State Manager - General Motors Insurance
location_on1103, Mayfield Street, Fort Worth, Tarrant County, Texas, 76102, United States
Job Description
About General Motors Insurance
At General Motors Insurance, we are building an Insurtech business that will reinvent auto insurance. We are fully owned and backed by auto industry leaders General Motors and GM Financial. This is a truly unique opportunity to join at the foundational stage of a start-up leading the transformation of the auto insurance experience.
GM has the largest connected vehicle fleet worldwide. In the US alone, there are currently 9M+ connected GM vehicles on the road and that number is projected to triple in the next 10 years. More than that, the OnStar system currently has access to over 900 data points from the vehicle. This surge in information about vehicles and how they are driven will revolutionize auto insurance. This disruption is backed by the bold GM vision of zero crashes, zero emissions and zero congestion. We are serious about the safety and financial security of our customers.
About the Role
The State Manager role is responsible for tailoring our auto insurance product for select new states as well as managing several in-market states to ensure our product is compliant and expected to achieve profit and growth targets. The State Manager develops a thorough understanding of the state regulatory environment and competitive marketplace to shape coverage design, policy forms, underwriting eligibility, pricing, quote flow and other operational decisions. This person also monitors key performance metrics to identify and execute needed changes to the product. This role will partner closely with key business and operations teams across the organization – including Customer Engagement, Product Enablement, Technology, Legal, and Claims.
Our Culture
Our team members define and shape our culture - an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work - we thrive.
Work location
Work model: Remote
1103, Mayfield Street, Fort Worth, Tarrant County, Texas, 76102, United States
Fort Worth, Texas
Key Responsibilities
- check_circleDevelop strategy and execution for state product launches including forms, underwriting, and rates
- check_circleAnalyze competitor offerings and pricing strategies
- check_circleCommunicate business requirements to Technology partners
- check_circleAnalyze P&L drivers and develop strategies to improve business outcomes
- check_circleResearch state legislative and regulatory requirements to ensure compliance
- check_circleCollaborate with cross-functional teams to execute operational changes
Requirements
- verifiedHigh School Diploma or equivalent required; Bachelor's Degree in Business, Finance, Math, Insurance or related field, or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree required
- verified3+ years related professional experience with analysis and/or managing personal lines insurance product performance required
- verified1+ years of experience managing direct report(s) or managing the work of resources in a matrixed team preferred
- verifiedProficiency with Microsoft Office Suite
Benefits & Perks
Skills, education and keywords
Skills: microsoft office suite, pricing, underwriting, telematics, data analysis.
Education: High School Diploma or equivalent required; Bachelor's Degree in Business, Finance, Math, Insurance or related field.