Company: Farmers Insurance
Job description: 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 and be sure to follow us on , , and .Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote ) - depending on candidate locationFarmers 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...Responsible for managing pricing and marketing of their product within assigned geographic territory, generally smaller than those assigned to Senior Product Managers. Manages a team of Product Management Analysts.What you'll accomplish...
- Responsible for profits/losses in assigned product/territory.
- Takes leadership role in special projects as assigned by Senior Product Manager.
- Develops long- and short-term plans for their assigned product/territory with State Executives.
- Directs development of product pricing and contract changes.
- Manages the analysis and research performed in the development and its alignment with other lines.
- Stays abreast of industry developments.
- Negotiates and sets priorities to align product goals with the State Executives' goals.
- Facilitates through other parts of the organization to accomplish results.
- Responsible for providing requirements to IT for system changes.
- Trains and develops product analysts.
- Coordinates state and home office legislative and regulatory affairs providing input on key bills and regulation.
- Performs other duties as assigned.
- Job is performed in-person at a Farmers office or virtually at an approved alternative work location.
- The physical work environment is indoors and climate-controlled with adequate lighting and ventilation.
- Normal and customary distractions include background noise produced by office equipment and chatter among people, as well as interruptions.
- Frequently sits for prolonged periods of time, up to a full shift.
- Occasionally moves about the workplace including, navigating stairs, ramps, and level or uneven surfaces.
- Occasionally moves, pushes, pulls, lifts, carries, and/or places objects or materials weighing up to 25 pounds without assistance.
- Frequently uses shoulders, arms, hands, and fingers to manipulate equipment, tools, and objects necessary to perform job duties.
- Frequently performs fine motor tasks such as typing, mousing, or writing, up to a full shift.
- Rarely performs movements such as bending, stooping, crouching, kneeling, twisting, and reaching overhead or below the knees.
- Possesses clear vision, with or without correction, to visually read and verify information.
- Relies on depth perception and peripheral vision to navigate the work environment visually by identifying barriers, changes in terrain and locating objects.
- Possesses adequate hearing, with or without correction, to communicate with co-workers, respond promptly to auditory signals or alarms, and discern sounds essential for maintaining safety and productivity in the workplace.
- Jobs in this category require rare, if any, travel.
- High school diploma or equivalent required.
- Bachelor's degree in mathematical or statistical field preferred.
- Masters degree preferred.
- PL Product Assistant: Four years experience in similar role or one year in Senior Product Analyst role.
- Experience in a pricing or product analyst role within personal lines or commercial within the P&C industry, preferred.
- Candidate qualifications may be reviewed against the requirements for the associated levels of this position's core function; salary grade will be based on selected candidates' experience and skills.
- 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.
- Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CO Only: $89,280 - $130,680
o HI/IL/MN/VT Only: $89,280 - $140,030
o MA Only: $89,280 - $140,030 * o MD Only: $89,280 - $140,030o NY/DC/NJ Only: $89,280 - $151,140
o Albany County: $95,040 - $130,680
o WA Only: $89,280 - $159,125 * 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
Expected salary: $95040 - 151140 per year
Location: USA
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