Sr Analyst Product Management - Job Opportunity at Mercury Insurance Services, LLC

Los Angeles, United States
Full-time
Senior
Posted: May 11, 2025
Remote
USD 85,479 - 157,868 per year

Benefits

Competitive 401(k) with company matching - above industry standard retirement support
Comprehensive medical, dental, and vision coverage with flexible options
Unique pet insurance offering - demonstrates modern benefits approach
Flexible work location policy across United States - strong remote work support
Performance-based bonus structure with multiple incentive programs
Professional development and education assistance programs
Mental wellbeing support including therapy/coaching sessions
Child and eldercare resources - family-focused benefits package
Generous PTO including vacation, sick time, and 9 paid holidays

Key Responsibilities

Lead strategic product performance monitoring and analysis to drive profitability across multiple states
Develop and implement data-driven product strategies through advanced analytics and modeling
Guide cross-functional teams in product development and optimization initiatives
Conduct complex market analysis and create comprehensive forecasting models
Mentor junior analysts while managing multiple high-impact projects
Design and enhance rating models using advanced statistical methods
Create and present executive-level analysis and recommendations
Drive product innovation and market expansion strategies

Requirements

Education

Bachelor's degree required in Business or related field (e.g., Math, Economics, Finance, Statistics, Math/Actuarial Sciences), Master's degree preferred

Experience

3+ years of product management, product development and/or analytical experience

Required Skills

Excellent written and verbal communication skills Excellent analytical, critical thinking, and problem-solving skills Project management and initiative-taking abilities Proficiency in Microsoft Office Suite and SQL Experience with SAS, SQL, R, Python (preferred) Advanced product, pricing, underwriting and insurance regulation knowledge (preferred)
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Sauge AI Market Intelligence

Industry Trends

Insurance industry is experiencing rapid digital transformation, driving increased demand for data-driven product management roles Growing emphasis on predictive analytics and AI in insurance product development creates premium for technical skills Regulatory complexity and market volatility are elevating the strategic importance of product analysis roles Rising insurtech competition is pushing traditional insurers to innovate in product development and pricing strategies

Salary Evaluation

The offered salary range of $85,479 - $157,868 aligns with market standards for senior product analysts in the insurance sector, with variation based on location and experience. The wide range suggests room for negotiation based on technical expertise and insurance-specific experience.

Role Significance

Typically part of a 5-10 person product management team with direct mentorship of 1-3 junior analysts
Senior individual contributor role with significant strategic influence and mentorship responsibilities

Key Projects

State-specific product performance optimization initiatives New insurance product development and market entry analysis Pricing model development and validation Regulatory compliance and risk assessment projects

Success Factors

Strong balance of technical analytics skills and business acumen Ability to translate complex data analysis into actionable business recommendations Experience with insurance-specific regulations and market dynamics Leadership capabilities in cross-functional project management

Market Demand

High demand role with increasing market value due to growing complexity in insurance products and rising importance of data-driven decision making

Important Skills

Critical Skills

Advanced data analysis and modeling capabilities are essential for product optimization Insurance industry knowledge critical for regulatory compliance and market understanding Project management skills necessary for leading complex initiatives Communication skills crucial for stakeholder management and team leadership

Beneficial Skills

Knowledge of emerging insurtech trends and digital insurance products Experience with machine learning and AI applications in insurance Understanding of behavioral economics in insurance product design Familiarity with agile methodologies in product development

Unique Aspects

Multi-state product management responsibility offers broader market exposure
Combination of technical analytics and strategic business impact
Strong focus on mentorship and team development
Flexible location policy enables access to diverse market talent

Career Growth

Typical progression to next level within 2-3 years with demonstrated success in product strategy and team leadership

Potential Next Roles

Product Management Director Senior Product Manager Analytics Manager Insurance Strategy Lead

Company Overview

Mercury Insurance Services, LLC

Mercury Insurance Services is an established insurance provider with over 60 years of market presence, focusing on personal and commercial insurance products

Mid-sized insurance carrier with strong regional presence and growing national footprint
Significant operations across multiple states with varying market penetration
Professional environment with emphasis on analytical rigor and collaborative decision-making
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