Product Analyst

Farmers Group, Inc.

Los Angeles, CA

JOB DETAILS
SALARY
$81,375–$137,940 Per Year
SKILLS
Analysis Skills, BASIC Programming Language, Communication Skills, Community Support, Computer Skills, Data Analysis, Data Structures, Insurance, LinkedIn, Market Segmentation, Market Surveys, Marketing Plan, Microsoft Access Database, Microsoft Excel, Microsoft Word, Performance Analysis, Presentation/Verbal Skills, Pricing, Profit & Loss, Revenue Growth, Statistical Analysis System (SAS), Statistical Programming Languages, Statistics, Trade Magazine, Writing Skills
LOCATION
Los Angeles, CA
POSTED
9 days ago

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 or Remote depending on candidate location ( #LI-Hybrid )

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. We are open to candidates nationwide who are comfortable working Eastern time.

Job Summary

Responsible for obtaining, evaluating, and communicating information that supports revenue growth and profitability. Recommends strategies for improving results and market position.

Essential Job Functions

  • Analyzes information using data correlation, and statistical analysis.
  • Develops data and information structure.
  • Creates and modifies computer programs to extract information from company databases.
  • Prepares state indications and other 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.
  • Works with State Offices to support 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.

Physical Actions

Required job duties are essentially sedentary work consisting of occasional walking, standing, and lifting and/or carrying 10 lbs maximum, and seeing.

Physical Environment

Required job duties are normally performed in a climate- controlled office environment.

Education Requirements

High school diploma or equivalent required. Bachelor's degree preferred.

Experience Requirements

3 years experience in similar role or one year in Product Analyst II role.

Special Skill Requirement

Proficient PC Skills, including Excel, Access, SAS, Word and basic programming for statistical purposes. Excellent verbal/written communication skills, including ability to make effective presentations and write articles publishable in trade magazines.

Benefits

  • Farmers offers a competitive salary commensurate with experience, qualifications and location.

o CA Only: $81,375 - $137,940

o CO Only: $76,275 - $119,350

o HI/IL/MN/VT Only: $76,275 - $127,490

o MA Only: $76,275 - $127,490

  • o MD Only: $76,275 - $127,490

o DC/NJ/NY/OH Only: $76,275 - $137,940

o Albany County, NY/Cleveland, OH: $81,375 - $119,350

o WA Only: $80,168 - $144,875

  • 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 https://www.farmers.com/careers/corporate/#offer

Job Location(s): R_US - United States

Anticipated 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 veterans status, or any other basis protected by applicable discrimination laws.

Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.

Spokane, WA only: Residents who prefer not to provide their address click here to submit your resume via email: careers@farmers.com

About the Company

F

Farmers Group, Inc.

In 1928, two men shared a dream of providing a quality insurance product at a reasonable price. In the decades that followed we’ve grown and adapted to meet the changing needs of Americans. But one constant has remained: We have an unwavering commitment to uphold our founding ideals to provide industry-leading products and first-rate services to the customers we’re privileged to serve.

Different Eras, Same Exceptional Service

Farmers not only prides itself on helping you plan wisely for the unexpected, but also on helping restore order when it occurs, so you can keep moving along the road of your life’s plans.

In 1959 a Farmers customer wrote us a letter of surprised gratitude when his car battery was replaced just an hour after it was stolen. A letter from a couple in 2002 wrote that their Farmers agent and Claims Adjuster “were exceptional in their handling of our grief, what we needed to do, and helpful in many other ways.” That same year, when Hurricane Rita struck Beaumont, Texas, Farmers sent 300 agents to assess damages while policy holders were evacuated. Farmers also donated $100,000 for the city’s emergency operations center and two megawatt generators that restored power to Beaumont. Whatever year or decade a disaster occurs, you can count on us to be there for you.

Today, the companies comprising the Farmers Insurance Group of Companies make up one of the country's largest insurers of vehicles, homes and small businesses and provide a wide range of other insurance and financial services products.

Farmers is proud to serve more than 10 million households with more than 20 million individual policies across all 50 states through the efforts of over 50,000 exclusive and independent agents and nearly 24,000 employees.

The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies. Farmers Group, Inc. and its subsidiaries, in their capacity as attorneys-in-fact, provide administrative and management services to the Farmers Exchanges.

COMPANY SIZE
5,000 to 9,999 employees
INDUSTRY
Insurance
WEBSITE
http://www.farmers.com/