Overview:Join an amazing team that is consistently recognized for our achievements and culture, including our most recent Forbes award of being one of America's Best Midsize Employers for 2024

State specific pay scales for this role are as follows:
$89,906 to $170,421 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$81,733 to $154,928 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$73,560 to $139,435 (UT, ID, MT, NM, SD, SE, 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.

Summary:

The primary job function is to act as subject expert in statistical modeling methodology and/or product research. Identifies issues and recommends solutions and enhancements to current insurance products. Supports strategy to research, design, and develop new insurance products to achieve profitable growth.
Coordinates the design, rating and development of new and enhanced products for targeted lines of business; Monitors integration with IT, Underwriting, Marketing, and other divisions to implement product enhancements
Work with team to implement products to meet growth and profitability targets; Supports strategy to research, design and develop new insurance products to achieve profitable growth; Reviews and understands results of analyses and implements changes in pricing and product models as directed
Acts as a subject expert in statistical modeling methodology and/or product research; Evaluates, audits and conducts data research and statistical analysis to solve issues; Provides statistical and analytical support to others; Identifies issues and recommends solutions and enhancements to current insurance products; Presents research plans and results to senior managers.
Provides product training throughout the organization as necessary
Education:
Bachelor’s degree required in Statistics, Economics, Mathematics, or related field,
Master’s degree desired in Statistics, Economics, Mathematics, or related field
Experience:
5+ years of product development experience or 3+ years of product development experience with Master’s degree or equivalent combination of education/experience
Proficient in at least one of SAS, R, Python and/or other statistical software
Technical knowledge of P&C industry products and services, prior Personal Auto experience preferred
Great analytical and quantitative skills
Advanced statistical modeling ability
Excellent written and verbal communication skills to correspond with internal and external customers
Proficient in Microsoft Excel and Access
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, paid Company holidays, and 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.

Pay Range: USD $89,906.00 - USD $170,421.00 /Yr.