpretation of rates, data, and trends to assigned projects.
  • Creates and maintains a collaborative relationship with field partners who support local strategies.
  • Performs other duties as assigned.

Education needed...

  • 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.
  • Pursuing CPCU preferred.

Experience needed...

2 years insurance or financial services analytics experience required.

Experience working in Commercial Insurance/Business Insurance strongly preferred.

Special skills needed...

  • Strong verbal and written communication skills.
  • Demonstrated ability to secure 'buy-in' and convince others regarding best approach.
  • Goal oriented team player with a positive attitude.
  • Excellent time management skills.
  • Strong relationship building.

Benefits

  • Farmers offers a competitive salary commensurate with experience, qualifications and location.
    o CA Only: $75,200 - $120,010
    o CO Only: $70,640 - $103,400 
    o HI/IL/MN/VT Only: $70,640 - $110,660
    o MA Only: $70,640 - $110,660 
  • o MD Only: $70,640 - $110,660
    o DC/NJ/NY/OH Only: $70,640 - $120,010 
             o Albany County, NY/Cleveland, OH: $75,200 - $103,400 
    o WA Only:  $77,969 - $125,750 
  • 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 InstagramLinkedIn, and TikTok.

 

Spokane, WA only:  Residents who prefer not to provide their address click here to submit your resume via email: careers@farmers.com

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