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Product Analyst I

29818

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 a diverse 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...

Join a high-performing, collaborative Product Management team focused on the personal auto line of business. As a Product Analyst I, you’ll play a key role in supporting data-driven decisions that enhance profitability and growth. This is an excellent opportunity for someone early in their career who is analytical, curious, and eager to learn the fundamentals of insurance product strategy.

 

What you'll accomplish...

  • Own the end-to-end analysis process to support personal auto rate filings, including:
    • Extracting and preparing data from multiple sources.
    • Building the rate order of calculation to determine premiums by coverage.
    • Calculating rate impacts and off-balances.
    • Preparing exhibits for rate proposals and regulatory filings.
    • Updating and validating rating tables.
  • Reconcile data across systems to ensure accuracy and consistency in analysis.
  • Develop clear, concise documentation and visualizations to communicate findings and support decision-making.
  • Contribute to a culture of continuous improvement by identifying opportunities to streamline processes and enhance data quality.
  • Help track and evaluate key business metrics to identify growth opportunities and areas for improvement.
  • Collaborate with cross-functional teams to support product changes and implementations.
  • Contribute to research efforts on market trends, customer needs, and competitor strategies.
  • Learn and apply best practices in insurance product management, pricing, and regulatory compliance.
  • Perform other duties as assigned.

Physical actions...

Walking, seeing, driving, speaking, hearing, standing and lifting/carrying up to 20 pounds.

Physical environment...

Required job duties are normally performed in a climate- controlled office environment, with occasional exposure to uncontrolled outside environmental conditions.

Education needed...

  • High school diploma or equivalent required.
  • Bachelor’s degree in Business, Finance, Economics, Statistics, Mathematics, or a related field preferred.

Experience Requirements

  • Strong analytical and problem-solving skills with a keen attention to detail.
  • Technical skills with platforms such as SAS, SQL, Excel, PowerBI preferred.

Special skills needed...

  • Strong Excel (vlookups, pivot tables) spreadsheets and databases; other tools such as SQL, PowerBI, SAS preferred.
  • Excellent written and verbal communication skills.
  • Self-motivated, organized, and able to manage multiple priorities in a fast-paced environment.
  • 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: $68,640 - $107,250
    o CO Only: $63,200 - $92,730 
    o HI/IL/MN/VT Only: $63,200 - $99,220
    o MA Only: $63,200 - $99,220 
  • o MD Only: $63,200 - $99,220
    o NY/DC/NJ Only: $63,200 - $107,250 
             o Albany County: $67,440 - $92,730 
    o WA Only:  $77,969 - $112,750 
  • 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): US - OH - Independence, 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.

 

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


Nearest Major Market: Cleveland

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