R&D Manager/Product Data Scientist Lead

Position Summary

At Mercury, members of our Product Management Team are responsible for driving profitable growth in their assigned states and line of business (Personal Lines Auto, Property or Commercial insurance). The primary job function is to manage the design, rating and development of new and enhanced products for targeted lines of business. **

Essential Job Functions**

• Leads team members, provides training opportunitieis recruits, manages, talent development, performance management, compensation decisions and staff planning within R&D team. Ensures collaboration within the Company to implement products to meet growth and profitability targets. Evaluates, audits, and guides data research and statistical analyses to solve problems. Employs advanced statistical concepts and data analyses methods in innovative research and modeling.
• Considers recommended solutions and enhancements to current insurance products submitted by Product Analysts. Presents research plans and results to senior managers. Ensures completed analyses of competitor pricing, product features, and service levels
• Partners with colleagues to interpret results of analyses and implement changes in pricing and product models. Interfaces with Underwriting, Marketing, and other divisions to improve processes and reduce barriers to success. Ensures integration with IT, Underwriting, Marketing, and other divisions to implement product enhancements.
• Participates in the decision-making process for evaluation of new ideas and pricing positions.
• Other functions may be assigned

Education

• Bachelor’s Degree required,
• Master’s Degree preferred with an emphasis in an analytical concentration such as math, statistics, economics, finance, or quantitative research, etc.

Experience

• At least 5 years experience in the P&C Insurance industry and/or the product development field;
• Minimum 2 years leadership Supervisory or team lead experience through project management
• Or equivalent combination of education and/or experience.

Knowledge And Skills

• Demonstrated leadership competencies leading a staff through full-cycle project management, effective talent managment and maintaining highly motivated team
• Strong analytical and quantitative skills required.
• 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.
• Advanced proficiency in MS Excel and MS Access required.
• 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