Sr. Product Analyst- PL Pricing Analytics
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
Responsible for obtaining, evaluating, and communicating information that supports revenue growth and profitability. Recommends strategies for improving results and market position.
What You'll Do
- Analyzes information using data correlation, and statistical analysis.
- Develops data and information structure.
- Creates and modifies computer programs to extract information from company databases.
- Prepares state indications and other analyses of loss experience, retention, and expense data.
- Suggests enhancements to standard methodologies.
- Performs primary field research, including customer, distribution, competitor, insurance department, and market surveys.
- Works with State Offices to support rate proposal and marketing plan development.
- Identifies market segments and develops specialized pricing approaches.
- Prepares exhibits for state filings and responds to requests from regulators for additional data.
- Provides detailed requirements for systems implementation projects.
- Measures and monitors performance of states, initiatives, and identified segments.
- Facilitates through other parts of the organization to accomplish results.
- Performs other duties as assigned.
What You'll Bring
- Requirements for Sr. Product Analyst: 3 years experience in similar role or one year in Product Analyst II role.
- Experience working with SQL, SAS and/or PowerBi, preferred.
- Data analytics experience, preferred.
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.
Education You'll Need
- High school diploma or equivalent required.
- Bachelor’s degree preferred.
Physical Actions
Physical Environment
Benefits
- Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $82,560 - $131,230
o CO Only: $77,360 - $113,520
o HI Only: $77,360 - $121,220
o IL/MN/VT Only: $77,360 - $121,220 - o MD Only: $77,360 - $121,220
o NY/DC/Jersey City Only: $77,360 - $131,230
o Albany County: $82,560 - $113,520
o WA Only: $77,360 - $137,750 - 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.
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.