Jobs · Finance

State Manager, Insurance Product Management

GEICO · Bethesda, MD · Yesterday
RemoteRemoteFinance$136k–$212k/yrFull-time

Job Duties And Responsibilities

  • 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
  • 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
  • Prior experience managing and developing state teams
  • Capable of managing states with little/minimal oversight
  • Bachelor’s degree with relevant academic background required
  • 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
  • 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

Pay

Annual Salary: $136,325.00 - $212,175.00

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.

About the Role

Join GEICO, a company that offers 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.

Benefits

GEICO is committed to providing 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.

Schedule

This Position is a hybrid or remote position.

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