Product Manager - Chevy Chase, MD
Ready to innovate and drive GEICO's auto products? If so, read on!
Drive innovation at GEICO by driving the auto product. We are looking for highly motivated individuals with a business, finance and/or data background to join our Product Management team. This is a unique opportunity to utilize your analytical, problem-solving, and organizational skills to help shape GEICO’s competitive position by not only identifying the problems but also recommending and implementing the solutions.
Job Duties & Responsibilities:
As a Product Manager, you will develop and recommend new and complex pricing and product design strategies for assigned products, manage the preparation of statistical exhibits used for analyses of underwriting experiences, and coordinate the implementation of new products across different units. The candidate will be responsible for the profit and growth of assigned products, including leveraging analytical models and product analyses, managing maintenance and development of data sources, and handling rate filings through approval. Other responsibilities include designing and testing databases and system changes for implementation of product changes and writing/reviewing text for rate reviews, filing, and internal communications describing results of analysis.
The ideal candidate must display analytical skills, have a proven track record of successfully driving results and projects, strong organization and time-management skills, present strategic solutions to the leadership team, and demonstrate an ability to make change happen. Project Management skills and/or programming knowledge in SAS, SQL, R, Python, or other languages is also highly desirable.
Ready to make an impact? If so, do you meet these qualifications?
- Bachelor's degree in a business or quantitative field. Advanced degrees are encouraged
- 2+ years of relevant work experience in Insurance, Actuarial, or Product Management
- Understanding of business practices
- Strong analytical and problem-solving skills
- Effective written and verbal communication skills
- Demonstrated leadership potential
This is your first step to becoming a GEICO leader through exposure to real-life business decisions that affect the company's success!
*Must be willing and able to commute or relocate. This position is based out of our Corporate office in Chevy Chase, MD.
Starting salary will range from $70K to $95K with consideration given for work experience and education
To ensure our associates receive the training and support needed to excel and thrive, associates hired for this position are generally required to work at the GEICO building during their orientation period. GEICO follows federal and state guidance and legal requirements regarding measures designed to limit the spread of COVID-19, including masking and social distancing. Measures may vary by GEICO location.
As a Product Manager, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:
- Premier Medical, Dental and Vision Insurance with no waiting period**
- Paid Vacation, Sick and Parental Leave
- 401(k) Plan with Profit Sharing
- Tuition Reimbursement
- Paid Training and Licensures
*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.
**Coverage begins with the pay period after hire date. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides 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.