Assistant Insurance Product Manager II

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 possibleUnderstand the assigned markets and develop specific strategies related to price,productand underwritingUtilize analytical problem solving and leadership skills to execute and deliver product initiativesCollaborate with subject matter experts and other company leaders to implement changes that enhance the customer experienceResearch the competition to develop opportunity and threat assessmentsReview and make recommendations on process and governance from a country-wide state management perspectiveDirect end-to-end lifecycle of department and corporate initiativesAdvocate on behalf of the company with regulators and consultants and in legal and compliance mattersManage rate filings through approval, reviewing and approving text for rate reviews,filingsand internal communicationsImplement product changes effectively and in compliance with laws and regulationsRequired Qualifications:Prior experience in pricing and/or product analysis / product management with an understanding of basic product management conceptsMinimum of 5 years in P&C insurance industry with an understanding of the current environmentWorking knowledge of insurance regulation and related business constraintsCapable of managing states with management oversightBachelor’s degree with relevant academic backgroundMust be a self-motivated,goal orientedindividual with curiosityDemonstrated ability to exchange ideas and convey complex information clearly, both verbally and in writingStrong analytical abilities with solid understanding of pricing techniques and insurance operations including underwritingMust have good planning, organizational, decision-making and communication skillsHigh level knowledge of data sources, tools, and modeling techniquesAbility to adapt to a fast-paced and changing environment and get work done through othersPreferred Qualifications:Master’s degree in business or related fieldOther industry designations: FCAS, ACAS, or CPCUThis position is remote within the United StatesAnnual Salary$121,975.00 - $189,625.00The 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 a