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Drive GEICO’s profitable growth and innovate its products by joining our Insurance Product Management team. We are looking for an Associate Product Manager with high potential to strategically analyze potential opportunities and risks, and lead efforts to solve complicated business problems and effect positive change. You will be on the front line of driving GEICO’s long-term profitable growth, with responsibility for delivering results in one or more states.
Job Responsibility:
Manage state(s) to meet profitability targets and grow as fast as possible
Understand the assigned markets and develop specific strategies related to price, product and underwriting
Utilize analytical problem solving and leadership skills to execute and deliver product initiatives
Collaborate with subject matter experts and other company leaders to implement changes that enhance the customer experience
Research the competition to develop opportunity and threat assessments
Review and make recommendations on process and governance from a country-wide state management perspective
Direct end-to-end lifecycle of department and corporate initiatives
Advocate on behalf of the company with regulators and consultants and in legal and compliance matters
Manage rate filings through approval, reviewing and approving text for rate reviews, filings and internal communications
Implement product changes effectively and in compliance with laws and regulations
Requirements:
Prior experience in pricing and/or product analysis / product management with an understanding of basic product management concepts
Minimum of 5 years in P&C insurance industry with an understanding of the current environment
Working knowledge of insurance regulation and related business constraints
Capable of managing states with management oversight
Bachelor’s degree with relevant academic background
Must be a self-motivated, goal oriented individual with curiosity
Demonstrated ability to exchange ideas and convey complex information clearly, both verbally and in writing
Strong analytical abilities with solid understanding of pricing techniques and insurance operations including underwriting
Must have good planning, organizational, decision-making and communication skills
High level knowledge of data sources, tools, and modeling techniques
Ability to adapt to a fast-paced and changing environment and get work done through others
Nice to have:
Master’s degree in business or related field
Other industry designations: FCAS, ACAS, or CPCU
What we offer:
Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family’s overall well-being
Financial benefits including market-competitive compensation
a 401K savings plan vested from day one that offers a 6% match
performance and recognition-based incentives
and tuition assistance
Access to additional benefits like mental healthcare as well as fertility and adoption assistance
Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year