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Director, Workers Compensation Product Development

Company

Farmers Insurance Group
Address , Remote
Employment type
Salary
Expires 2023-09-11
Posted at 8 months ago
Job Description

We are Farmers!

We are… more than just your favorite commercials. We are a passionate, award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture! We are Farmers!


Do you thrive in a high-volume, fast-paced environment? Do you enjoy the challenge of a position where no two days are alike? We are looking for positive, high-energy professionals who are not just looking for a job, but a meaningful career!


At Farmers, our ambition is to be the leader in delivering peace of mind, innovating for customers whenever and wherever they need us. That means having people like you who can help us evolve to meet changing customer and business needs. Continuous development is critical to our success at Farmers; that means being curious, continually innovating, being open to new opportunities and embracing change. As the needs of our business and customers change, and you acquire needed experience, you may have opportunities to use your knowledge and skills in a different role. As you take on these new challenges, Farmers is committed to providing you with the necessary training and support along your career journey.


Workplace: Hybrid, Remote

( #LI-Hybrid ) ( #LI-Remote )

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary

Responsible for the development and execution of strategies and initiatives to achieve objectives, including profit and growth, for the Business Insurance Workers Compensation line of business.

Essential Job Functions

  • Accountable for staff development and training.
  • Monitors business insurance workers compensation product performance by market and works through regional product teams to develop action plans to improve performance.
  • Acts as project sponsor and consultant for innovation efforts related to business insurance auto and workers compensation product lines, which include process and technology.
  • Develop future leaders for Business Insurance and the organization.
  • Accountable to manage long and short term rate, model and price strategies for the business insurance workers compensation product in order to achieve profit goals.
  • Responsible for ensuring insurance rules and regulations are in compliance with regulatory requirements.
  • Establish an environment that promotes teamwork, camaraderie and employee retention.

Physical Actions

This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions. Sits or stands for extended periods of time, up to a full work shift. Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping. Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance. Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction. Visually verifies and reads information. Visually locates material, resources and other objects. Ability to continuously operate a computer for extended periods of time, up to a full work shift. Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.

Education Requirements

  • Bachelor's degree required preferably in business management, mathematics, management information, finance, actuarial science, economics or other analytics related field.
  • Master's degree preferred.

Experience Requirements

  • 5-10 years related experience required.

Benefits

  • Farmers offers a competitive salary commensurate with experience, qualifications and location. o CA Only: $165,040 - $239,000 o CO Only: $154,720 - $206,300 o NY Only: $154,720 - $239,000 o Albany County: $165,040 - $206,300 o WA Only: $165,040 - $275,750
  • Dental
  • Health Savings and Flexible Spending Accounts
  • Medical
  • Vision
  • Paid Parental Leave
  • 401(k)
  • Life Insurance
  • Bonus Opportunity (based on Company and Individual Performance)
  • Paid Time Off
  • Tuition Assistance

Job Location(s): Hybrid, Remote