Note: The job is a remote job and is open to candidates in USA. Mercury Insurance is an insurance company focused on helping people reduce risk and overcome unexpected events. The Product Analyst II – State Product Management role analyzes product performance, pricing, competitiveness, and business trends for Personal Lines products, while supporting rate and product changes across assigned states. The role also develops analytics and dashboards, supports filings and business planning, and partners with cross-functional teams to communicate recommendations and drive implementation.
Responsibilities
- Monitor and analyze product performance (growth, profitability, mix, retention, and segment results) for assigned states and lines of business
- Identify emerging issues, trends, and opportunities; recommend actions to improve loss ratio, growth, and mix
- Use tools such as SQL/SAS/R/Python, Excel, and PowerBI/Hex, and rating/competitive tools to develop and validate datasets used for performance, pricing, and segmentation analysis and visualizations
- Build and maintain repeatable analytics, dashboards, and tools (e.g., Excel, BI tools) to monitor key KPIs and support decision making
- Support development of state and line business plans, including forecasts, production expectations, and performance targets
- Support Actuarial and Product Managers in designing, testing, and implementing rating and product changes for assigned states
- Compare proposed rating plans to current plans and competitors to understand rate level, segmentation, and dislocation impacts; summarize results and implications for Product Managers
- Validate data quality and ensure analytic outputs are accurate, reproducible, and aligned with business definitions
- Recommend and implement process improvements to streamline recurring analyses and reduce manual effort
- Partner with Actuarial, R&D, Underwriting, Sales, IT, and Claims, and others to define requirements and support implementation of rate and product changes in assigned states
- Support state rate filing efforts by preparing exhibits and analysis under direction of Product Managers and/or Actuarial
- Help translate technical findings into clear, business friendly summaries and talking points for leadership, field partners, and other non technical audiences
- Prepare written summaries, presentations, and visualizations (charts, graphs, dashboards) that communicate key insights, recommended actions, and expected impacts
- Present analysis and recommendations to Product Managers and other stakeholders; respond to questions and refine analyses as needed
- May mentor or coach Product Analyst I or other team members on tools, methods, and best practices
- Other functions may be assigned as business needs evolve
Skills
- Bachelor's degree in Business, Mathematics, Statistics, Economics, Finance, Actuarial Science, Data Analytics, or a related quantitative field
- 3+ years of experience in product management, pricing, analytics, actuarial, or related roles in insurance, financial services, or a similar data driven industry
- Experience working with large datasets and performing analytical work using tools such as SQL, SAS, R, Python, or similar
- Strong analytical, critical thinking, and problem solving skills; able to structure ambiguous questions and turn data into clear recommendations
- Proficiency with Microsoft Excel and SQL required; experience with SAS, R, Python, and/or BI tools (Power BI, Hex, Tableau, etc.)
- Master's degree in a related field and/or industry designations (e.g., AINS, CPCU, actuarial exams, or similar)
- Property & Casualty insurance experience, ideally in Personal Lines Auto and/or Property
- Experience supporting state product management, pricing, or filings (e.g., competitive analysis, rate indications, monitoring initiatives) for multi state portfolios
- Prior work in or with Product Management state teams
- Ability to summarize complex technical findings for non technical audiences in clear, concise language
- Demonstrated ability to manage multiple analyses and deadlines, work independently, and follow through on commitments
- Strong collaboration and communication skills, with the ability to build effective working relationships across Product, Actuarial, Underwriting, Sales, IT, Claims, and other partners
- Proven history of taking initiative and driving projects or analyses from concept through implementation and monitoring
Benefits
- 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
Company Overview
Company H1B Sponsorship