[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.ResponsibilitiesContributes 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 modelsLead 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 fieldIdentifies business opportunities through data analysis and market research; Researches and evaluates new data sources for risk segmentation improvementPartners 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 processProvides data, statistical and analytical support to othersMentors junior analysts and provides training throughout the organization as necessaryCommunicates with business stakeholders on project scope and priority; Ensures workflow is properly distributed according to priority of product development projectsSkillsBachelor's Degree required with emphasis in analytical concentration such as Actuarial Science, Data Science, Economics, Engineering, Finance, Math, StatisticsAt least 3 years' experience in the P&C Insurance industry and/or the product development fieldAt least 12 years' experience with data and analytics applications in Financial and other similar industries OR equivalent combination of education/experienceStrong analytical and quantitative skills requiredAdvanced in Python, R or other language and statistical softwareTrack record of demonstrated creativity in pricing and/or product developmentStrong critical thinking and problem-solving skillsAbility to review moderately complex issues and develop solutionsMust have initiative and be a self-starterMust have strong interpersonal skills and be able to build commitment to decisionsStrong written and verbal communication skills requiredRequires the ability to effectively present recommendations and solutions to all levels within the organization in a clear mannerDemonstrate highly skilled leadership valuesPh.D.'s or master's degree preferred3 or more years of person lines products and pricing experience such as Experience with building loss cost modelsExperience with homeowners productsExposure to leveraging AI in research and code generationBenefitsCompetitive compensationFlexibility to work from anywhere in the United States for most positionsPaid 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 insurance401 (k) retirement savings plan with company matchEngaging work environmentPromotional opportunitiesEducation assistanceProfessional and personal development opportunitiesCompany recognition programHealth and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and moreCompany OverviewMercury Insurance has offered quality insurance for personal auto insurance to homeowners insurance to mechanical breakdown protection. It was founded in 1962, and is headquartered in Los Angeles, California, USA, with a workforce of 5001-10000 employees. Its website is http://www.mercuryinsurance.com.Company H1B SponsorshipMercury Insurance has a track record of offering H1B sponsorships, with 7 in 2026, 22 in 2025, 23 in 2024, 14 in 2023, 15 in 2022, 8 in 2021, 13 in 2020. Please note that this does not guarantee sponsorship for this specific role.