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PL Product Mgr Asst

26462

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 )

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

  • Supports and manages insurance product performance in market by leveraging analysis, insights across a variety of internal and external sources to conduct root cause analysis.

Essential Job Functions

  • Responsible for profits/losses in assigned product/territory.
  • Develops long- and short-term plans for their assigned product/territory with State Executives
  • Analyzes internal and external data to fully understand profit, production, competitive position and market trends to develop strategies to drive profitable growth
  • Leverage market research to identify growth opportunities within the assigned product/territory
  • Takes leadership role in special projects as assigned by State Manager
  • Work with underwriting team to adjust appetite to improve performance, profitability, and agent experience
  • Collaborate with internal partners in Underwriting, Analytics, Actuarial, IT, and Claims to understand profitability, market opportunities and potential system changes
  • Trains and develops product analysts.
  • Coordinates state and home office legislative and regulatory affairs providing input on key bills and regulation. 

Physical Actions

This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions. Sits or stands for extended periods of time, up to a full work shift. Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping. Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance. Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction. Visually verifies and reads information. Visually locates material, resources and other objects. Ability to continuously operate a computer for extended periods of time, up to a full work shift. Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.

Physical Environment

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

Education Requirements

High School Diploma or equivalent High school diploma or equivalent required. Bachelor’s degree in mathematical or statistical field preferred. Masters degree preferred.

Experience Requirements

Four years experience in similar role or one year in Senior Product Analyst role.

Special Skill Requirement

Proficient PC Skills, including Excel, Access, SAS, Word and basic programming for statistical purposes. Excellent verbal/written communication skills, including ability to make effective presentations and write articles publishable in trade magazines. Knowledge of or ability to quickly learn advanced insurance pricing concepts and insurance terms and structure. Must achieve minimum passing score on logical reasoning analytical aptitude exam

Benefits

  • Farmers offers a competitive salary commensurate with experience, qualifications and location.
    o CA Only: $92,720 - $147,400
    o CO Only: $87,040- $127,490 
    o HI Only: $87,040 - $136,510
    o IL/MN/VT Only: $87,040 - $136,510
  • o MD Only: $87,040 - $136,510
    o NY/DC/Jersey City Only: $87,040 - $147,400 
             o Albany County: $92,720 - $127,490 
    o WA Only:  $87,040 - $155,125 
  • 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 (Hybrid if located within 50 miles of corporate office)

 

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.

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