Specialty Insurance Product Manager/Assistant Product Manager
Company | Geico |
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Location | Cleveland, OH, USA, Virginia Beach, VA, USA, Bethesda, MD, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior, Expert or higher |
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
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
- 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
Preferred Qualifications
- Master’s degree in business or related field
- Other industry designations: FCAS, ACAS, or CPCU