Posted in

Specialty Insurance Product Manager/Assistant Product Manager

Specialty Insurance Product Manager/Assistant Product Manager

CompanyGeico
LocationCleveland, OH, USA, Virginia Beach, VA, USA, Bethesda, MD, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, 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