Senior Product Analyst - IA State Management

Senior Product Analyst - IA State Management

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.

This position will provide analysis that supports the profit, loss (P&L) and growth for assigned market or product. The role works within a team working on specific market or CW analyses that is responsible for driving profitable growth of the business. The role focuses on pricing, segmentation, and complex analytics to develop market or product strategy. This role provides recommendations for rate setting to drive our business results.

This position requires natural curiosity, being comfortable with unstructured problem solving and dealing with ambiguity.

Provides analytical support that informs product, pricing, rule, and underwriting recommendations. Partners with Product Managers and Associate Product Managers to evaluate performance drivers and assess opportunities for profitable growth. Build analytical tools, summaries, and visuals to support decision making; influences outcomes through data driven recommendations. Demonstrates an understanding of marketplace insights, competitive intelligence, and regulatory issues to inform the management and design of products.

Understand the pricing and underwriting of competitor products in support of analyzing the performance of the business relative to the market and industry. Demonstrates expertise in pulling and analyzing data, building analytical tools, and creating summarized views and visualizations to inform conclusions. Triangulates insights across multiple data sources to recommend solutions to unstructured problems with direction and guidance. Utilizes information to develop and communicate recommendations for product, rule, rate or underwriting changes which directly drives profit and growth of the business.

Self-motivated with a proven ability to identify barriers to profitability and growth. Presents, informs and influences recommendations to leaders and business partners regarding proposed product and pricing changes or new products. Supports state‑level rate filings and regulatory interactions by preparing analysis, documentation, and insights.

High school diploma or equivalent required. Bachelor's degree in business or related fields such as mathematics, physics, engineering, economics, finance, statistics, accounting, or actuarial science preferred.

Minimum 3 years of experience in US property & casualty (P&C) in a pricing or actuarial role; or related experience preferred. Experience interacting with Departments of Insurance, agents, and distribution/sales preferred.

Demonstrates strong product knowledge. Understands principles of P&C pricing and underwriting. Understands key indicators of product health. Understands how to review and assess competitor product positioning and go to market strategies. Excellent interpretation of complex statistical data. Demonstrated analytical skills. Demonstrated ability to communicate nuanced concepts in a straightforward way. Possesses strong technical aptitude. Experience in Excel required. Proficiency in programming languages and tools, such as Python, R, and SQL preferred.

Effective interpersonal skills: has the ability to work in teams, embraces collaboration and…