Search for Product Manager roles in Virginia Beach with at least 7 years of experience in the P&C insurance industry. I'm looking for hybrid work arrangements and would prefer positions that offer strong benefits such as a 401(k) plan.

Okay, I've searched for Product Manager roles in Virginia Beach requiring at least 7 years of experience in the P&C insurance industry. I found several options that are hybrid and include strong benefits like a 401(k) plan. You have 42 positions to explore.

Product Manager

Virginia Beach, VA

7 years + Experience

Hybrid

401(k)

Can you help me to analyze the job description and company culture?

Sure. Here's the analysis:

Job Analysis:

The role of Specialty Insurance Product Manager or Assistant Product Manager at GEICO is fundamentally centered on driving the company's profitable growth through innovative product strategies. This position entails a deep engagement with both pricing and non-pricing decisions, requiring a blend of analytical acumen and leadership ability to navigate complex business challenges. A successful individual in this role will be expected to manage the performance of assigned states, create strategic visions, and develop specific plans based on market analysis. These responsibilities are undertaken in a collaborative environment that involves cross-functional coordination with subject matter experts to improve the customer experience. The expected challenges include keeping pace with regulatory changes, analyzing competitive pressures, and making strategic adjustments in a fast-paced environment. Therefore, success in this role manifests itself not only through achieving profitability targets but also through effective communication of complex concepts and navigating stakeholder interests, securing visibility and trust among senior management and external partners alike.

Company Analysis:

GEICO operates in the highly competitive auto insurance market as the third-largest insurer in the United States. As part of the Berkshire Hathaway group, it enjoys a stable but innovation-driven environment that emphasizes a positive customer experience alongside profitable growth. The company also prioritizes building a diverse workforce and engaging with communities, suggesting a culture rooted in inclusivity and social responsibility. This culture may influence the approach to problem-solving and collaboration within the Specialty Insurance Product Management role, where adaptability and cross-departmental teamwork are paramount. A successful candidate will find that the position requires navigating a landscape where their contributions can have a significant impact on growth and customer satisfaction. The role directly aligns with GEICO’s strategic goals of innovation and responsiveness in the insurance product sector, highlighting its importance not just as a backfill position, but as a vital driver of the organization’s growth trajectory.

Mock up some interview questions based on the job description.

Absolutely. Here are some mock interview questions that could come up:

Tell me about a time when you developed a product strategy that significantly improved market performance.
Can you describe how you have handled a complex regulatory challenge in the past?
Describe an experience where you identified a market opportunity and acted upon it. What was the outcome?
How do you prioritize multiple projects with tight deadlines, and can you provide an example?
What tools or methodologies do you prefer for conducting competitive analysis in the insurance space?
How would you approach the development of a pricing strategy for a new insurance product?
Can you explain the steps you would take to ensure compliance with insurance regulations while implementing product changes?
Imagine you are faced with declining profitability in one of your assigned states. What steps would you take to diagnose and address the issue?
Why are you interested in working at GEICO, and what aspects of our mission align with your professional values?
How do you see your previous experiences contributing to your success in this role at GEICO?
What strategies would you employ to advocate effectively for the company with regulators?
What are some trends you currently see in the insurance industry that you believe will influence product management?
How would you involve team members from different departments in the product development process, and what challenges might you face?
What questions do you have about our insurance product strategies or company culture?
What are your career aspirations over the next 5 years, and how does this position align with them?

Job Details

Overview Company

Specialty Insurance Product Manager

GEICO

7 days ago

Highlight

HybridFull-time7+ yearsSenior

Summary

GEICO is seeking a Specialty Insurance Product Manager/Assistant Product Manager to join their team in Virginia Beach, VA. The role involves driving GEICO’s profitable growth and innovating its products within the Insurance Product Management team.

About the Role

As a Specialty Insurance Product Manager, you will build product strategy and drive pricing and non-pricing decisions leading to profitable growth. Responsibilities include managing assigned states to meet profitability targets, creating strategic visions, understanding markets, utilizing analytical problem solving, collaborating with experts, researching competition, directing lifecycle initiatives, advocating with regulators, managing rate filings, and implementing product changes in compliance with laws.

About You

Required:

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.

Preferred:

Master’s degree in business or related field.
Other industry designations: FCAS, ACAS, or CPCU.

Benefits

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.

GEICO

GEICO (Government Employees Insurance Company) offers a variety of insurance such as vehicle, property, business, life, umbrella, travel, pet, jewelry and more. 

The company, which was founded in 1936, is the third-largest auto insurer in the United States and insures vehicles in all 50 states and Washington, D.C.  GEICO, a member of the Berkshire Hathaway family of companies, constantly strives to make lives better by protecting people against unexpected events while saving them money and providing an outstanding customer experience. Visit geico.com to learn more 

▪️ Building a Diverse Workforce ▪️ We are building a diverse and inclusive workforce. GEICO is dedicated to fostering a workplace where everyone feels valued, respected and supported. Our company is focused on building a diverse workforce through a culture of intentional inclusion.  

▪️ Supporting Our Communities ▪️ Our commitment to being an engaged and involved corporate citizen is important to us. We work with supportive partners across the country that help us provide resources for people in need. Authenticity and inclusiveness are paramount as we give back to our communities. 

▪️GEICO Cares ▪️ Our employees can make a big impact by participating in company-wide social impact programs such as Giving Back Together and FastPitch. They can also volunteer with local and national organizations such as Shoes That Fit, Reading is Fundamental, and more. To learn more, visit GEICO in the Community. 

GEICO Has Office Locations In:

Regional offices: • Buffalo, New York • Dallas, Texas • Fredericksburg, Virginia • Indianapolis, Indiana • Lakeland, Florida • Macon, Georgia • San Diego, California • Tucson, Arizona • Virginia Beach, Virginia • Woodbury, New York

Service centers: • Honolulu, Hawaii • Kansas City, Kansas • Iowa City, Iowa

Claims centers: • Houston, Texas • Marlton, New Jersey • Seattle, Washington

Headquarters Chevy Chase, MD

Virginia Beach, VA