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Senior Product Manager

Job Description GEICO, subsidiary of Berkshire Hathaway and a leader in Auto insurance and other product lines, is on a multi-year technology transformation journey to reimagine the customer experience in the Insurance industry by removing friction across Customers, Partners, Marketplace, Segments, Channels, and build a world class experience powered by technology.  As part of this once in a life-time opportunity to build and make a real impact in insurance marketplace, we are looking for an accomplished, customer obsessed and results-oriented Senior Product Manager to drive our {state domain/role}. As a Senior Product Manager, you will play a key role in shaping the future of [specific product or product line] at GEICO. You will be responsible for the product strategy, driving the development and execution of product roadmaps, and ensuring that our solutions meet the needs of our customers while driving business outcomes. You will collaborate closely with cross-functional teams, including engineering, design, [areas specific for role], to deliver high-impact products that drive business growth and customer satisfaction.Additionally, you are a builder who thrives in a scrappy ambiguous startup environment yet has deep product experience to build complex products from scratch and scale them up. Job Responsibilities• Lead cross-functional teams through the entire product lifecycle, from concept to launch and beyond.• Conduct market research, competitive analysis, and customer interviews to gather insights and inform product decisions.• Prioritize features and initiatives based on customer feedback, business impact, and technical feasibility, making trade-off decisions when needed• Drive product development efforts, including defining requirements, managing backlog, and ensuring timely delivery of high-quality releases.• Continuously monitor product performance, analyze metrics, and iterate on features to optimize user experience and business outcomes.• Identify options and recommendations, working through trade-offs with partners to remove impediments for the team.• Manage product rollout plan, segmentation, product adoption and opportunities for product promotion.• Partner with Technology leaders to influence end-state architecture and drive secure, resilient, performant, and scalable product solutions that solve material customer and business problems.Basic Qualifications• Bachelor’s degree or relevant experience equivalent required.• 5+ years of experience in product management, with a track record of delivering successful products in a fast-paced environment.• Understanding of [specific area or technology], including market trends, customer needs, and competitive landscape.• Excellent communication and presentation skills, with the ability to effectively articulate complex ideas to both technical and non-technical audiences.• Proven analytical and problem-solving abilities, with a data-driven approach to decision-making.• Experience working with Agile methodologies and tools such as JIRA or Azure DevOps.Annual Salary$119,000.00 - $224,000.00The 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 Leave• 401(k) Plan• Tuition Reimbursement• Paid 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.
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Average salary estimate

$171500 / YEARLY (est.)
min
max
$119000K
$224000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Product Manager, GEICO

If you're looking for an exciting opportunity to drive change and innovation in the insurance industry, look no further than the Senior Product Manager position at GEICO in Chevy Chase, MD. As a subsidiary of Berkshire Hathaway, GEICO is on an incredible multi-year transformation journey to revolutionize the customer experience. In this role, you’ll become a key player in shaping the future of our products, utilizing your deep understanding of market trends and customer needs. You’ll be responsible for crafting product strategy, leading cross-functional teams, and driving the execution of product roadmaps that align with both customer expectations and business objectives. Collaborating closely with engineering, design, and other teams, you’ll ensure our products not only meet but exceed user needs while delivering impactful results for the business. We’re looking for someone who thrives in a dynamic, startup-like environment and is eager to build and scale complex products from the ground up. Your day-to-day will involve everything from market research and competitive analysis to optimizing product performance through data-driven insights. If you're an accomplished, customer-obsessed, and results-oriented professional ready to make a real impact in the insurance marketplace, we want to hear from you!

Frequently Asked Questions (FAQs) for Senior Product Manager Role at GEICO
What are the main responsibilities of a Senior Product Manager at GEICO?

The Senior Product Manager at GEICO is responsible for leading cross-functional teams through the entire product lifecycle. This includes conducting market research, managing product backlogs, optimizing user experiences, and ensuring product strategies align with business outcomes.

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What qualifications do you need to apply for the Senior Product Manager position at GEICO?

To qualify for the Senior Product Manager role at GEICO, you’ll need a Bachelor’s degree or equivalent experience, at least 5 years in product management, and knowledge of Agile methodologies. Strong communication and analytical skills are also essential.

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What is the expected salary range for a Senior Product Manager at GEICO?

The annual salary range for a Senior Product Manager at GEICO is between $119,000.00 and $224,000.00, depending on various factors such as work experience, education, and specific responsibilities associated with the role.

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How does GEICO support product development for the Senior Product Manager role?

GEICO supports product development by fostering a collaborative environment where Senior Product Managers can work closely with teams across engineering, design, and market research to drive innovative product solutions that enhance customer experiences.

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What benefits does GEICO offer to Senior Product Managers?

At GEICO, Senior Product Managers enjoy a comprehensive Total Rewards Program that may include medical, dental, and vision insurance, paid vacation, a 401(k) plan, tuition reimbursement, and opportunities for professional training and licensing.

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Common Interview Questions for Senior Product Manager
Can you explain your experience with managing the entire product lifecycle?

In your response, outline specific examples of products you’ve managed from conception to launch, emphasizing the strategies you used to guide the product through different stages, as well as how you collaborated with cross-functional teams.

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How do you prioritize features and initiatives in your product roadmap?

Discuss your methods for gathering customer feedback and analyzing business impact. Mention tools or frameworks you use to make data-driven decisions, such as the MoSCoW method or prioritization matrices.

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What techniques do you use to gather insights from customers?

Share actionable examples such as conducting interviews, surveys, or A/B testing, and explain how you translate this feedback into product improvements and innovative features.

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How do you ensure effective communication between technical and non-technical teams?

Highlight your experience in tailoring your communication approach depending on the audience, using visuals or simplified language, and actively facilitating discussions to ensure everyone is aligned on product goals.

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Describe a challenging product decision you've made and how you handled it.

Provide a specific example of a tough decision, the factors you considered, how you assessed the risks, and what the outcomes were, showcasing your analytical and problem-solving skills.

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What is your experience with Agile methodologies?

Detail your familiarity with Agile practices, including specific frameworks like Scrum or Kanban, and how you've applied these methodologies in previous roles to foster collaboration and rapid product development.

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How do you measure the success of a product after launch?

Discuss the key performance indicators (KPIs) you monitor post-launch, such as user engagement metrics, customer satisfaction scores, and revenue growth, and how you use this data to iterate on the product.

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How do you stay updated with market trends and competitive analysis?

Explain your strategies for market research, such as following industry publications, networking with professionals, and utilizing analytics tools to anticipate shifts in customer preferences and competitive landscape.

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Can you give an example of how you’ve collaborated with engineering and design teams?

Share a story about a successful collaboration where you bridged the gap between teams to deliver a product that met both customer and business goals, illustrating your ability to work cross-functionally.

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What do you believe are the most important qualities of a successful Senior Product Manager?

Discuss qualities such as customer obsession, adaptability, strong analytical skills, and effective communication, explaining why each is critical for navigating the complexities of product management.

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GEICO's seven operating principles help create a workplace in which their associates can thrive. 1. Respect, support and provide opportunity for all associates. 2. Be fanatics for outstanding customer service. 3. Be the low-cost provider. 4. ...

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Full-time, on-site
DATE POSTED
December 23, 2024

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