[Remote] Lead R&D Pricing Manager (Homeowners Product)
Note: The job is a remote job and is open to candidates in USA. Mercury Insurance is a recognized leader in the insurance industry, recently awarded as one of America's Best Midsize Employers for 2026. They are seeking a Lead R&D Pricing Manager to contribute to product strategy, lead the design and development of new products, and analyze market opportunities for growth. The role involves collaboration with cross-functional teams and mentoring junior analysts to enhance the product delivery process.
Responsibilities
- Contributes to the overall product evolution strategy and roadmap; Leads and contributes to the design, rating and development of new and enhanced products for targeted lines of business; Reviews and understands results of analyses and make recommendations on changes in pricing and product models
- Lead and contributes to the data process and modeling methodology evolution; Remains up to date with the development of P&C products and relevant data and modeling methodology in the field
- Identifies business opportunities through data analysis and market research; Researches and evaluates new data sources for risk segmentation improvement
- Partners with PDMs and cross functional teams including MTS, Underwriting, Sales Development, and other divisions to implement product enhancements; Supports company-wide initiatives on data and product delivery process
- Provides data, statistical and analytical support to others
- Mentors junior analysts and provides training throughout the organization as necessary
- Communicates with business stakeholders on project scope and priority; Ensures workflow is properly distributed according to priority of product development projects
Skills
- Bachelor's Degree required with emphasis in analytical concentration such as Actuarial Science, Data Science, Economics, Engineering, Finance, Math, Statistics
- At least 3 years' experience in the P&C Insurance industry and/or the product development field
- At least 12 years' experience with data and analytics applications in Financial and other similar industries OR equivalent combination of education/experience
- Strong analytical and quantitative skills required
- Advanced in Python, R or other language and statistical software
- Track record of demonstrated creativity in pricing and/or product development
- Strong critical thinking and problem-solving skills
- Ability to review moderately complex issues and develop solutions
- Must have initiative and be a self-starter
- Must have strong interpersonal skills and be able to build commitment to decisions
- Strong written and verbal communication skills required
- Requires the ability to effectively present recommendations and solutions to all levels within the organization in a clear manner
- Demonstrate highly skilled leadership values
- Ph.D.'s or master's degree preferred
- 3 or more years of person lines products and pricing experience such as Experience with building loss cost models
- Experience with homeowners products
- Exposure to leveraging AI in research and code generation
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
Company Overview
Company H1B Sponsorship