Innovation Portfolio Manager

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 an Innovation Portfolio Manager to join their Claims Innovation team. The Innovation Portfolio Manager is responsible for the oversight of the innovation portfolio and managing the innovation pipeline, bringing clarity to existing innovation projects, their outcomes, and ensuring alignment with company goals.  This role reports directly to the Head of Claims Innovation.

Responsibilities:

• Effective oversight and management of the claims innovation pipeline and portfolio to deliver maximum value
• Support the facilitation of value assurance reviews, optimization of resource allocation, and prioritization of capital deployment
• Monitor, track, and report on end-to-end performance measurements of innovation objectives and portfolio projects
• Communicate and collaborate with various stakeholders to ensure alignment and support for innovation portfolio projects
• Mapping strategic priorities to innovation projects to ensure the portfolio delivers on strategic initiatives
• Identify areas requiring attention on strategic initiatives that innovation teams could be working on
• Provide recommendations on prioritizing or deprioritizing specific innovation projects
• Prepare, summarize, and deliver reports and/or presentations on the claims innovation portfolio to leadership

About You

Skills & experiences:

• Experience in portfolio and/or project management (3+ years preferred)
• Demonstrated competence in portfolio and project management methodologies, processes, and principles
• Experience with qualitative and quantitative research skills, including data analysis, data synthesis, and data driven recommendations
• Skilled in change management principles with an understanding of strategy, transformation, and innovation methods
• Capable of working independently and with a team, possessing a unique blend of technical, business, and strategic thinking skills
• Exhibit the ability to quickly absorb and develop domain knowledge in specific technologies and industries 
• Ability to build and maintain relationships at all organizational levels and foster collaboration across multiple stakeholders

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

Annual Salary

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.

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 Assistance
• 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.