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State Manager, Insurance Product Management
Location
Maryland
Posted
3 days ago
Salary
$136.3K - $212.2K / year
Seniority
Lead
Job Description
State Manager, Insurance Product Management
GEICO
• Drive GEICO’s profitable growth and innovate its products by joining the Insurance Product Management team • Build product strategy and drive pricing and non-pricing decisions leading to profitable growth • Manage assigned state(s) to meet profitability targets • Create a strategic vision and roadmap for areas of ownership • Apply skills in leadership and persuasion to achieve strategic goals • Understand 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 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
Job Requirements
- 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
- Working knowledge of insurance regulation and related business constraints
- Prior experience managing and developing state teams
- Capable of managing states with little/minimal oversight
- Bachelor’s degree with relevant academic background required
- 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
Benefits
- Competitive pay
- Benefits
- Flexibility to support your well-being and future
- Personalized development programs
- Mentorship
- Certification assistance
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