Chief Compliance Officer

GEICO • New York City, MD

14h

About The Position

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 through relentless innovation to exceed our customers’ expectations while making a real impact for our company through our shared purpose. 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. Our success is no secret - it's the result of investing in dedicated and hardworking associates who provide exceptional service and solutions for our clients. GEICO is seeking a highly strategic, innovative, experienced, and collaborative Chief Compliance Officer to lead the enterprise-wide compliance program and foster a culture of ethics. The ideal candidate will be a visionary with deep knowledge of the insurance industry, strong business acumen, and exceptional leadership and communication skills. This individual should also have the ability to anticipate emerging issues, ensure the organization meets its regulatory obligations, and mitigate compliance risk by partnering with leaders across the organization to embed compliance into our operations. This role will report directly to the Chief Legal Officer and will oversee and direct a team of compliance professionals across the United States.

Requirements

• Education: Bachelor’s degree from an accredited 4-year college or university; Juris Doctor (JD) or advanced degree preferred
• Experience: 15+ years of compliance, legal, or regulatory experience in the insurance or financial services industry, including demonstrated leadership and team management experience
• Strategic Thinking: Proven ability to develop and execute complex strategies that align policy priorities with business objectives
• Analytical Skills: Exceptional ability to analyze complex legislative and regulatory environments and translate findings into actionable recommendations
• Communication Skills: Excellent written and verbal communication skills; proven ability to persuasively articulate positions to policymakers and advise senior executives on complex issues
• Relationship Building: Demonstrated success cultivating trusted relationships with policymakers, regulators, and industry leaders
• Strong knowledge of insurance regulations and property and casualty operations

Responsibilities

• Strategic Leadership Design, implement, and continuously enhance a comprehensive enterprise compliance framework, including development of policies, training, monitoring, and reporting mechanisms to ensure organizational integrity and consistency
• Advise the executive leadership team and Board of Directors (or designated committee) on compliance risks, emerging regulatory trends, and control effectiveness, providing actionable recommendations to support informed decision-making
• Champion and actively promote a strong risk-aware culture and ethical conduct across all business units and functions by leading training initiatives, effective communications, and recognition programs
• Program Governance and Oversight Develop, implement, and manage enterprise-level compliance policies and procedures to ensure consistency and effectiveness across the organization.
• Lead the annual compliance risk assessment and planning process, integrating with the enterprise risk management (ERM) framework
• Monitor and analyze new regulatory changes, ensuring timely adaptation of internal policies and procedures
• Oversee the creation and maintenance of compliance dashboards, key performance indicators (KPIs), and board-level reporting to inform leadership and drive accountability
• Ensure documentation and recordkeeping meet all regulatory expectations and industry best practices
• Collaborate with Legal, Internal Audit, ERM, Underwriting, Claims, Product, Internal Controls and IT to proactively identify and address cross-functional and emerging compliance risks
• Evaluate internal controls and recommend improvements to strengthen compliance management systems
• Regulatory Compliance and Monitoring Ensure organizational compliance with all applicable federal, state, and local laws and regulations
• Oversee and evaluate compliance monitoring and testing activities performed by business units or second-line functions
• Partner with Government and Regulatory Affairs on regulatory inquiries, examinations, and audits; support business units during such engagements
• Oversee market conduct compliance activities
• Ethics, Training, and Culture Foster a robust culture of ethics and compliance throughout the organization.
• Develop and implement comprehensive compliance training programs for all staff, leadership, and relevant third-party partners
• Enhance awareness of regulatory requirements, policy changes, and industry best practices
• Reporting and Communication Deliver regular compliance updates to senior leadership and the Board of Directors, including detailed analysis of emerging trends, risks, and findings
• Manage corrective action plans, ensuring timely and effective remediation of identified issues
• Support corporate governance initiatives and ensure continued alignment with regulatory standards and expectations
• Investigations and Corrective Actions Collaborate and partner on internal investigations into potential compliance violations or unethical conduct
• Collaborate with HR, Legal, and business leaders to design and implement corrective actions, and monitor their effectiveness

Benefits

• We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.
• Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family’s overall well-being.
• Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
• Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
• Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive