Job description

Join an amazing team that is consistently recognized for our achievements and culture, including our most recent Forbes award of being one of America's Best Midsize Employers for 2023!

Position Summary

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 manage the design, rating and development of new and enhanced products for targeted lines of business.

Essential Job Functions

Leads team members, provides training opportunities, recruits, manages, talent development, performance management, compensation decisions and staff planning within R&D team. Ensures collaboration within the Company to implement products to meet growth and profitability targets. Evaluates, audits, and guides data research and statistical analyses to solve problems. Employs advanced statistical concepts and data analyses methods in innovative research and modeling.
Considers recommended solutions and enhancements to current insurance products submitted by Product Analysts. Presents research plans and results to senior managers. Ensures completed analyses of competitor pricing, product features, and service levels
Partners with colleagues to interpret results of analyses and implement changes in pricing and product models. Interfaces with Underwriting, Marketing, and other divisions to improve processes and reduce barriers to success. Ensures integration with IT, Underwriting, Marketing, and other divisions to implement product enhancements.
Participates in the decision-making process for evaluation of new ideas and pricing positions.
Other functions may be assigned

Education

Bachelor’s Degree required,
Ph.D. / Master’s Degree preferred with an emphasis in an analytical concentration such as math, statistics, economics, finance, or quantitative research, etc.

Experience

At least 5 years experience in the P&C Insurance industry and/or the product development field
Minimum 2 years leadership Supervisory or team lead experience through project management
Or equivalent combination of education and/or experience.

Knowledge And Skills

Individual contributor role with strong problem solving mindset
Demonstrated leadership competencies leading a staff through full-cycle project management, effective talent management and maintaining highly motivated team
Strong analytical and quantitative skills required.
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.
Advanced proficiency in MS Excel and MS Access required.
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

Competitive compensation
Flexibility to work from anywhere in the United States for most positions
Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
Medical, dental, vision, life, and pet insurance
401 (k) retirement savings plan with company match
Engaging work environment
Promotional opportunities
Education assistance
Professional and personal development opportunities
Company recognition program
Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more

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.

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