Position Overview

The State Product Management Director oversees the strategic planning, development, and execution of insurance product initiatives within the state of California. This individual will own north of $1 billion in terms of premium for the state. Given California's highly regulated market, the successful candidate must have proven product leadership experience within the state to ensure compliance, profitability, and competitive positioning.

Key Responsibilities

Strategic LeadershipDevelop and implement the California product strategy in alignment with organizational goalsConduct market analysis to identify opportunities for new products and enhancements to existing offeringsMonitor industry trends, competitor activities, and regulatory changes specific to California to inform product strategies

Product Development and Management

Lead the creation, design, and launch of insurance products tailored to California's market demandsManage the full product lifecycle, including pricing, underwriting guidelines, and distribution strategiesCollaborate with actuarial, underwriting, and marketing teams to optimize product performanceEnsure all products meet California-specific compliance requirements and align with corporate policies.

Performance Analysis and Optimization

Analyze product performance metrics, including profitability, retention, and growth, to identify improvement opportunitiesConduct regular reviews of the California product portfolio and implement necessary adjustmentsProvide reports and insights to senior management on product performance within California

Regulatory Compliance

Maintain thorough knowledge of California insurance regulations and ensure product offerings comply with legal standardsServe as the primary liaison with California insurance regulators regarding product filings and approvals

Team Collaboration and Leadership

Lead and mentor a team of product managers, analysts, and support staff in CaliforniaFoster a collaborative culture across cross-functional teams to drive product successAct as a subject matter expert for California product matters, providing guidance and training as needed

Education and Experience

Bachelor’s degree in Business, Marketing, Actuarial Science, or a related field (MBA preferred)7+ years of experience in product management within the insurance industry, with specific leadership experience in CaliforniaDeep understanding of California's insurance market dynamics and regulatory environment

Skills and Competencies

Proven ability to develop and execute product strategies that drive profitability and growthExpertise in pricing, underwriting, and compliance for California insurance productsStrong analytical and problem-solving skills with attention to detailExcellent communication and presentation skillsLeadership skills with experience managing and developing high-performing teamsProficiency in data analysis tools and insurance management software

Work Environment

This is a remote opportunity, allowing the successful candidate to work from their preferred location. Quarterly travel is expected to meet with regulators, attend industry events, or collaborate with regional and corporate teams.

 

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 Leave401(k) PlanTuition AssistancePaid 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, 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.