Product Analyst I

The role is for a Product Analyst at Mercury, responsible for analyzing product performance, supporting product management, and driving growth in insurance lines across various states.

Location: Remote (US)

Salary: USD $63,410.00 - USD $117,348.00 /Yr.

Responsibilities

• Analyzes assigned product performance and identifies issues and opportunities; researches new ideas to improve product offerings
• Tests new rating models to determine accuracy of prediction, loss ratio improvement and segmentation
• Analyzes and develops algorithms using SAS programming and MS Excel; prepares reports, graphs and charts based on research and analysis
• Participates in the formation of business plans and forecasts while identifying trends
• Works with multi-functional groups to communicate and implement product changes in assigned states and line of business
• Other functions may be assigned

Requirements

• Bachelor’s or Master's degree in Business or related field of study (e.g., Math, Economics, Finance, Statistics, Math/Actuarial Science)
• Minimum 1+ years of product management, product development and/or analytical experience in insurance, financial services, consulting, or similar industry, or equivalent combination of education/experience
• Experience in data manipulation using tools such as SQL, R, Python or equivalent (preferred)
• 1+ years of property casualty insurance experience with product, pricing, underwriting and insurance regulation knowledge (preferred)
• Exposure to leveraging AI in research and analytics (preferred)
• Exposure to building reports and dashboards using excel, PowerBI, etc. (preferred)
• Excellent communication, analytical and problem solving skills required
• Proficient in Microsoft Office Suite and SQL required
• Proven history of taking initiative and driving projects to completion required

Benefits

• 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

Additional Information

• An in-person interview may be required during the hiring process
• State specific pay scales are provided, with ranges depending on location