Assistant Insurance Product Manager II

GEICO is a private American auto insurance company and the third largest auto insurer in the United States. They are seeking an Associate Product Manager to drive profitable growth and innovate product strategies, focusing on pricing and non-pricing decisions while managing assigned states to meet profitability targets.

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

Requirements:

• 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
• Master's degree in business or related field
• Other industry designations: FCAS, ACAS, or CPCU