[Remote] Product Manager I - PL

Note: The job is a remote job and is open to candidates in USA. Farmers is hiring a Product Manager I to support rate filings, product initiatives, and process improvement that contribute to profitable business growth. The role coordinates execution across state teams and business partners, supports regulatory and compliance work, and guides junior analysts.

Responsibilities

• Demonstrates a foundational expertise in the principles of product management, filing process, quoting platforms and systems, knowledge management, underwriting guidelines and defining data requirements in support of the profit and growth of the business
• Demonstrates foundational expertise in ability to navigate the organization's processes (filing, IT programming/delivery/testing, compliance, underwriting, regulatory) to influence the timeline and sequencing of both rate and non-rate initiatives that drive and influence business results
• Responsible for scheduling and deployment of rate revisions, multi-state product initiatives, and non-rate initiatives, ensuring alignment across impacted states
• Provides support and guidance for all stages of the rate execution, filing process, compliance and regulatory projects
• Business owner for all compliance and regulatory requests and initiatives
• Building regulatory expertise for assigned market or product
• Influences and drives complex rate and non-rate initiatives timeline and sequencing
• Coordinates communication and execution across state teams, actuarial, national product, underwriting, and distribution
• Demonstrates foundational expertise of competitor product structure, underwriting rules, systems and quoting platforms. Proactively and independently researches competitors to support and drive compliance and regulatory changes
• Provides training, onboarding, support and guidance to junior analysts
• Provides guidance and escalation support for complex or high-impact product issues
• Presents, informs and develops initial recommendations to leaders and business partners regarding proposed product or underwriting rule changes
• Develops support and initial recommendations for interactions and negotiations for proposed product or underwriting rule changes with departments of insurance and other regulatory entities
• Developing network with key internal business partners
• Self-motivated with an ability to drive process improvements. Finds opportunities to optimize product changes, project implementation, and underwriting guideline updates

Skills

• High School Diploma or equivalent is required
• Demonstrated analytical and research skills
• Possesses strong organizational skills with technical aptitude
• Experience in Excel required
• Effective interpersonal skills: has the ability to work in teams, embraces collaboration and networking
• Embraces continuous learning
• Strong written and verbal communication skills
• Process improvement, lean thinking
• Demonstrated mentorship and coaching skills
• Bachelor's degree with focus in Business, or Research such as Economics, Business Administration, Marketing, Risk Management preferred
• Minimum 7 years US property & casualty experience in product or underwriting; or related experience preferred
• People leadership experience preferred
• Experience with AI and Automation Tools preferred

Benefits

• Hybrid work: at least three days in office and up to two days virtual for employees who live within 50 miles of a Farmers corporate office; applicants beyond 50 miles may still be considered.
• Remote work (approved alternative work location).
• Bonus opportunity based on company and individual performance.
• 401(k).
• Medical, dental, and vision coverage.
• Health Savings and Flexible Spending Accounts.
• Life insurance.
• Paid time off.
• Paid parental leave.
• Tuition assistance.
• Meaningful volunteer projects.

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