Product Specialist

Welcome to Geico Auto Insurance! We are currently seeking a highly motivated and knowledgeable Product Specialist to join our team. As a Product Specialist, you will play a crucial role in the development and management of our insurance products. Your expertise will be relied upon to ensure that our products are competitive, relevant, and meet the needs of our customers. To be successful in this role, you must have a strong understanding of the insurance industry, excellent analytical skills, and the ability to think creatively. If you are passionate about insurance and have a drive for innovation, we would love to have you on our team.

1. Conduct market research and analysis to identify customer needs and preferences.
2. Collaborate with cross-functional teams to develop and refine insurance products.
3. Monitor industry trends and competitive landscape to inform product development.
4. Create and maintain product documentation, including pricing models, underwriting guidelines, and policy language.
5. Conduct product training for internal teams and external partners.
6. Develop marketing strategies to promote and differentiate our insurance products.
7. Analyze product performance data and make recommendations for improvements.
8. Lead the development and implementation of new product launches.
9. Ensure compliance with regulatory requirements and industry standards.
10. Communicate with customers to gather feedback and incorporate it into product development.
11. Monitor and report on key performance indicators to track product success.
12. Collaborate with sales and underwriting teams to identify opportunities for product growth.
13. Continuously seek out ways to innovate and improve our insurance products.
14. Stay up-to-date on industry developments and changes in insurance regulations.
15. Represent the company at industry events and conferences.

According to JobzMall, the average salary range for a Product Specialist in Chevy Chase, MD, USA is $60,000 to $90,000 per year. However, this can vary depending on factors such as the specific company, industry, and level of experience. Some product specialists may also receive bonuses or commission based on their performance.

The Government Employees Insurance Company is an American auto insurance company with headquarters in Chevy Chase, Maryland. It is the second largest auto insurer in the United States, after State Farm. It's Parent organization is Berkshire Hathaway.