Role Description

At Mercury, members of our Product Management Team are responsible for driving profitable growth in their assigned states and line of business Commercial Lines Auto and/or Commercial Multi Peril. The primary job function is to act as subject matter expert in statistical modeling methodology and/or product research. Identifies issues and recommends solutions and enhancements to current insurance products. Supports strategy to research, design, and develop new insurance products to achieve profitable growth.

Responsibilities

• Acts as a subject matter expert in statistical modeling methodology and product research.
• Identifies business opportunities through data analysis and market research.
• Researches and evaluates new data sources for risk segmentation improvement.
• Contributes to the idea generation on data process and modeling methodology evolution.
• Supports the design, rating and development of new and enhanced products for targeted lines of business.
• Reviews and understands results of analyses and implements changes in pricing and product models as directed.
• Partners with PDMs and cross functional teams including MTS, Underwriting, Sales Development, and other divisions to implement product enhancements.
• Supports company-wide initiatives on data and product delivery process.
• Provides data, statistical and analytical support to others.
• Mentors junior analysts and provides product training throughout the organization as necessary.

Qualifications

• Minimum: Bachelor’s Degree required with emphasis in analytical concentration such as Actuarial Science, Data Science, Economics, Engineering, Finance, Math, Statistics.
• Preferred: Ph.D.'s or master’s degree preferred.
• Minimum: At least 2 years’ experience in the P&C Insurance industry and/or the product development field.
• At least 8 years’ experience with data and analytics applications in Financial and other similar industries.
• Or equivalent combination of education/experience.
• Technical knowledge of P&C industry products and services.
• Great analytical and quantitative skills.
• Advanced statistical modeling ability.
• Excellent written and verbal communication skills to correspond with internal and external customers.
• Proficient in Microsoft Excel and Access.
• Proficient in Python, R or other language and statistical software.
• Detail-oriented and capable of delivering a high level of accuracy.
• Ability to work in a deadline driven environment while demonstrating collaborative efforts with various teams.

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.