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GEICO · 2 weeks ago

Assistant Insurance Product Manager II

United States

Full-time

Remote

Mid, Senior Level

$122K/yr - $190K/yr

5+ years exp

GEICO is a private American auto insurance company seeking an Assistant Insurance Product Manager II to drive profitable growth and innovate its products. The role involves managing state profitability, developing market strategies, and collaborating with various company leaders to enhance customer experience.

Auto InsuranceFinancial ServicesGovernmentInsuranceInternetMobile

No H1B

Responsibilities

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

Qualification

Product managementPricing analysisP&C insurance experienceInsurance regulation knowledgeAnalytical abilitiesData modeling techniquesCommunication skillsOrganizational skillsDecision-making skillsLeadership skillsAdaptability

Required

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

Preferred

Master's degree in business or related field

Other industry designations: FCAS, ACAS, or CPCU

Benefits

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.

Company

GEICO

Glassdoor2.7

GEICO, Government Employees Insurance Company, has been providing affordable auto insurance since 1936. It is a sub-organization of Berkshire Hathaway.

Founded in 1936

Chase, Maryland, USA

10001+ employees