Associate Product Development Manager

Farmers Insurance

  • Woodland Hills, CA
  • $95,040-151,140 per year
  • Permanent
  • Full-time
  • 20 days ago
We are Farmers!We are… more than just your favorite commercials. At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers.Farmers is an award winning, equal opportunity employer, committed to the strength of an inclusive workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn't just our business - it's our culture! To learn more about our high-performance culture and open opportunities, check out and be sure to follow us on , , and .Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote ) - depending on candidate location.Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds 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.About the role...
  • Supports national personal lines auto product development or product segments in product and segmentation roll-outs.
  • Conducts research activities regarding improved product segmentation to establish profitability, premium growth, and customer experience.
  • Assesses profitability, growth, competitors' strategies, and initiative changes to the products or product segments.
What you'll accomplish...
  • Responsible for profit/losses for assigned products or product segments.
  • Assists in development of long- and short-term plans for assigned products or product segments with corresponding personal lines staff and field management staff.
  • Develops and implements risk selection, pricing and contract changes for products or product segments.
  • Develops and implements new products or product segments.
  • Perform analysis and research in the development of product or product segment and its alignment with others.
  • Works with IT and Business Operations to plan system changes and develop requirements.
  • Develops product implementation procedures to ensure an orderly change or rollout.
  • Facilitates through other parts of the organization to accomplish results.
  • Stays abreast of industry developments.
  • Performs other duties as assigned.
Physical actions...
  • This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions.
  • Sits or stands for extended periods of time, up to a full work shift.
  • Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping.
  • Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance.
  • Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction.
  • Visually verifies and reads information.
  • Visually locates material, resources and other objects.
  • Ability to continuously operate a computer for extended periods of time, up to a full work shift.
  • Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.
Education needed...
  • High School Diploma or equivalent required.
  • Bachelor's degree in mathematical or statistical field preferred.
Experience needed...3-5 years experience in a similar role required, preferably underwriting or product management.Note:Candidate qualifications may be reviewed against the requirements for the associated levels of this position's core function. Salary grade will be based on selected candidates' experience and skills.Special skills needed...
  • Proficient PC Skills, including Excel, Access, SAS/Snowflake, Word and basic programming for statistical purposes.
  • Strong verbal and written communication skills.
  • Goal oriented team player with a positive attitude.
  • Excellent time management skills.
  • Strong relationship building.
Benefits
  • Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $95,040 - $151,140
o CO Only: $89,280 - $130,680
o HI/IL/MN/VT Only: $89,280 - $140,030
o MA Only: $89,280 - $140,030 * o MD Only: $89,280 - $140,030o NY/DC/NJ Only: $89,280 - $151,140
o Albany County: $95,040 - $130,680
o WA Only: $89,280 - $159,125 * 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
  • For more information, review “What we offer” on
Job Location(s): US - CA - WdlndHills-6303, R_US - United States, US - CT - HartfordAnticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws.Want to learn more about our culture & opportunities? Check out and be sure to follow us on , , and .Spokane, WA only: Residents who prefer not to provide their address click here to submit your resume via email:

Farmers Insurance