State Product Management Director

Primary Position Objective:

Under general direction, DEVELOPS and IMPLEMENTS pricing and product design strategies for GEICO products. RESPONSIBLE for the profit and growth of GEICO products. This includes IDENTIFYING, EXECUTING, and ITERATING strategic plans to position assigned area for long-term success.

Essential Functions:

INTERVIEWS and/or APPROVES job applicants for employment. CONDUCTS and/or REVIEWS associate performance appraisals. INITIATES or APPROVES salary adjustments, performance ratings, and other personnel changes. COUNSELS associates and TAKES disciplinary action or TERMINATES the employment of associates as appropriate.

TAKES full ownership of high-complexity business problems, plan items, product features or product lines.

RESPONSIBLE for the profit and growth of GEICO’s products, through both direct ownership spanning multiple states and/or dedicated product management functions and CONSULTS appropriate leaders and MAKES decision and TAKES appropriate underwriting and rate level action.

MANAGES product analysis in assigned products in pursuit of growth and profit goals. LEVERAGES market research, industry trends and thorough understanding of competitor strategies to drive analysis, product change and GEICO strategy.

BUILDS strong relationships with other business units and LEADS strategic direction for the long-term success of assigned areas.

MANAGES rate filings through approval. REVIEWS and APPROVES text for rate reviews, filings and internal communications describing results of analysis. MANAGES product review packages through completion. ADVOCATES the company position in negotiation with regulators and consultants and in legal and compliance matters.

SOLVES complex problems despite limited or imperfect data.

ANALYZES, SELECTS, and IMPLEMENTS new and complex pricing and product design strategies.

MANAGES relationships with external parties, including vendors, insurance organizations and regulators.

MENTORS and DEVELOPS future Product Managers.

ADHERES to the GEICO Code of Conduct, company policies and operating principles.

MEETS attendance standard at business location to perform necessary job functions and to facilitate interaction with subordinates and management.

MEETS the requirements specified below.

• Must be able to, with or without accommodation, perform the essential functions which include, but are not limited to seeing, hearing, typing and speaking
• Must be able to speak in a clear, empathic and professional manner by telephone
• Must be able to follow complex instructions, resolve conflicts or facilitate conflict resolution, and have strong organization/priority setting skills
• Must be able to multi-task
• Must be able to learn and apply large amounts of technical and procedural information
• Must be able to communicate effectively verbally and in writing

 

Annual Salary

$133,000.00 - $207,000.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

 

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

 

Benefits:

As an Associate, 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
• Tuition Reimbursement
• Paid Training and Licensures

*Benefits may be different by location.  Benefit eligibility requirements vary and may include length of service.

**Coverage begins on the date of hire. 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, ancestr