US-Remote Remote (Country) Full-time USD 118,664 – 230,619 / year

Mercury Insurance is hiring a Product Manager II State (CMP/BOP)

Responsibilities

  • Product Owner for cross-functional team for assigned states/products, working with relevant departments such as Claims, Underwriting, Sales/Marketing, Customer Service, IT and outside contacts, including agents, regulators and industry groups.
  • Independently develops and executes action plans and strategic direction for assigned states and product lines.
  • Key contributor to strategic direction for product lines.
  • Sets pricing and enhance the offerings to position the product towards profitable growth in the marketplace.
  • Ensures quality and accuracy of work; from Identification, Analysis, CBA, Implementation, Post Monitoring, and Cross Functional coordination/communication.
  • Maintains alignment with national model (allowing for regulatory and market condition deviations) and implementation to ensure successful development of the entire product line(s).
  • Accountable for product success in one or more assigned states/products.
  • Product lines to include, but not limited to, Auto and Property.
  • Recruits, manages, and develops Product Analysts and Assistant Product Managers.
  • Other functions may be assigned.

Requirements

  • Bachelor’s Degree required in Statistics, Economics, Mathematics, or related field.
  • 5+ years of experience working with property and casualty insurance industry products or 3+ years with a Master's Degree
  • Supervisory experience required
  • At least 2 years of experience as a Product Manager 1 or equivalent position.
  • Or equivalent combination of education and/or experience.
  • Proven ability to constructively tackle new or complex problems and make data-driven decisions, often with limited or incomplete information.
  • In-depth technical knowledge of industry products and services, philosophy and best practices and the ability to apply such knowledge in a strategic capacity
  • Excellent written and verbal communication skills to correspond with management, internal and external customers
  • Advanced problem-solving, quantitative, and analytical skills
  • Relentlessly curious

Nice to Have

  • Master's degree desired in Statistics, Economics, Mathematics, or related field.
  • 5 or more years of experience with Commercial Multi-Peril
  • 2 or more years of experience with E&S (Excess and Surplus)

Benefits

  • 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
Job Details
Location US-Remote
Work mode Remote (Country)
Employment Full-time
Salary USD 118,664 – 230,619 / year
Department Product Design & Management
Category Product
Posted 7 days ago
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About company
Mercury Insurance logo

Mercury Insurance has been providing comprehensive coverage options for auto, home, condo, renters, and business insurance as well as mechanical protection since 1961. The company is guided by its purpose to help people reduce risk and overcome unexpected events, and it takes pride in providing smooth and efficient claims resolutions. Headquartered in Brea, California, Mercury operates 15 additional offices across the 11 states in which it operates. The Special Investigations Unit (SIU) works with local and federal law enforcement to take down hundreds of fraud rings and scammers each year, saving customers from paying additional premiums due to phony claim payouts. Mercury has also established a stress-free vehicle repair process by designating Mercury authorized auto shops where any repairs are guaranteed for as long as you own the vehicle.

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