Product Analyst II

Overview

Position Summary:

With general supervision from the manager, the primary job function is to work largely independently to monitor, audit and analyze product performance, recognize opportunities and make recommendations to achieve overall profitability and growth in assigned states and line of business. Provide assistance and contribute to product and pricing improvements and development of next generation insurance products.

Geo-Salary Information

State specific pay scales for this role are as follows:

$74,995 to $138,744 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$68,141 to $126,131(NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$61,327 to $113,518  (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.

Responsibilities

Essential Job Functions:Works independently to monitor, audit and analyze product performance to identify issues and opportunitiesTests new rating models against existing ones to determine performance of accuracy of prediction, loss ratio improvement and segmentationProvides assistance and contribute to product and pricing improvements and development of next generation insurance products. Recommends ideas to improve product offerings, process improvements and/or goal changesMeets with management and team to present analysis needs; Prepares reports, graphs and charts based on research and analysis. Operates within a project plan to incorporate business objectives, data scope, research methodology, resources and time-frame.Serves as a contact for reporting needs/issues regarding complex data. Participates in the formation of business plans and forecasts and provides answers to questions about business data to appropriate business units.

Qualifications

Education:Bachelor’s degree requiredMaster’s degree preferred3+ years of product management or product development experienceP&C industry experience preferredOr equivalent combination of education/experience

About the Company

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

Perks and Benefits

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.

Pay Range