Why Join GEICO?
At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities.
Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive on relentless innovation to exceed our customers' expectations while making a real impact on local communities nationwide.
Founded in 1936, GEICO is a member of the Berkshire Hathaway family of companies and one of the largest auto insurers in the United States. When you join our company, we want you to feel valued, supported, and proud to work here. That's why we offer the GEICO Pledge: Great Company, Great Culture, Great Rewards, and Great Careers.
Ready to innovate and direct GEICO’s profitable growth? If so, Read on!
The Government Employees Insurance Company (GEICO) is a private American auto insurance company with headquarters in Chevy Chase, Maryland. GEICO is a wholly owned subsidiary of Berkshire Hathaway and is the third largest auto insurer in the United States. In 2023, GEICO earned premiums worth over $40 billion U.S. dollars.
Drive GEICO’s profitable growth and innovate its products by joining our Insurance Product Management team. We are looking for an Associate Product Manager with high potential to strategically analyze potential opportunities and risks, and lead efforts to solve complicated business problems and effect positive change. You will be on the front line of driving GEICO’s long-term profitable growth, with responsibility for delivering results in one or more states.
Job Duties and Responsibilities:
The Insurance Product Management team has an opening for an Associate Product Manager who will build product strategy and drive pricing and non-pricing decisions leading to profitable growth. This role will be at the Associate Product Manager level and will have Senior Management visibility.
Manage state(s) to meet profitability targets and grow as fast as possible
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
Required Qualifications:
Prior experience in pricing and/or product analysis / product management with an understanding of basic product management concepts
Minimum of 5 years in P&C insurance industry with an understanding of the current environment
Working knowledge of insurance regulation and related business constraints
Capable of managing states with management oversight
Bachelor’s degree with relevant academic background
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
Preferred Qualifications:
Master’s degree in business or related field
Other industry designations: FCAS, ACAS, or CPCU
This position is remote within the United States
Annual Salary
$121,975.00 - $189,625.00The 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.
The GEICO Pledge:
Great Company: Protecting customers through life’s twists and turns with innovation and integrity.
Great Careers: Personalized development programs, mentorship, and certification assistance.
Great Culture: Inclusive and collaborative culture rooted in shared success.
Great Rewards: Competitive pay, benefits, and flexibility to support your well-being and future.
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.
Skills Required
- Prior experience in pricing and/or product analysis / product management with understanding of basic product management concepts
- Minimum of 5 years in P&C insurance industry with an understanding of the current environment
- Working knowledge of insurance regulation and related business constraints
- Capable of managing states with management oversight
- Bachelor's degree with relevant academic background
- 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
- 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
- Master's degree in business or related field
- Industry designations such as FCAS, ACAS, or CPCU
GEICO Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about GEICO and has not been reviewed or approved by GEICO.
-
Healthcare Strength — Healthcare coverage is described as comprehensive, spanning medical, prescription, behavioral health, dental (including orthodontia), and vision options with multiple plan types. Wellness resources, HSAs/FSAs, and related programs add breadth to the core health offering.
-
Retirement Support — Retirement support includes a 401(k) with an employer match, and the match level is still characterized as good even after adjustments. Access to a credit union and financial education tools further strengthens the overall retirement/financial support picture.
-
Flexible Benefits — Work-life programs provide flexibility through hybrid scheduling and limited remote-work options, alongside a broad menu of ancillary benefits such as commuter pre-tax programs, employee discounts, and charitable gift matching. Education support via tuition assistance and scholarships adds additional optionality for different needs.
GEICO Insights
What We Do
We know you know GEICO, but we want you to know that with us, you’ll find a rewarding career no matter which path you take. Our over 40,000 associates have been unexpectedly delighted to find that their jobs have turned into illuminating careers. You know us for insurance. Get to know us for great careers, too.
