Product Manager II

🕒 April 15

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Logo of Mercury Insurance

Mercury Insurance

5001 - 10000 employees

Founded 1962

💸 Finance

👥 B2C

Insurance • Finance • B2C

Mercury Insurance is a leading provider of insurance products, focusing on protecting individuals and their assets with a commitment to privacy and customer service. The company operates through independent agents and offers a range of insurance services including auto, home, and other personal insurance products. Mercury Insurance prioritizes the security of personal information and compliance with privacy laws, ensuring that customer data is handled with care and only shared when necessary for account servicing or as legally required.

📋 Description

• 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. • Master's degree desired 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. • 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

🏖️ 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

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