Farmers Insurance · 2 days ago
Commercial Third Party Data Strategy Manager 1
Phoenix, AZ
Full-time
Hybrid
Mid, Senior Level
$120K/yr - $191K/yr
7+ years expFarmers Insurance is dedicated to delivering peace of mind to customers through comprehensive protection and advice. The Commercial Third Party Data Strategy Manager will develop and implement a third-party data strategy to enhance underwriting efficiency and streamline agent quoting processes, while overseeing operational excellence across various business units.
Auto InsuranceFinancial ServicesInsuranceLife Insurance
Responsibilities
Directs a Home Office Review Team in auditing the Commercial Service Center underwriting, compliance and operation results; recommends and directs modifications with corrective measures to obtain Service Center underwriting excellence and standardization; implements Best Practices in all centers
Oversees and conducts regular risk selection audits for all Commercial lines of business; reviews the quality of work performed by the Center in support of underwriting excellence and works directly with the Commercial Center Managers on corrective actions and resolution dates
Provides support to Product Managers and Commercial Center Managers in the development and implementation of strategic initiatives that support growth, profit and retention objectives
Advises and counsels Centers on technical underwriting issues and makes recommendations for remedial action through appropriate channels
Analyzes, evaluates, and monitors Service Center loss ratio development and loss trends through Service Center field audits, underwriting file reviews, the use of large loss reports and other financial performance reports, and develops strategies and recommendations to correct deterioration in Combined Ratio results
Provides technical support, staff guidance and counsel to the Commercial Managers, in conjunction with Product Management
Reviews, coaches, and makes recommendations on how to handle accounts outside of their authority
Acts as a consultant to provide expertise on all Commercial Products (CMP, Auto, WC) for both Service Center and Home office personnel
Develops, contracts, implements, and maintains 3rd Party underwriting validation tools such as Dunn and Bradstreet, ISO Location, POLK, Marshall & Swift Boeckh and Choice Point
Programs are monitored for underwriting and marketing excellence and operational effectiveness
Develops and oversees internally produced underwriting tools and guidelines such as Underwriting Reference Manual (URT), Business Personal Property Estimator, and the Commercial Underwriting Database, including underwriting guidance pointers and rules
Audits and oversees the quality of the Service Center Team Leader underwriting quality reviews, reports results to the Commercial Center Manager with underwriting and training recommendations
Act as the Home Office Liaison between Product Management and the Service Centers on all large account submissions by offering consulting services on their underwriting questions, recommendations
Responsible for the oversight of the Large Account submission log noting underwriting quality, disposition, and pricing variance
Utilizes the log as one of the underwriting tools to recommend underwriting authority levels and training needs
Promotes and supports Home Office Commercial Training with advanced underwriting seminars and teaches courses on insurance accounting, loss trend and development, advanced pricing applications and financial applications
Provides support for training and management of the risk selection process and recommends corrective action
Monitors the effectiveness of established educational/training activity within the Service Center
Directs and coordinates the Training Consultants to implement training material, as appropriate, prior to the introduction of new and/or revised policies, procedures and programs
Coordinates philosophical discussions that encourage independent thinking and decision-making skills along with discussions on relevant developments in industry trends for claims and underwriting
Maintains contact with Risk Management, industry organizations, and other insurance carried
Develop and lead the third-party data strategy to support agent quote flow and enhance underwriting efficiency across Commercial lines
Evaluate and select external data vendors, ensuring alignment with underwriting objectives, compliance standards, and operational goals
Design and manage implementation plans for integrating third-party data into underwriting workflows, collaborating closely with technology and operations teams
Monitor post-implementation performance of data integrations and leverage insights to guide future model development and continuous improvement
Qualification
Required
Seven years of Commercial Underwriting experience in property/casualty, auto, and/or Workers Compensation lines of business, preferably including supervisory/management experience
Two years Management experience as a Commercial Center Underwriting Manager
High school diploma or equivalent required
Technical expertise in commercial risk selection and pricing
Knowledge of management information and business systems (Word, Excel, PowerPoint, Access)
Excellent verbal, written and interpersonal skills, with demonstrated presentation skills
Analytical thinking skills to make timely, appropriate decisions and recommendations after reviewing all relevant information
Ability to successfully interact with the Agency Force to grow business while at the same time maintaining underwriting discipline
Ability to read and interpret policy contract language
Broad-based working knowledge of relevant insurance laws and statutes; the contract issue process, computer systems, competitor's products and marketing practices
Preferred
Bachelor's degree preferred, preferably in a business-related field of study
Completion of or actively pursuing CPCU or other relevant insurance designation
Benefits
Bonus Opportunity (based on Company and Individual Performance)
401(k)
Medical
Dental
Vision
Health Savings and Flexible Spending Accounts
Life Insurance
Paid Time Off
Paid Parental Leave
Tuition Assistance
Company
Farmers Insurance
The companies comprising the Farmers Insurance Group of Companies® currently make up one of the country's largest insurers of vehicles, homes and small businesses, and provide a wide range of other specialty insurance and financial services products.
10001+ employees
H1B Sponsorship
Farmers Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (105)
2024 (76)
2023 (86)
2022 (129)
2021 (106)
2020 (90)
Funding
Current Stage
Late StageLeadership Team
Jose Tamayo
Agency Owner
Kevin Yoo
Chief Claims Officer
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