Product Analyst I

Farmers Insurance Careers
2d$60,750 - $115,625Hybrid

About The Position

We are Farmers – where ambition meets opportunity. At Farmers, we’re not just known for unforgettable jingle – we’re a team with a passion for purpose and making a real difference in people’s lives. We deliver peace of mind when it matters most. Our results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn’t just a goal – it’s a way of life for both the organization and every individual on our team. We tackle challenges head-on, learn from every experience and measure our impact on the customers who trust us. Join an award-winning, equal opportunity employer, where you’ll find more than a job – you’ll find a supportive community. Enjoy competitive benefits, take part in meaningful volunteer projects, and help shape the future alongside talented colleagues across all backgrounds. At Farmers, helping others is at the heart of what we do. Ready to make your mark? Discover our vibrant culture and explore career opportunities at www.Farmers.com/careers/corporate. Connect with us on Instagram, LinkedIn and TikTok, and let’s build something incredible together! Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote ) 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.Job Summary Responsible for obtaining, evaluating, and communicating information that supports revenue growth and profitability. Recommends strategies for improving results and market position.

Requirements

  • High school diploma or equivalent required.
  • 2 years of related experience or 1.5 years in Product Analyst I role.
  • Proficient PC Skills, including Excel, Access, SAS, Word and basic programming for statistical purposes.
  • Strong verbal and written communication skills.
  • Demonstrated ability to secure 'buy-in' and convince others regarding best approach.
  • Goal oriented team player with a positive attitude.
  • Excellent time management skills.
  • Strong relationship building.
  • Strong technical skills including Word, Excel required, as well as data manipulation tools.
  • Walking, seeing, driving, speaking, hearing, standing and lifting/carrying up to 20 pounds.
  • Required job duties are normally performed in a climate- controlled office environment, with occasional exposure to uncontrolled outside environmental conditions.

Nice To Haves

  • Bachelor’s degree preferred.

Responsibilities

  • Creates and modifies computer programs to extract information from company databases.
  • Prepares analyses of loss experience, retention, and expense data.
  • Suggests enhancements to standard methodologies.
  • Performs primary field research, including customer, distribution, competitor, insurance department, and market surveys.
  • Supports rate proposal and marketing plan development.
  • Identifies market segments and develops specialized pricing approaches.
  • Prepares exhibits for state filings and responds to requests from regulators for additional data.
  • Provides detailed requirements for systems implementation projects.
  • Measures and monitors performance of states, initiatives, and identified segments.
  • Facilitates through other parts of the organization to accomplish results.
  • Performs other duties as assigned.

Benefits

  • Farmers offers a competitive salary commensurate with experience, qualifications and location.
  • CA Only: $70,304 - $110,000
  • CO Only: $60,750 - $95,150
  • HI/IL/MN/VT Only: $60,750 - $101,750
  • MA Only: $60,750 - $101,750
  • MD Only: $60,750 - $101,750
  • DC/NJ/NY/OH Only: $62,353 - $110,000
  • Albany County, NY/Cleveland, OH: $64,875 - $95,150
  • WA Only: $80,168 - $115,625
  • 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
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