Job Description

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. Thats why we offer The GEICO Pledge: Great Company Great Culture Great Rewards and Great Careers.

Our success is no secret - its the result of investing in dedicated and hardworking associates who provide exceptional service and solutions for our clients. GEICO is seeking a highly strategic innovative experienced and collaborative Chief Compliance Officer to lead the enterprise-wide compliance program and foster a culture of ethics.

The ideal candidate will be a visionary with deep knowledge of the insurance industry strong business acumen and exceptional leadership and communication skills. This individual should also have the ability to anticipate emerging issues ensure the organization meets its regulatory obligations and mitigate compliance risk by partnering with leaders across the organization to embed compliance into our operations. This role will report directly to the Chief Legal Officer and will oversee and direct a team of compliance professionals across the United States.

Key Responsibilities

Strategic Leadership

• Design implement and continuously enhance a comprehensive enterprise compliance framework including development of policies training monitoring and reporting mechanisms to ensure organizational integrity and consistency
• Advise the executive leadership team and Board of Directors (or designated committee) on compliance risks emerging regulatory trends and control effectiveness providing actionable recommendations to support informed decision-making
• Champion and actively promote a strong risk-aware culture and ethical conduct across all business units and functions by leading training initiatives effective communications and recognition programs

Program Governance and Oversight

• Develop implement and manage enterprise-level compliance policies and procedures to ensure consistency and effectiveness across the organization.
• Lead the annual compliance risk assessment and planning process integrating with the enterprise risk management (ERM) framework
• Monitor and analyze new regulatory changes ensuring timely adaptation of internal policies and procedures
• Oversee the creation and maintenance of compliance dashboards key performance indicators (KPIs) and board-level reporting to inform leadership and drive accountability
• Ensure documentation and recordkeeping meet all regulatory expectations and industry best practices
• Collaborate with Legal Internal Audit ERM Underwriting Claims Product Internal Controls and IT to proactively identify and address cross-functional and emerging compliance risks
• Evaluate internal controls and recommend improvements to strengthen compliance management systems

Regulatory Compliance and Monitoring

• Ensure organizational compliance with all applicable federal state and local laws and regulations
• Oversee and evaluate compliance monitoring and testing activities performed by business units or second-line functions
• Partner with Government and Regulatory Affairs on regulatory inquiries examinations and audits; support business units during such engagements
• Oversee market conduct compliance activities

Ethics Training and Culture

• Foster a robust culture of ethics and compliance throughout the organization.
• Develop and implement comprehensive compliance training programs for all staff leadership and relevant third-party partners
• Enhance awareness of regulatory requirements policy changes and industry best practices

Reporting and Communication

• Deliver regular compliance updates to senior leadership and the Board of Directors including detailed analysis of emerging trends risks and findings
• Manage corrective action plans ensuring timely and effective remediation of identified issues
• Support corporate governance initiatives and ensure continued alignment with regulatory standards and expectations

Investigations and Corrective Actions

• Collaborate and partner on internal investigations into potential compliance violations or unethical conduct
• Collaborate with HR Legal and business leaders to design and implement corrective actions and monitor their effectiveness

Qualifications

• Education: Bachelors degree from an accredited 4-year college or university; Juris Doctor (JD) or advanced degree preferred
• Experience: 15 years of compliance legal or regulatory experience in the insurance or financial services industry including demonstrated leadership and team management experience
• Strategic Thinking: Proven ability to develop and execute complex strategies that align policy priorities with business objectives
• Analytical Skills: Exceptional ability to analyze complex legislative and regulatory environments and translate findings into actionable recommendations
• Communication Skills: Excellent written and verbal communication skills; proven ability to persuasively articulate positions to policymakers and advise senior executives on complex issues
• Relationship Building: Demonstrated success cultivating trusted relationships with policymakers regulators and industry leaders
• Strong knowledge of insurance regulations and property and casualty operations

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Annual Salary

$322000.00 - $598000.00

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 candidates 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 lifes twists and turns. Our mission is to protect people when they need it most and were constantly evolving to stay ahead of their needs.

Were an iconic brand that thrives on innovation exceeding our customers expectations and enabling our collective success. From day one youll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on peoples 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. Youll 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 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: We offer compensation and benefits built to enhance your physical well-being mental and emotional health and financial future.

• Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your familys 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.

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.

Required Experience:

Chief

Job Tags

Hourly pay, Full time, Work experience placement, Local area, Flexible hours

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