At Mercury, members of our Product Management Team are responsible for driving profitable growth in their assigned states and line of business (Personal Lines Auto, Property or Commercial insurance).
The primary job function is to contribute to the product strategy and roadmap, and lead and contribute to the design, rating and development of new and enhanced products for targeted lines of business.
An in-person interview may be required during the hiring process
State specific pay scales for this role are as follows:
$118,465 to $224,994 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)
$107,695 to $204,540 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)
$96,926 to $184, 086 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)
The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.
Essential Job Functions:
Contributes to the overall product evolution strategy and roadmap; Leads and contributes to the design, rating and development of new and enhanced products for targeted lines of business; Reviews and understands results of analyses and make recommendations on changes in pricing and product models.
Lead and contributes to the data process and modeling methodology evolution; Remains up to date with the development of P&C products and relevant data and modeling methodology in the field.
Identifies business opportunities through data analysis and market research; Researches and evaluates new data sources for risk segmentation improvement.
Partners with PDMs and cross functional teams including MTS, Underwriting, Sales Development, and other divisions to implement product enhancements; Supports company-wide initiatives on data and product delivery process.
Provides data, statistical and analytical support to others.
Mentors junior analysts and provides training throughout the organization as necessary.
Communicates with business stakeholders on project scope and priority; Ensures workflow is properly distributed according to priority of product development projects.
Education:
Minimum: Bachelor’s Degree required with emphasis in analytical concentration such as Actuarial Science, Data Science, Economics, Engineering, Finance, Math, Statistics.
Preferred: Ph.D.'s or master’s degree preferred.
Experience:
Minimum: At least 3 years’ experience in the P&C Insurance industry and/or the product development field.
At least 12 years’ experience with data and analytics applications in Financial and other similar industries
Or equivalent combination of education/experience
Knowledge and Skills:
Strong analytical and quantitative skills required.
Advanced in Python, R or other language and statistical software
Track record of demonstrated creativity in pricing and/or product development.
Strong critical thinking and problem-solving skills.
Ability to review moderately complex issues and develop solutions.
Must have initiative and be a self-starter.
Must have strong interpersonal skills and be able to build commitment to decisions.
Strong written and verbal communication skills required.
Requires the ability to effectively present recommendations and solutions to all levels within the organization in a clear manner.
Demonstrate highly skilled leadership values
Why choose a career at Mercury?
At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it.
Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life.
We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.
Learn more about us here: https://www.mercuryinsurance.com/about/careers
We offer many great benefits, including:
Mercury Insurance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law.
USD $118,465.00 - USD $224,994.00 /Yr.
At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help other others. Everyone needs insurance and we can’t imagine a world without it.
Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We are an award-winning company, and we owe that to our amazing team!
We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.
Mercury was founded in 1961 by George Joseph, Mercury’s Founder and Chairman. Back in the 50s, everyone paid the same rate, regardless of their driving record. Joseph decided he could create a new system by developing an insurance company that used different factors to create fair and equitable rates for a variety of drivers.
“We called our company Mercury, because I wanted us to be fast and nimble, just like the Roman God of business and merchants,” says Joseph. “He was also responsible for delivering good news to people on Earth, which is exactly what we do for Mercury customers every day.”
We, Mercury Insurance (NYSE-MCY), are a leading independent broker and agency writer of automobile insurance in California and one of the fastest growing automobile insurers in the nation. We were ranked as the fourth largest private passenger automobile insurer in California, with over $4.5 billion in total assets, 4,500 team members, and 8,000 independent agents.
We started by providing comprehensive coverage options for auto and expanded our offerings into home, condo, renters, and business insurance, as well as mechanical protection. We operate through a network of local, independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia.
