Members of the Product Management Team are responsible for driving profitable growth in the assigned Farmers’ line of business. Partnerships with other departments will help to ensure each state performs at the highest possible level. Industry knowledge, prior experience, instinct and business acumen combine to drive decisions in each individual state. Analyzing product rate levels, segmentation and underwriting practices to maintain profitability Evaluating the competition: How does our product compare to others in the marketplace? Using knowledge of state regulatory guidelines and constraints to assure product compliance. Maximizing product marketability by assessing product features, customer friendliness and agent quoting behavior.
Three years’ experience in similar role
Ability to manipulate and analyze data, and use reason and logic to draw conclusions
Exposure to computer programming language preferred
Sql
Time Management
Analytical skills
MS Excel
SAS
MS Word
MS Outlook
Process Improvement
Verbal communication
Results-oriented
written communication
Attention to detail
Adaptability
According to JobzMall, the average salary range for a Product Analyst is $50,000-$90,000 per year. This range may vary depending on the company, type of business, location, and level of experience. Additionally, Product Analysts may receive additional compensation such as bonuses, stock options, and other benefits.
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Farmers Insurance Group is an American insurer group of automobiles, homes and small businesses and also provides other insurance and financial services products. Farmers Insurance has more than 48,000 exclusive and independent agents and approximately 21,000 employees.
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