GEICO

Assistant Insurance Product Manager II

GEICO  •  $122k - $190k/yr  •  United States (Remote)  •  3 hours ago
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Job Description

Why Join GEICO?

At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities.

Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive on relentless innovation to exceed our customers' expectations while making a real impact on local communities nationwide.

Founded in 1936, GEICO is a member of the Berkshire Hathaway family of companies and one of the largest auto insurers in the United States. When you join our company, we want you to feel valued, supported, and proud to work here. That's why we offer the GEICO Pledge: Great Company, Great Culture, Great Rewards, and Great Careers.

Ready to innovate and direct GEICO’s profitable growth? If so, Read on!

The Government Employees Insurance Company (GEICO) is a private American auto insurance company with headquarters in Chevy Chase, Maryland. GEICO is a wholly owned subsidiary of Berkshire Hathaway and is the third largest auto insurer in the United States. In 2023, GEICO earned premiums worth over$40 billionU.S. dollars.

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 Duties and Responsibilities:

The Insurance Product Management team has an opening for an Associate Product Manager who will build product strategy and drive pricing and non-pricing decisions leading to profitable growth. This role will be at the Associate Product Manager level and will haveSeniorManagement visibility.

Manage state(s) to meet profitability targets and grow as fast as possible

Understand the assigned markets and develop specific strategies related to price,productand 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,filingsand internal communications

Implement product changes effectively and in compliance with laws and regulations

Required Qualifications:

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 orientedindividual 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

Preferred Qualifications:

Master’s degree in business or related field

Other industry designations: FCAS, ACAS, or CPCU

This position is remote within the United States

Annual Salary

$121,975.00 - $189,625.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

The GEICO Pledge:

Great Company: Protecting customers through life’s twists and turns with innovation and integrity.

Great Careers:Personalized development programs, mentorship, and certification assistance.

Great Culture:Inclusive and collaborative culture rooted in shared success.

Great Rewards:Competitive pay, benefits, and flexibility to support your well-being and future.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.

GEICO

About GEICO

GEICO (Government Employees Insurance Company) offers a variety of insurance such as vehicle, property, business, life, umbrella, travel, pet, jewelry and more. 

The company, which was founded in 1936, is the third-largest auto insurer in the United States and insures vehicles in all 50 states and Washington, D.C. 

GEICO, a member of the Berkshire Hathaway family of companies, constantly strives to make lives better by protecting people against unexpected events while saving them money and providing an outstanding customer experience. Visit geico.com to learn more 

▪️ Building a Diverse Workforce ▪️

We are building a diverse and inclusive workforce. GEICO is dedicated to fostering a workplace where everyone feels valued, respected and supported. Our company is focused on building a diverse workforce through a culture of intentional inclusion.  

▪️ Supporting Our Communities ▪️

Our commitment to being an engaged and involved corporate citizen is important to us. We work with supportive partners across the country that help us provide resources for people in need. Authenticity and inclusiveness are paramount as we give back to our communities. 

▪️GEICO Cares ▪️

Our employees can make a big impact by participating in company-wide social impact programs such as Giving Back Together and FastPitch. They can also volunteer with local and national organizations such as Shoes That Fit, Reading is Fundamental, and more. To learn more, visit GEICO in the Community. 

GEICO Has Office Locations In:

Regional offices:

• Buffalo, New York

• Dallas, Texas

• Fredericksburg, Virginia

• Indianapolis, Indiana

• Lakeland, Florida

• Macon, Georgia

• San Diego, California

• Tucson, Arizona

• Virginia Beach, Virginia

• Woodbury, New York

Service centers:

• Honolulu, Hawaii

• Kansas City, Kansas

• Iowa City, Iowa

Claims centers:

• Houston, Texas

• Marlton, New Jersey

• Seattle, Washington

Headquarters

Chevy Chase, MD

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Chevy Chase, MD
Year Founded
1936
Website
geico.com
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