Director, Insurance Product Manager

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

Drive GEICO’s profitable growth and innovate its products by joining our Insurance Product Management team. We are looking for an experienced Product Manager with the ability 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 experienced Product Manager who will build product strategy and drive pricing and non-pricing decisions leading to profitable growth.

This role will be at the Product Manager to Sr Product Manager level, based on experience, and will have Senior Management visibility.

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

Create a strategic vision and roadmap for your areas of ownership and apply skills in leadership and persuasion to achieve it.

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

Required Qualifications :

Demonstrated deep understanding of pricing and product management strategy and tactics with a proven track record of success

Minimum of 7 years in P&C insurance industry with an understanding of the current environment

Working knowledge of insurance regulation and related business constraints

Prior experience managing and developing state teams

Capable of managing states with little / minimal oversight

Bachelor’s degree with relevant academic background required

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

Preferred Qualifications :

Master’s degree in business or related field

Other industry designations : FCAS, ACAS, or CPCU

This Position is a hybrid or remote position.

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Annual Salary

$111,000.00 - $207,000.00

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.

Benefits :

As an Associate, you’ll enjoy our

• to help secure your financial future and preserve your health and well-being, including :
• Premier Medical, Dental and Vision Insurance with no waiting period
• Paid Vacation, Sick and Parental Leave
• 401(k) Plan
• Tuition Reimbursement
• Paid Training and Licensures
• Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.

Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.