Assistant Insurance Product Manager II

Role Description

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.

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 have Senior Management 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, 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

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 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

Requirements

• Master’s degree in business or related field (preferred)
• Other industry designations: FCAS, ACAS, or CPCU (preferred)
• This position is remote within the United States

Benefits

• Annual Salary: $121,975.00 - $189,625.00
• 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.