Chicago, IL, USA
1 day ago
Director, State Pricing

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.

Join one of the most dynamic teams at GEICO and help shape the future of auto insurance pricing. As a wholly owned subsidiary of Berkshire Hathaway and the third-largest auto insurer in the U.S., GEICO offers the stability and resources of a global leader with the agility of an evolving market disruptor. With over $40 billion in premiums earned in 2023, our mission is clear: deliver innovative, data-driven solutions that enhance customer value while driving profitable growth.

GEICO’s State Pricing Director role is at the forefront of this mission. This is not just a numbers game—it’s a high-impact leadership opportunity to craft pricing strategies that optimize profit, market growth, and customer loyalty. You will play a pivotal role in driving competitive advantage by analyzing trends, anticipating market shifts, and collaborating with cross-functional teams to build strategies that influence the future of our business.

Why This Role is Exciting:
• Shape Strategy: Develop and execute cutting-edge pricing tactics tailored to state-level market dynamics and customer behavior.
• Influence Change: Partner with leaders in Product, Marketing, R&D, and Finance to design innovative solutions that strengthen GEICO’s competitive edge.
• High Visibility: Serve as a key advisor in business reviews and regulatory discussions, influencing decisions that shape GEICO’s position in the insurance market.
• Transformational Leadership: Build and lead a high-performing team that blends deep actuarial expertise with strategic acumen, driving business results through insights and collaboration.

Responsibilities:

Tackle intricate challenges, balancing profitability, policy growth, and premium volumes while managing competing priorities across teams.Deliver compelling recommendations on pricing actions and articulate their business impact with clarity and confidence.Serve as a critical partner in developing and testing innovative pricing strategies that fuel profitable growth and enhance market leadership.Analyze performance trends, including loss ratios and rate indications, while identifying opportunities to optimize segmentation and profitability.Monitor and adapt to changes in market share and competitive positioning, ensuring GEICO remains a step ahead.Take ownership of building and refining models that evaluate the impact of pricing decisions on volume, growth, and portfolio value.Cultivate a high-performing team of analysts, combining cutting-edge statistical expertise with deep industry insights to maximize business outcomes.Partner with Pricing, Product, R&D, Marketing, and Finance to align strategies and deliver exceptional results.Ensure outputs are timely, precise, and aligned with the needs of stakeholders, maintaining the highest quality standards.Navigate the organization effectively, building strong relationships to support and enhance pricing strategies across the business.

Qualifications:

8+ years of progressive experience in pricing, data analysis, finance, or insurance product management, with a proven record of success.Exceptional problem-solving and decision-making abilities, with the capacity to transform complex data into actionable insights.A track record of managing teams, prioritizing initiatives, and delivering results in fast-paced, high-impact settings.The ability to distill intricate data into straightforward, impactful narratives for a variety of audiences, including executive leadership.Strong time management and attention to detail, ensuring priorities are met with precision and speed.Experience working with senior leaders to craft and execute successful business strategies that drive measurable results.

Location:

This is a hybrid role, on-site 3 days per week at Chevy Chase, MD, Chicago, IL or New York, NY. We are considering other locations.

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Annual Salary

$140,425.00 - $229,600.00

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.


 

The GEICO Pledge:

Great Company: At GEICO, we help our customers through life’s twists and turns. Our mission is to protect people when they need it most and we’re constantly evolving to stay ahead of their needs.

We’re an iconic brand that thrives on innovation, exceeding our customers’ expectations and enabling our collective success. From day one, you’ll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on people’s lives.

Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career – and your potential – in mind.  You’ll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all levels.

Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose.

As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.

Great Rewards: 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.

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.

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