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GEICO

Senior Innovation Analyst

GEICO, Richardson, Texas, United States, 75080

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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.

Job Description About GEICO The Government Employees Insurance Company (GEICO) is a private American auto insurance company with headquarters in Chevy Chase, Maryland. GEICO is a wholly owned subsidiary of Berkshire Hathaway and is the third largest auto insurer in the United States. In 2023, GEICO earned premiums worth over $40 billion U.S. dollars.

GEICO is going through a massive digital transformation to re-platform the Insurance industry, removing friction across Customers, Partners, Marketplace, Segments, Channels, and Experiences as we grow our reach and market share.

About The Role GEICO is hiring a to join their Claims Innovation team. In this role, you will work in close collaboration with multiple stakeholders across the organization to modernize GEICO Claims across technology, process and procedure. This role reports to the Director, Claims Innovation.

Responsibilities

Evaluate the current state of the business process and associated technology, identify areas of opportunity for improvement, and develop actionable strategies based on findings

Lead the overall management of process performance by developing control limits, monitoring key performance indicators, and informing stakeholders of any deficiencies, improvements, operational risks issues, etc. and drive collaborative efforts to ensure process delivers against requirements.

Apply and maintain expert knowledge of the business and manage ongoing alignment and development of business deliverable processes and capabilities with business needs to materially change and improve business performance

Utilize data and analytics to deliver insight into customer and business process performance and shares best practices with overall team.

Evaluating and analyzing existing claims workflows, data, and key metrics to identify areas of opportunity for efficiency, effectiveness, or accuracy

Guide and influence process re-engineering and technology implementation to enable innovative workflow redesign

Preparing, summarizing, and delivering reports and / or presentations on findings or project progress

Collaborating with Operations and Product teams to gather, define, and prioritize requirements, features, and specifications

Identifying, tracking, and monitoring project risks and expected benefits

Assisting the Director, Claims Innovation in establishing priorities, goals, and objectives

Working across GEICO’s Engineering, Product, AI, R&D, Data Science, and Claims Operations teams to help implement new product features, services, and / or processes

Providing oversight of pilot programs, POC’s, or A / B testing and reporting on performance and progress

Participating in innovation workshops, ideations sessions, or design sprints for the purpose of identifying creative methods to solving problems

Establishing a culture of innovation, agility, continuous improvement, openness and caring

Keeping abreast of industry, market and company trends, techniques and capabilities.

About You Skills & experiences

8+ years experience in business process optimization, business analysis, consulting, innovation, and / or process engineering / optimization

Bachelor’s degree in Business, Finance, Economics, Statistics or other related area

Management experience in P&C insurance claims, with subject matter expertise in material damage, casualty, or commercial auto claims handling preferred

Experience in the Insurance and / or InsurTech industry(ies), preferably within claims

Experience in innovation or transformation roles, preferably within P&C insurance

Experience evaluating technology opportunities / solutions and developing technology product strategy, plans, and roadmaps.

Demonstrated competence in innovation methodologies, processes, and principles

Effective communicator with the ability to clearly articulate a common strategic vision

Experience working in collaboration with multiple stakeholders

Ability to identify and execute on opportunities exposed by evolving process & technology

DEI champion who thinks about diversity, equity and inclusion in all that they do, embedding it in programs and work

Leadership qualities

Leads from the front and isn’t shy about using their voice

Ability to lead and influence with empathy and humility

Ability to navigate and lead through complexity

Curiosity, critical thinking skills; a lifelong learner who sees situations through multiple lenses

Exceptional character and an ability to instill confidence and build trust. Someone who possesses highemotional intelligence, and is an attentive, empathetic listener

Location Remote, or available office

Annual Salary $91,225.00 - $172,200.00

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 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

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.

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