Product Analyst II

Position Summary:

At Mercury, our Product Management team is responsible for driving profitable growth in our Personal Lines (Auto and Property) products across assigned states. As a Product Analyst II – State Product Management, you play a critical role in making our products successful.

• An in-person interview may be required during the hiring process

State specific pay scales for this role are as follows:

$76,829 to $142,213 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$69,845 to $129,284 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$62,860 to $116,356 (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.

Essential Job Functions:

• Product Performance & Competitiveness
  Monitor and analyze product performance (growth, profitability, mix, retention, and segment results) for assigned states and lines of business.
  Identify emerging issues, trends, and opportunities; recommend actions to improve loss ratio, growth, and mix.
• Use tools such as SQL/SAS/R/Python, Excel, and PowerBI/Hex, and rating/competitive tools to develop and validate datasets used for performance, pricing, and segmentation analysis and visualizations.
• Build and maintain repeatable analytics, dashboards, and tools (e.g., Excel, BI tools) to monitor key KPIs and support decision making.
• Support development of state and line business plans, including forecasts, production expectations, and performance targets.
• Pricing, Rating & Product Changes
  Support Actuarial and Product Managers in designing, testing, and implementing rating and product changes for assigned states.
• Compare proposed rating plans to current plans and competitors to understand rate level, segmentation, and dislocation impacts; summarize results and implications for Product Managers.
• Analytics, Tools & Process Improvement
  Validate data quality and ensure analytic outputs are accurate, reproducible, and aligned with business definitions.
• Recommend and implement process improvements to streamline recurring analyses and reduce manual effort.
• Cross Functional Partnership & Execution
• Partner with Actuarial, R&D, Underwriting, Sales, IT, and Claims, and others to define requirements and support implementation of rate and product changes in assigned states 
  Support state rate filing efforts by preparing exhibits and analysis under direction of Product Managers and/or Actuarial.
• Help translate technical findings into clear, business friendly summaries and talking points for leadership, field partners, and other non technical audiences.
  Communication & Influence
• Prepare written summaries, presentations, and visualizations (charts, graphs, dashboards) that communicate key insights, recommended actions, and expected impacts.
• Present analysis and recommendations to Product Managers and other stakeholders; respond to questions and refine analyses as needed.
• May mentor or coach Product Analyst I or other team members on tools, methods, and best practices.
• Other Duties
  Other functions may be assigned as business needs evolve.

Education

Minimum:
• Bachelor’s degree in Business, Mathematics, Statistics, Economics, Finance, Actuarial Science, Data Analytics, or a related quantitative field.
Preferred:
• Master’s degree in a related field and/or industry designations (e.g., AINS, CPCU, actuarial exams, or similar).
Experience
Minimum:
• 3+ years of experience in product management, pricing, analytics, actuarial, or related roles in insurance, financial services, or a similar data driven industry.
• Experience working with large datasets and performing analytical work using tools such as SQL, SAS, R, Python, or similar.

Preferred:
• Property & Casualty insurance experience, ideally in Personal Lines Auto and/or Property.
• Experience supporting state product management, pricing, or filings (e.g., competitive analysis, rate indications, monitoring initiatives) for multi state portfolios.
• Prior work in or with Product Management state teams.
Skills & Abilities
Minimum:
• Strong analytical, critical thinking, and problem solving skills; able to structure ambiguous questions and turn data into clear recommendations.
• Proficiency with Microsoft Excel and SQL required; experience with SAS, R, Python, and/or BI tools (Power BI, Hex, Tableau, etc.) preferred.

• Ability to summarize complex technical findings for non technical audiences in clear, concise language.
• Demonstrated ability to manage multiple analyses and deadlines, work independently, and follow through on commitments.
• Strong collaboration and communication skills, with the ability to build effective working relationships across Product, Actuarial, Underwriting, Sales, IT, Claims, and other partners.
• Proven history of taking initiative and driving projects or analyses from concept through implementation and monitoring.

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.