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GEICO

Senior Innovation Analyst - First Part Medical

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.

Base pay range $91,225.00/yr - $172,200.00/yr

Job Description The Government Employees Insurance Company (GEICO) is a private American auto insurance company headquartered 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 undergoing 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 Senior Innovation Analyst 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 high emotional intelligence, and is an attentive, empathetic listener

Location Remote, or available office

Benefits

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.

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 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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