[Remote] Product Manager II - PL

Note: The job is a remote job and is open to candidates in USA. Farmers is hiring a Product Manager II - PL to support rate filings and profitable growth through product initiatives and process improvement. The role coordinates rate and non-rate initiatives across teams, oversees compliance and regulatory work, and provides guidance to junior analysts.

Responsibilities

• Demonstrates an 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 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. Demonstrates ability to proactively manage complex rate and non-rate initiatives
• Strategic Owner 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 deep regulatory expertise for assigned market or product
• Influences and drives more complex rate and non-rate initiatives timeline and sequencing
• Responsible for maintaining product and underwriting rules manuals, and other documentation
• Coordinates communication and execution across state teams, actuarial, national product, underwriting, and distribution
• Demonstrates 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. Responsible for developing junior team members
• Provides guidance and escalation support for complex or high-impact product issues
• Presents, informs and develops final recommendations to leaders and business partners regarding proposed product or underwriting rule changes
• Develops support and strategic recommendations for interactions and negotiations for proposed product or underwriting rule changes with departments of insurance and other regulatory entities
• Developing extensive 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
• Demonstrated analytical and research skills
• Possesses strong organizational skills with technical aptitude
• Experience in Excel
• 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
• Minimum ten years US property & casualty experience in product or underwriting; or related experience
• People leadership experience
• Experience with AI and Automation Tools

Benefits

• Hybrid work environment with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.
• Bonus Opportunity (based on Company and Individual Performance)
• 401(k)
• Medical
• Dental
• Vision
• Health Savings and Flexible Spending Accounts
• Life Insurance
• Paid Time Off
• Paid Parental Leave
• Tuition Assistance

Company Overview