Join an amazing team that is consistently recognized for our achievements and culture, including our most recent Forbes award of being one of America's Best Midsize Employers for 2024!

State specific pay scales for this role are as follows:

$89,906 to $170,421 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$81,733 to $154,928 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$73,560 to $139,435 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Position Summary:

At Mercury, members of our Product Management Team are responsible for driving profitable growth in their assigned states and line of business (Personal Lines Auto, Property or Commercial insurance).  As an Asst Manager R&D, you are playing a vital role in making our insurance product successful. 

The primary job function is to act as subject 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.  

Essential Job Functions:

• Work with team to implement products to meet growth and profitability targets; Supports strategy to research, design and develop new insurance products to achieve profitable growth; Reviews and understands results of analyses and implements changes in pricing and product models as directed
• Acts as a subject expert in statistical modeling methodology and/or product research; Evaluates, audits and conducts data research and statistical analysis to solve issues; Provides statistical and analytical support to others; Identifies issues and recommends solutions and enhancements to current insurance products; Presents research plans and results to senior managers
• Coordinates the design, rating and development of new and enhanced products for targeted lines of business; Monitors integration with IT, Underwriting, Marketing, and other divisions to implement product enhancements
• Ensures work flow is properly distributed according to priority of product development projects
• Provides product training throughout the organization as necessary
• Other functions may be assigned

Education:

• Bachelor’s degree  required in Statistics, Economics, Mathematics, or related field,
• Master’s degree preferred in Statistics, Economics, Mathematics, or related field

Experience:

• 5+ years of product development experience 
• Minimum 1 year of leadership experience through project management desired
• Or equivalent combination of education/experience

Preferred Experience:

• 2 or more years of experience with SAS, python, or R
• 1 or more years of experience with pricing models
• Experience with commercial insurance products 

Knowledge and Skills:

• Technical knowledge of P&C industry products and services
• Great analytical and quantitative skills
• Demonstrated leadership skills and ability to demonstrate Company Leadership and Core Values
• 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
• 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 SAS and/or other statistical software

Why choose a career at Mercury?

At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it.

Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life.

We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.

Learn more about us here: https://www.mercuryinsurance.com/about/careers

We offer many great benefits, including:

• 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

Mercury Insurance is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law.