Product Specialist

GEICO • Cleveland, OH

12d

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. As a Product Specialist supporting the Umbrella team, you will play a crucial role in ensuring compliance, regulatory adherence, and efficient administration of insurance products across all states. You will focus on organizing critical items relating to compliance and rate/rule filings, along with taking on additional responsibilities and providing support for a range of activities involving state objections, forms, underwriting guidelines, and researching changing trends in the marketplace.

Requirements

• Excellent organizational and project management skills, with the ability to prioritize tasks and meet deadlines effectively.
• Exceptional communication and interpersonal skills, with the ability to collaborate effectively with internal teams and external stakeholders.
• Detail-oriented mindset with a focus on accuracy and precision in all tasks.
• Proficiency in Microsoft Office Suite.

Nice To Haves

• Proficiency in Systems for Electronic Rates & Form Filing (SERFF) a plus.
• Power BI and basic SQL knowledge a plus
• Bachelor's degree preferred.
• Prior experience in insurance, regulatory compliance, or state management preferred.

Responsibilities

• Forms review and approvals for state filings
• Manage and analyze impacts of L&R’s
• Develop, manage and have a strong understanding of rules at the state and countrywide level
• Assist with maintaining a repository of history and knowledge for state correspondence and state nuances
• Responsible for updating and maintaining contracts, rules and underwriting guidelines
• Assist with compliance concerns
• Competitor research
• Stay updated on changes in regulatory requirements and implement necessary adjustments to ensure compliance.
• Collaborate with cross-functional teams to identify requirements, milestones, and deliverables.
• Generate reports and analyses as needed to support regulatory submissions and internal decision-making processes.
• Hand calculations to verify rates or answer customer specific questions

Benefits

• Opportunity to work with cutting-edge technologies and innovative projects.
• Collaborative and inclusive work environment.
• Competitive salary and benefits package.
• Career growth and development opportunities.
• 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: Mid Level
• Number of Employees: 5,001-10,000 employees