Mercury Insurance

Product Manager Tech Products

Mercury Insurance$94K — $179K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, computer science, engineering, or equivalent experience in product management
  • 3+ years in product management and/or product design
  • 3+ years managing complex projects from start to finish
  • Experience defining and tracking product performance metrics
  • Proficiency in handling all stages of product delivery

Responsibilities

  • Identify user needs through various research methods and synthesize findings
  • Participate in mapping assumptions and conducting experiments
  • Document enhancement requests and diagnose root problems
  • Assist in prioritizing problems and opportunities for solutions
  • Develop and promote a product strategy and one-year roadmap

Benefits

  • Competitive compensation
  • Flexibility to work from anywhere in the U.S.
  • Paid time off including sick leave and holidays
  • Incentive bonus programs
  • Comprehensive medical, dental, and vision insurance
  • 401(k) plan with company match
  • Opportunities for professional development
  • Education assistance and a recognition program
  • Health and wellbeing resources including free therapy sessions
Full Job Description
Overview

Position Summary:

The Product Manager will drive discovery, experimentation, vision, strategy, and delivery across one of our many technical products. Our technical products cover the entire insurance value chain, enabling frictionless customer and agent experiences during shopping, quoting, servicing, and claims processing. They also enable our users to create, modify, and underwrite our insurance products.

Geo-Salary Information

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

State specific pay scales for this role are as follows:

$94,458 to $179,048 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$85,871 to $162,771 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$77,283 to $146,464(UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

In CA: Typical hiring range is $123,077.70 to $170,941.25

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

Responsibilities

Essential Job Functions:

  • Identify and understand user needs by conducting research. Types of discovery research include: basic user interviews, literature reviews, analyzing support, and reviewing product analytics. Synthesize findings and clearly communicate to team.
  • Participate in assumption mapping and work with Design, Product Analytics, and Engineering to run experiments.
  • Capture and document enhancement requests in the backlog and work with requestors to identify the root problem their enhancement requests are addressing.
  • Gather basic inputs used to score problems and opportunities and help prioritize which problems or opportunities to address.
  • Participate in opportunity mapping for prioritized problems and opportunities to identify potential solutions.
  • Develop and evangelize a product strategy and 1 year roadmap, aligned with the overall portfolio.
  • Understand the target outcomes and business cases for your product area, and build roadmaps and requirements focused on delivering value. Ensure your epics contain a viable plan to track progress towards outcomes.
  • Leverage story mapping and various splitting techniques to break prioritized initiatives down into impactful epics and stories to deliver incremental value as quickly as possible
  • Collaborate with multiple functions to ensure breakdown can be efficiently implemented
  • Coordinate with engineering to create the list of stories and epics to be included in each sprint based on priority, effort, capacity, and dependencies
  • Draft excellent epics and stories with comprehensive, clear, and concise information and strong acceptance criteria
  • Lead refinement and answer questions as needed
  • Track sprint progress and notify stakeholders of delays
  • Work with peers and cross functional teams to unblock dependencies or escalate
  • Work with Product Analytics to identify UI and API driven events that help the team understand user experience and adoption, and document tracking needs within user stories and epics
  • Prepare release notes, update living documents, and answer questions during rollout as needed

Qualifications

Education:

  • Bachelor's degree in business, computer science, engineering, or equivalent practical experience in product management

Experience:

Minimum

  • 3+ years product management and/or product design
  • 3+ years managing complex initiatives from initiation to completion using product management processes and best practices
  • Experience in defining and implementing product metrics to track performance and success
  • Experience handling all stages of product delivery
  • Experience representing various customers and stakeholders during planning

Preferred:

  • 2+ years experience in working with rating platform and rules engine.
  • 2+ years experience in building software platforms in insurance for business-critical functions such as rating, underwriting, and insurance configuration.
  • 1+ years of advanced knowledge of Guidewire product models specifically working on Guidewire Policy Center, with knowledge of its function in underwriting/sales workflows, policy rating, rules engine, and Guidewire product models.
  • 2+ years experience working with Property & Casualty insurance platform

Skills and Abilities

  • Solid understanding of basic P&C insurance technology, including their functionality, limitations, advantages, and future direction
  • Basic understand of the insurance technology ecosystem including common integrations and dependencies
  • Skilled at managing products with an active development roadmap
  • Proficient at influencing your product team and cross-functional business teams using earned leadership and strong communication skills
  • Experience working in agile software delivery
  • Able to develop and present complex problems in a straightforward way
  • Exceptional verbal, oral, and written communication skills
Perks and Benefits

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

Pay RangeUSD $94,458.00 - USD $179,048.00 /Yr.

About Mercury Insurance

Mercury Insurance Group is a multiple-line insurance organization offering personal automobile, homeowners, renters and business insurance. Founded in 1961 and headquartered in Los Angeles, Mercury has assets in excess of $4 billion, employs 4,500 people and has more than 8,000 independent agents in 11 states. Mercury has been named one of America's Most Trustworthy Companies by Forbes magazine, and has been recognized as one of the Best Places to Work in Los Angeles for eight years running. The company has also been named one of America's Best Midsize Employers by Forbes.
Learn more about Mercury Insurance
Size
4,300 employees
Market Cap
$1.8 billion
Industry
Net Income
$374.6 million
Founded
1962
5 Year Trend
+4.3%
Revenue
$3.7 billion
NASDAQ

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